City comparison
Chicago, IL vs Lakeland, FL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Chicago, IL are 6.6% higher than in Lakeland, FL. Someone earning $100,000 in Lakeland, FL would need about $106,600 in Chicago, IL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,581 a month in Chicago, IL versus $1,230 in Lakeland, FL. On $100,000, that's 26% of take-home pay in Chicago, IL and 19% in Lakeland, FL.
- On $100,000, estimated state income tax is about $4,805 a year higher in Chicago, IL than in Lakeland, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by −10.5% moving from Chicago, IL to Lakeland, FL ($118,984 → $106,437), while prices change by −6.2%. Net effect of the transfer: −4.6% in real buying power.
- Chicago, IL: price level 103.6 (pricier)
- Lakeland, FL: price level 97.1 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Chicago, IL | Lakeland, FL | |
|---|---|---|
| Price level (U.S. = 100)2 | 103.6 | 97.1 |
| $100,000 is worth, in the other city2 | $93,770 in Lakeland | $106,644 in Chicago |
| Typical 1-bedroom rent3 | $1,581/mo | $1,230/mo |
| Take-home on $100,00014,15,8 | $74,375 | $79,180 |
| State income tax on $100,000 (estimate)8 | $4,805 (IL) | $0 (FL) |
| Rent burden on $100,000 | 26% | 19% |
| Median pay, all jobs4 | $54,720 | $46,140 |
| Federal locality pay area7 | Chicago-Naperville, IL-IN-WI | Rest of U.S. |
Rent areas: Chicago-Joliet-Naperville, IL HUD Metro FMR Area and Lakeland-Winter Haven, FL MSA. Metro areas: Chicago-Naperville-Elgin, IL-IN and Lakeland-Winter Haven, FL.
What costs more or less
| Price level (U.S. = 100) | Chicago | Lakeland |
|---|---|---|
| Housing (rent) | 112.0 | 95.9 |
| Goods | 107.3 | 96.2 |
| Utilities | 83.6 | 86.9 |
| Other services | 100.5 | 98.9 |
| Overall | 103.6 | 97.1 |
Moving with the same $100,000 salary
Chicago, IL → Lakeland, FL
Same pay goes further
Buying power +6.6%; rent takes 19% of take-home; state tax −$4,805/yr.
90 Strong offer
Lakeland, FL → Chicago, IL
Same pay buys less
Buying power −6.2%; rent takes 26% of take-home; state tax +$4,805/yr.
49 Fair offer
On the GS pay scale?
Chicago, IL is in the Chicago-Naperville, IL-IN-WI pay area; Lakeland, FL is in Rest of U.S.. The last column shows what a transfer from Chicago, IL to Lakeland, FL at the same grade and step does to real buying power.
| Grade5,2 | Chicago, IL | Lakeland, FL | Real change, Chicago → Lakeland |
|---|---|---|---|
| GS-9 step 1 | $68,999 | $61,722 | −4.6% |
| GS-11 step 1 | $83,482 | $74,678 | −4.6% |
| GS-12 step 1 | $100,059 | $89,508 | −4.6% |
| GS-13 step 1 | $118,984 | $106,437 | −4.6% |
| GS-14 step 1 | $140,604 | $125,776 | −4.6% |
Pay for common jobs
| Median annual pay4 | Chicago, IL | Lakeland, FL | Lakeland pay in Chicago dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $78,390 | $50,420 | $53,770 (−31.4%) |
| Software Developers | $134,380 | $122,200 | $130,319 (−3.0%) |
| Accountants and Auditors | $82,360 | $76,820 | $81,924 (−0.5%) |
| Registered Nurses | $100,490 | $84,030 | $89,613 (−10.8%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.