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City Comparison · 2026

Ann Arbor vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Ann Arbor = $114k in Chicago

Metric
Ann Arbor
Chicago
COL Index
1.21
1.38
1BR Monthly Rent
$1,650/mo
$2,000/mo
2BR Monthly Rent
$2,100/mo
$2,600/mo
State Income Tax
MI
IL
$100k Take-Home
$74,486
$73,786
$100k Effective Rate
25.51%
26.21%
$100k Savings Potential
$54,686
$49,786

After-Tax Income by Salary

Gross SalaryAnn Arbor
MI
Chicago
IL
$60,000$47,698
$3,975/mo · 20.5% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$74,486
$6,207/mo · 25.51% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$106,903
$8,909/mo · 28.73% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Ann Arbor or Chicago cheaper to live in?

Ann Arbor has a cost-of-living index of 1.21 while Chicago is 1.38 (1.00 = US average). Ann Arbor is cheaper overall. 1BR rent in Ann Arbor is $1,650/month vs $2,000/month in Chicago.

How much more do you need to earn in Chicago vs Ann Arbor?

$100k in Ann Arbor = $114k in Chicago. Cost of living in Chicago is higher by 14%.

Which city has better after-tax income — Ann Arbor or Chicago?

On a $100,000 salary, you take home $74,486 in MI (Ann Arbor) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $54,686 in Ann Arbor vs $49,786 in Chicago.