Chicago vs Frisco

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

💰 Salary Equivalence

To maintain the same standard of living:

See exact take-home pay: Illinois salaries · Texas salaries

Living in Chicago vs Frisco

Housing is typically the biggest factor in any cost-of-living comparison. Chicago has a housing index of 112 while Frisco sits at 142 (national average = 100). The median home in Chicago costs $310,000 compared to $500,000 in Frisco, a difference of $190,000. Monthly rent follows a similar pattern: $1,700 in Chicago versus $1,900 in Frisco.

Groceries and everyday expenses show a notable difference: Chicago scores 104 while Frisco scores 99. Both cities are close to the national average for grocery costs.

Healthcare costs in Chicago (101) are higher than Frisco (100). Both are close to the national average.

Median household income in Chicago is $62,097 compared to $126,048 in Frisco. When adjusted for cost of living, income goes further in Chicago.

Relocating: Chicago vs Frisco

If you are considering a move between Chicago (index: 107) and Frisco (index: 115), the 7% cost difference has real implications for your budget. Chicago is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Chicago can afford $1,449/month, while the median household in Frisco can afford $2,941/month. With median homes at $310,000 in Chicago versus $500,000 in Frisco, the higher-cost city presents significant affordability challenges.

Renting vs buying: At $1,700/month in Chicago and $1,900/month in Frisco, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes significantly further in Chicago. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Chicago (107) vs Frisco (115)

The cost of living index uses 100 as the national average. Chicago at 107 is 7% above the US average, while Frisco at 115 is 15% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

The overall index is a weighted average of housing (the largest component), groceries, utilities, transportation, and healthcare. Housing typically drives the biggest differences between cities. Even when two cities have similar overall indices, their category-level costs can vary significantly — one city might have expensive housing but cheap groceries, while another is the reverse. Check the category breakdown above for the full picture.

For renters: With median rents of $1,700/month in Chicago and $1,900/month in Frisco, the annual rent difference is approximately $2,400. Over a 5-year period, that compounds to $12,000 in savings by choosing the more affordable city.

For homebuyers: The $190,000 difference in median home prices between Chicago and Frisco translates to roughly $11,400 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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