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City Comparison · 2026

Fargo vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Fargo = $152k in Chicago

Metric
Fargo
Chicago
COL Index
0.91
1.38
1BR Monthly Rent
$1,050/mo
$2,000/mo
2BR Monthly Rent
$1,320/mo
$2,600/mo
State Income Tax
ND
IL
$100k Take-Home
$78,736
$73,786
$100k Effective Rate
21.26%
26.21%
$100k Savings Potential
$66,136
$49,786

After-Tax Income by Salary

Gross SalaryFargo
ND
Chicago
IL
$60,000$50,248
$4,187/mo · 16.25% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$78,736
$6,561/mo · 21.26% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$113,278
$9,440/mo · 24.48% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Fargo or Chicago cheaper to live in?

Fargo has a cost-of-living index of 0.91 while Chicago is 1.38 (1.00 = US average). Fargo is cheaper overall. 1BR rent in Fargo is $1,050/month vs $2,000/month in Chicago.

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

$100k in Fargo = $152k in Chicago. Cost of living in Chicago is higher by 51.6%.

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

On a $100,000 salary, you take home $78,736 in ND (Fargo) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $66,136 in Fargo vs $49,786 in Chicago.