Chicago, IL vs Hialeah, FL
Cost of living comparison · 2023 Census ACS data
Quick Summary
On the headline indicators, Chicago and Hialeah are closely matched markets (homes within 12% of each other). Distinguishing the two usually requires looking past the cost averages — at the tax structure, commute patterns, and individual neighborhood differences. Hialeah also has no state income tax, while the other state tops out at 5.0% — a meaningful annual difference at higher income levels.
Median Home Value
$315,200 ✓
$359,200
Zillow Home Value
$312,456
$439,844
Median Gross Rent
$1,380/mo ✓
$1,558/mo
Owner Occupied %
45.5%
47.1%
Price-to-Rent Ratio
19.0x
19.2x
Median Household Income
$75,134 ✓
$53,079
Per Capita Income
$48,148
$25,766
Unemployment Rate
7.9%
3.7% ✓
Poverty Rate
16.8%
17.5%
Avg Commute (min)
36.7 min
31.9 min
Drove Alone %
46.0%
72.8%
Public Transit %
19.3%
1.2%
Work From Home %
18.3%
12.6%
State Income Tax
5.0%
None
Total Sales Tax
8.7%
7.0% ✓
Property Tax Rate
2.2%
0.9%
Bachelor's Degree %
24.9%
14.8%
Median Age
35.7
45.9
Avg High Temp
60.3°F
84.6°F
Annual Precipitation
34.4"
62.6"
Chicago, IL 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Median Household Income
Hialeah, FL 2 wins
- ✓Total Sales Tax
- ✓Unemployment Rate
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