To keep the same standard of living as $100,000 in Chicago, you'd need about $100,700 in Dallas — a $700 premium per year.
Estimated monthly spending for a middle-income household, adjusted by each metro's BEA price level.
The salary you'd need in Dallas to maintain the same purchasing power as each income level in Chicago, using the BEA price ratio of 1.007.
| Salary in Chicago | Equivalent in Dallas | Difference |
|---|---|---|
| $50,000 | $50,300 | +$300 |
| $75,000 | $75,500 | +$500 |
| $100,000 | $100,700 | +$700 |
| $150,000 | $151,000 | +$1,000 |
| $200,000 | $201,400 | +$1,400 |
Moving from Chicago, IL to Dallas, TX means your everyday costs are more expensive by roughly 0.7%. The U.S. Bureau of Economic Analysis measures Chicago's overall price level at 102.6 and Dallas's at 103.3, where 100 represents the national average. In practical terms, a household spending $5,241 per month in Chicago would spend about $5,280 for the equivalent lifestyle in Dallas — a swing of $39 every month, or $468 per year.
Housing is the decisive factor. Estimated monthly housing runs $2,198 in Chicago against $2,225 in Dallas. Because rent and mortgage costs vary far more between metros than groceries or utilities, the housing line alone accounts for most of the 0.7% gap.
For salary negotiation or a remote-work relocation, the key number is the equivalent salary. A $100,000 income in Chicago has the same purchasing power as $100,700 in Dallas. Looked at the other way, $100,000 in Dallas is worth about $99,300 in Chicago terms. Use the Cost of Living Calculator to plug in your own expenses.
Cost of living compares prices across places at one point in time. The related question — how prices in one place have changed over time — is answered by inflation. To see what an income or price from an earlier decade is worth in today's money, see what old money is worth today, which converts any amount from 1913 onward using Consumer Price Index data.
Price levels don't include income tax, which can significantly swing your real take-home pay — especially between IL and TX.
Dallas is 0.7% more expensive than Chicago overall. Based on the U.S. Bureau of Economic Analysis Regional Price Parities (2023), Chicago has a price level of 102.6 versus 103.3 for Dallas, where 100 equals the national average.
To maintain the same purchasing power as a $100,000 salary in Chicago, you would need about $100,700 in Dallas — a difference of $700 per year.
Estimated monthly housing runs about $2,198 in Chicago versus $2,225 in Dallas. Housing is the single biggest driver of the cost-of-living gap between the two metros.
Sources & methodology
Price levels use the U.S. Bureau of Economic Analysis Regional Price Parities for metropolitan areas (2023, the most recent metro-level release). Chicago maps to the Chicago-Naperville-Elgin, IL-IN-WI MSA; Dallas maps to the Dallas-Fort Worth-Arlington, TX MSA. Category spending baselines come from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. Category-level figures are modeled estimates and are illustrative; actual costs vary by household. This is a planning tool, not financial advice.
