Florida · Illinois

Cost of Living: Florida vs Illinois

Illinois is 3.3% cheaper than Florida: a $100,000 salary in Florida buys what $96,658 buys in Illinois, based on BEA regional price parities for 2024.

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Florida vs Illinois: prices, pay and taxes

FloridaIllinois
BEA price parity (U.S. = 100)103.4100.0
Average salary, all jobs$64,670$71,130
Average salary adjusted for prices$62,535$71,160
Take-home on $100,000*$79,180$74,371
Median household income$71,711$81,702
State income tax on wagesNoYes
Population21,928,88112,692,653

*Single filer, federal and state income tax and FICA, 2026 rules, no city or county taxes.

Compare with another state or city

Cost of living in Florida cities

CityPrice parityAverage salaryHome value
Miami114.2$67,190$475,622
Tampa100.9$66,490$360,738
Orlando101.4$61,890$387,733
Jacksonville99.5$65,700$352,994
Sarasota102.4$62,500$403,601
Fort Myers102.3$60,050$339,372

Cost of living in Illinois cities

CityPrice parityAverage salaryHome value
Chicago103.6$73,380$353,998
Peoria91.2$68,130$172,742
Rockford92.2$61,020$221,368
Champaign92.7$68,290$237,290
Springfield92.7$69,800$200,409
Bloomington93.5$70,010$260,134
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