Chicago, IL vs Fayetteville, NC
Cost of living comparison · 2023 Census ACS data
Quick Summary
Chicago is materially more expensive on housing — $315,000 for a typical home compared with $172,000 in Fayetteville, a gap of roughly 45%.
Median Home Value
$315,200
$171,900 ✓
Zillow Home Value
$312,456
$222,765
Median Gross Rent
$1,380/mo
$1,179/mo ✓
Owner Occupied %
45.5%
46.5%
Price-to-Rent Ratio
19.0x
12.2x
Median Household Income
$75,134 ✓
$56,395
Per Capita Income
$48,148
$31,467
Unemployment Rate
7.9% ✓
8.2%
Poverty Rate
16.8%
18.1%
Avg Commute (min)
36.7 min
20.7 min
Drove Alone %
46.0%
74.2%
Public Transit %
19.3%
0.6%
Work From Home %
18.3%
6.6%
State Income Tax
5.0%
4.5%
Total Sales Tax
8.7%
7.0% ✓
Property Tax Rate
2.2%
0.8%
Bachelor's Degree %
24.9%
18.6%
Median Age
35.7
30.7
Avg High Temp
60.3°F
73.6°F
Annual Precipitation
34.4"
44.6"
Chicago, IL 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Fayetteville, NC 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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