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City Comparison · 2026

Denver vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Denver = $99k in Chicago

Metric
Denver
Chicago
COL Index
1.39
1.38
1BR Monthly Rent
$1,900/mo
$2,000/mo
2BR Monthly Rent
$2,400/mo
$2,600/mo
State Income Tax
CO
IL
$100k Take-Home
$74,336
$73,786
$100k Effective Rate
25.66%
26.21%
$100k Savings Potential
$51,536
$49,786

After-Tax Income by Salary

Gross SalaryDenver
CO
Chicago
IL
$60,000$47,608
$3,967/mo · 20.65% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$74,336
$6,195/mo · 25.66% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$106,678
$8,890/mo · 28.88% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Denver or Chicago cheaper to live in?

Denver has a cost-of-living index of 1.39 while Chicago is 1.38 (1.00 = US average). Chicago is cheaper overall. 1BR rent in Denver is $1,900/month vs $2,000/month in Chicago.

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

$100k in Denver = $99k in Chicago. Cost of living in Chicago is lower by 0.7%.

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

On a $100,000 salary, you take home $74,336 in CO (Denver) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $51,536 in Denver vs $49,786 in Chicago.