Chicago, IL vs Greensboro, NC
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing in Chicago runs about 30% above Greensboro, but Chicago earns more at the median (22% higher), partly offsetting the cost difference — the standard tradeoff between cost and earnings that shapes most US city-to-city moves.
Median Home Value
$315,200
$221,300 ✓
Zillow Home Value
$312,456
$261,036
Median Gross Rent
$1,380/mo
$1,114/mo ✓
Owner Occupied %
45.5%
50.3%
Price-to-Rent Ratio
19.0x
16.6x
Median Household Income
$75,134 ✓
$58,884
Per Capita Income
$48,148
$35,858
Unemployment Rate
7.9%
5.1% ✓
Poverty Rate
16.8%
18.4%
Avg Commute (min)
36.7 min
23.6 min
Drove Alone %
46.0%
73.8%
Public Transit %
19.3%
2.4%
Work From Home %
18.3%
11.8%
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%
24.2%
Median Age
35.7
34.1
Avg High Temp
60.3°F
69.8°F
Annual Precipitation
34.4"
44"
Annual Snowfall
—
7.1"
Chicago, IL 1 wins
- ✓Median Household Income
Greensboro, NC 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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