$

City Comparison · 2026

Jackson vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Jackson = $166k in Chicago

Metric
Jackson
Chicago
COL Index
0.83
1.38
1BR Monthly Rent
$900/mo
$2,000/mo
2BR Monthly Rent
$1,130/mo
$2,600/mo
State Income Tax
MS
IL
$100k Take-Home
$74,036
$73,786
$100k Effective Rate
25.96%
26.21%
$100k Savings Potential
$63,236
$49,786

After-Tax Income by Salary

Gross SalaryJackson
MS
Chicago
IL
$60,000$47,428
$3,952/mo · 20.95% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$74,036
$6,170/mo · 25.96% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$106,228
$8,852/mo · 29.18% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Jackson or Chicago cheaper to live in?

Jackson has a cost-of-living index of 0.83 while Chicago is 1.38 (1.00 = US average). Jackson is cheaper overall. 1BR rent in Jackson is $900/month vs $2,000/month in Chicago.

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

$100k in Jackson = $166k in Chicago. Cost of living in Chicago is higher by 66.3%.

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

On a $100,000 salary, you take home $74,036 in MS (Jackson) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $63,236 in Jackson vs $49,786 in Chicago.