Relocation: Chicago-Naperville-Elgin, IL-IN to Richmond, VA
Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
Income tax, HUD Fair Market Rents and EPI living costs for a move from Chicago-Naperville-Elgin, IL-IN to Richmond, VA.
Interactive Purchasing Power Equivalency Workbench
Adjust your current salary at origin to dynamically compute the statutory tax burden, housing costs, and discretionary cash in both markets.
Chicago-Naperville-Elgin, IL-IN
Richmond, VA
Itemized Cost of Living Expenditure Arbitrage
Category-by-category breakdown of monthly baseline consumption between origin and destination.
| Expenditure Category | Chicago-Naperville-Elgin (Monthly) | Richmond (Monthly) | Monthly Delta ($) | Difference (%) |
|---|---|---|---|---|
| Housing (1BR Fair Market Rent) | $1,780 | $1,517 | -$263 | -14.8% |
| Food & Groceries | $385 | $376 | -$9 | -2.3% |
| Transportation | $947 | $1,089 | +$142 | +15.0% |
| Healthcare | $416 | $389 | -$27 | -6.5% |
| Other Necessities | $572 | $579 | +$7 | +1.2% |
| Total Taxes (Federal, State, Local, FICA) | $2,135 | $2,146 | +$11 | +0.5% |
HUD Fair Market Rent Differential
EPI Living Wage Benchmark Comparison
Top Local Occupations Wage Parity
BLS median wage comparisons across benchmark roles between both metropolitan labor markets.
| Occupation Title | Industry Sector | Chicago-Naperville-Elgin Median | Richmond Median | Nominal Wage Delta | Action |
|---|---|---|---|---|---|
| General and Operations ManagersFinance & Management | Finance & Management | $109,390 | $108,670 | -$720 (-0.7%) | View Dossier |
| Registered Nurse (RN)Healthcare | Healthcare | $100,490 | $93,580 | -$6,910 (-6.9%) | View Dossier |
| Accountant & AuditorFinance | Finance | $82,360 | $84,220 | +$1,860 (+2.3%) | View Dossier |
| Software EngineerTechnology | Technology | $134,380 | $132,120 | -$2,260 (-1.7%) | View Dossier |
| Financial ManagerFinance | Finance | $168,810 | $173,140 | +$4,330 (+2.6%) | View Dossier |
| Management AnalystBusiness Operations | Business Operations | $105,090 | $95,660 | -$9,430 (-9.0%) | View Dossier |
| Project Management SpecialistBusiness Operations | Business Operations | $105,320 | $102,170 | -$3,150 (-3.0%) | View Dossier |
| Computer and Information Systems ManagersFinance & Management | Finance & Management | $173,760 | $180,640 | +$6,880 (+4.0%) | View Dossier |
| Sales ManagersFinance & Management | Finance & Management | $158,690 | $168,590 | +$9,900 (+6.2%) | View Dossier |
| Quality Control InspectorIndustrial Manufacturing | Industrial Manufacturing | $48,230 | $48,710 | +$480 (+1.0%) | View Dossier |
| ElectricianSkilled Trades | Skilled Trades | $102,350 | $61,350 | -$41,000 (-40.1%) | View Dossier |
| Financial AnalystFinance | Finance | $101,750 | $104,160 | +$2,410 (+2.4%) | View Dossier |
Major US Inter-Metro Relocation Corridors
Empirical cost differentials and statutory tax savings across high-volume migration routes.
On $100k: $8,301 less tax and $14,388 less 1BR rent a year
On $100k: $6,211 less tax and $17,676 less 1BR rent a year
On $100k: $4,805 less tax and $2,928 less 1BR rent a year
On $100k: $1,729 less tax and $19,884 less 1BR rent a year
On $100k: $4,113 less tax and $10,908 less 1BR rent a year
On $100k: $3,761 more tax and $4,188 less 1BR rent a year
On $100k: $1,299 less tax and $11,592 less 1BR rent a year
On $100k: $8,301 less tax and $7,296 less 1BR rent a year
Chicago-Naperville-Elgin, IL-IN to Richmond, VA Relocation FAQs
About $104,400. That scales $100,000 by the ratio of the metros' cost-of-living indexes (125.8 in Chicago-Naperville-Elgin, IL-IN, 131.3 in Richmond, VA, from EPI family budgets); taxes are compared separately below.
Chicago-Naperville-Elgin, IL-IN to Richmond, VA: State Paychecks, Rents & Reciprocal Corridor
Chicago-Naperville-Elgin, IL-IN to Richmond, VA: 2026 federal, state & local income tax, HUD Fair Market Rents & EPI living costs compared on the same salary. Official 2026 economic data for Relocation: Chicago-Naperville-Elgin, IL-IN to Richmond, VA compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.
Quick answers
About $104,400. That scales $100,000 by the ratio of the metros' cost-of-living indexes (125.8 in Chicago-Naperville-Elgin, IL-IN, 131.3 in Richmond, VA, from EPI family budgets); taxes are compared separately below.
EPI's family budgets for a single adult put overall living costs 4.4% higher in Richmond, VA than in Chicago-Naperville-Elgin, IL-IN. The budgets cover housing, food, transportation, health care and other necessities.