Labor Economics Arbitrage & Career Benchmarks

Chicago-Naperville-Elgin, IL-IN vs. Davidson County, NC

Empirical side-by-side analysis of regional cost of living, HUD fair market rents, statutory tax burdens, and occupational compensation spread.

Curated Head-to-Head Matchups
IL Market

Chicago-Naperville-Elgin, IL-IN

Cost of Living Index: 125.8 · Flat Tax
All-Occupation Median (BLS) $54,720
HUD 1BR Rent$1,780/mo
Est. Take-Home$43,584/yr
Top State Tax Rate4.95%
Local Income Tax0.00%
Explore Chicago-Naperville-Elgin, IL-IN Dossier
VS
NC Market

Davidson County, NC

Cost of Living Index: 95.8 · Flat Tax
Winston-Salem Metro Median (BLS) $46,380
HUD 1BR Rent$999/mo
Est. Take-Home$38,104/yr
Top State Tax Rate3.99%
Local Income Tax0.00%
Explore Davidson County, NC Dossier

Executive Takeaway & Purchasing Power Verdict

The BLS median wage across all occupations is $54,720 in Chicago-Naperville-Elgin, IL-IN and $46,380 in Davidson County, NC (BLS figure for the Winston-Salem, NC metro area), 15.2% lower in Davidson County. HUD's one-bedroom Fair Market Rent is $1,780 a month in Chicago and $999 in Davidson County (43.9% lower in Davidson County). On a $75,000 salary a single filer pays $2,484 in state and local income tax in Davidson County versus $3,568 in Chicago, $1,084 less a year in Davidson County. EPI family budgets put overall living costs 23.9% lower in Davidson County, so $75,000 in Chicago goes about as far as $57,080 in Davidson County. Adjusted for living costs, the median wage buys about 11.4% more in Davidson County, NC than in Chicago-Naperville-Elgin, IL-IN.

Chicago-Naperville-Elgin, IL-IN vs Davidson County, NC: Shared Occupation Wages

Comparing empirical BLS median wages across common professions in both labor markets.

Category / Role Chicago-Naperville-Elgin, IL-IN Median Davidson County, NC Median Advantage Delta Action

Head-to-Head Comparison Frequently Asked Questions

Is it cheaper to live in Chicago-Naperville-Elgin, IL-IN or Davidson County, NC?

Davidson County, NC is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 95.8 versus 125.8 in Chicago-Naperville-Elgin, IL-IN. HUD's one-bedroom Fair Market Rent is $1,780 a month in Chicago-Naperville-Elgin, IL-IN and $999 in Davidson County, NC.

How much do I need to earn in Davidson County, NC to match $75,000 in Chicago-Naperville-Elgin, IL-IN?

About $57,080. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (125.8 in Chicago-Naperville-Elgin, IL-IN, 95.8 in Davidson County, NC); it does not account for differences in taxes.

Do jobs pay more in Chicago-Naperville-Elgin, IL-IN or Davidson County, NC?

The BLS median wage across all occupations is $54,720 in Chicago-Naperville-Elgin, IL-IN and $46,380 in Davidson County, NC (BLS figure for the Winston-Salem, NC metro area). Pay for a specific occupation can differ; the table on this page compares BLS medians for occupations published in both metros.

How do income taxes compare between Chicago-Naperville-Elgin, IL-IN and Davidson County, NC?

Chicago-Naperville-Elgin, IL-IN has a top state rate of 4.95%; a single filer earning $75,000 pays $3,568 in state and local income tax there. Davidson County, NC has a top state rate of 3.99%; a single filer earning $75,000 pays $2,484 in state and local income tax there. Federal income tax and FICA are the same in both.

Where does the median wage go further?

Dividing each metro's BLS median wage by its cost-of-living index, the median wage buys about 11.4% more in Davidson County, NC than in Chicago-Naperville-Elgin, IL-IN.

Reciprocal Route & Triangular Silo Links

Chicago-Naperville-Elgin, IL-IN vs. Davidson County, NC: Reverse Comparison & Regional Hubs

Reverse Comparison: Davidson County, NC vs. Chicago-Naperville-Elgin, IL-IN
Chicago-Naperville-Elgin, IL-IN vs. Davidson County, NC Overview

Side-by-side wage, living expense, & tax arbitrage comparison for Chicago-Naperville-Elgin, IL-IN vs. Davidson County, NC. Empirical BLS earnings & HUD. Official 2026 economic data for Chicago-Naperville-Elgin, IL-IN vs. Davidson County, NC compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
Is it cheaper to live in Chicago-Naperville-Elgin, IL-IN or Davidson County, NC?

Davidson County, NC is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 95.8 versus 125.8 in Chicago-Naperville-Elgin, IL-IN. HUD's one-bedroom Fair Market Rent is $1,780 a month in Chicago-Naperville-Elgin, IL-IN and $999 in Davidson County, NC.

How much do I need to earn in Davidson County, NC to match $75,000 in Chicago-Naperville-Elgin, IL-IN?

About $57,080. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (125.8 in Chicago-Naperville-Elgin, IL-IN, 95.8 in Davidson County, NC); it does not account for differences in taxes.