Labor Economics Arbitrage & Career Benchmarks

King and Queen County, VA vs. Chicago-Naperville-Elgin, IL-IN

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
VA Market

King and Queen County, VA

Cost of Living Index: 118.3 · Graduated Brackets
Richmond Metro Median (BLS) $51,460
HUD 1BR Rent$1,075/mo
Est. Take-Home$41,383/yr
Top State Tax Rate5.75%
Local Income Tax0.00%
Explore King and Queen County, VA Dossier
VS
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

Executive Takeaway & Purchasing Power Verdict

The BLS median wage across all occupations is $51,460 in King and Queen County, VA (BLS figure for the Richmond, VA metro area) and $54,720 in Chicago-Naperville-Elgin, IL-IN, 6.3% higher in Chicago. HUD's one-bedroom Fair Market Rent is $1,075 a month in King and Queen County and $1,780 in Chicago (65.6% higher in Chicago). On a $75,000 salary a single filer pays $3,498 in state and local income tax in King and Queen County versus $3,568 in Chicago, $69 less a year in King and Queen County. EPI family budgets put overall living costs 6.3% higher in Chicago, so $75,000 in King and Queen County goes about as far as $79,730 in Chicago.

King and Queen County, VA vs Chicago-Naperville-Elgin, IL-IN: Shared Occupation Wages

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

Category / Role King and Queen County, VA Median Chicago-Naperville-Elgin, IL-IN Median Advantage Delta Action

Head-to-Head Comparison Frequently Asked Questions

Is it cheaper to live in King and Queen County, VA or Chicago-Naperville-Elgin, IL-IN?

King and Queen County, VA is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 118.3 versus 125.8 in Chicago-Naperville-Elgin, IL-IN. HUD's one-bedroom Fair Market Rent is $1,075 a month in King and Queen County, VA and $1,780 in Chicago-Naperville-Elgin, IL-IN.

How much do I need to earn in Chicago-Naperville-Elgin, IL-IN to match $75,000 in King and Queen County, VA?

About $79,730. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (118.3 in King and Queen County, VA, 125.8 in Chicago-Naperville-Elgin, IL-IN); it does not account for differences in taxes.

Do jobs pay more in King and Queen County, VA or Chicago-Naperville-Elgin, IL-IN?

The BLS median wage across all occupations is $51,460 in King and Queen County, VA (BLS figure for the Richmond, VA metro area) and $54,720 in Chicago-Naperville-Elgin, IL-IN. 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 King and Queen County, VA and Chicago-Naperville-Elgin, IL-IN?

King and Queen County, VA has a top state rate of 5.75%; a single filer earning $75,000 pays $3,498 in state and local income tax there. 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. 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 0.0% more in Chicago-Naperville-Elgin, IL-IN than in King and Queen County, VA.

Reciprocal Route & Triangular Silo Links

King and Queen County, VA vs. Chicago-Naperville-Elgin, IL-IN: Reverse Comparison & Regional Hubs

Reverse Comparison: Chicago-Naperville-Elgin, IL-IN vs. King and Queen County, VA
King and Queen County, VA vs. Chicago-Naperville-Elgin, IL-IN Overview

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

Quick answers
Is it cheaper to live in King and Queen County, VA or Chicago-Naperville-Elgin, IL-IN?

King and Queen County, VA is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 118.3 versus 125.8 in Chicago-Naperville-Elgin, IL-IN. HUD's one-bedroom Fair Market Rent is $1,075 a month in King and Queen County, VA and $1,780 in Chicago-Naperville-Elgin, IL-IN.

How much do I need to earn in Chicago-Naperville-Elgin, IL-IN to match $75,000 in King and Queen County, VA?

About $79,730. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (118.3 in King and Queen County, VA, 125.8 in Chicago-Naperville-Elgin, IL-IN); it does not account for differences in taxes.