Chicago, IL vs Dallas, TX
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Chicago, IL is cheaper — a 2-bedroom averages $1,761/mo versus $1,884/mo in Dallas, TX, 7% ($123/mo) less. Over a year that is $1,476 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $75,360/year in Dallas, TX versus $70,440/year in Chicago, IL — a $4,920 difference in required salary.
Home Prices
The median home costs $312,024 in Dallas, TX versus $325,887 in Chicago, IL — 4% higher. Buyers priced out of Chicago, IL may find Dallas, TX more attainable.
Select Cities (2/3)
Chicago, IL
Dallas, TX
| Metric | Chicago IL | Dallas TX |
|---|---|---|
| Studio Rent | $1,458✓ | $1,531 |
| 1BR Rent | $1,560✓ | $1,606 |
| 2BR Rent | $1,761✓ | $1,884 |
| 3BR Rent | $2,262✓ | $2,361 |
| 4BR Rent | $2,657✓ | $3,033 |
| Median Home Value | $325,887 | $312,024✓ |
| Price per sqft | — | — |
| Median Income | $88,850 | $87,155✓ |
| Income to Rent 2BR | $70,440/yr✓ | $75,360/yr |