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City Comparison · 2026

Southaven vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Southaven = $152k in Chicago

Metric
Southaven
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
MS
IL
$100k Take-Home
$74,036
$73,786
$100k Effective Rate
25.96%
26.21%
$100k Savings Potential
$61,436
$49,786

After-Tax Income by Salary

Gross SalarySouthaven
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 Southaven or Chicago cheaper to live in?

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

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

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

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

On a $100,000 salary, you take home $74,036 in MS (Southaven) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $61,436 in Southaven vs $49,786 in Chicago.