2026 Relocation & Cost Arbitrage Engine

Relocation: Iowa City, IA to Chicago-Naperville-Elgin, IL-IN

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 Iowa City, IA to Chicago-Naperville-Elgin, IL-IN.

Popular Corridors:
Equivalent Salary
$128,900
To maintain parity
Cost of Living Delta
+28.9%
Overall expenditure basket
Annual Tax Delta
-$1,531
State + local taxes
Annual 1BR Rent Delta
+$9,336
HUD Fair Market Rents
Net Annual Buffer
-$10,867/yr
Tax + housing gain

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.

Presets:
$
$30,000 $100,000 $200,000 $300,000
Origin Location

Iowa City, IA

COL 97.6
Gross Annual Income $100,000
Federal Income Tax -$13,170
FICA (SS & Medicare) -$7,650
State Income Tax -$3,148
Local / City Tax -$126
Net Annual Take-Home $75,906
HUD 1BR Fair Market Rent -$12,024
Discretionary Cash Flow $63,882
Target Market
Destination Location

Chicago-Naperville-Elgin, IL-IN

COL 125.8
Gross Parity Income $128,900
Federal Income Tax -$19,670
FICA (SS & Medicare) -$9,861
State Income Tax -$6,236
Local / City Tax $0
Net Annual Take-Home $93,133
HUD 1BR Fair Market Rent -$21,360
Discretionary Cash Flow $71,773

EPI family budgets put living costs 28.9% higher in Chicago-Naperville-Elgin, IL-IN than in Iowa City, IA, so $100,000 in Iowa City goes about as far as $128,900 in Chicago. HUD's one-bedroom Fair Market Rent is $1,002 a month in Iowa City and $1,780 in Chicago, $9,336 a year more. On the same $100,000 salary a single filer pays $1,531 more a year in federal, state and local income tax and FICA in Chicago. Taxes and one-bedroom rent together leave you about $10,867 a year worse off. The BLS median wage across all occupations is $50,060 in Iowa City and $54,720 in Chicago.

Itemized Cost of Living Expenditure Arbitrage

Category-by-category breakdown of monthly baseline consumption between origin and destination.

Expenditure Category Iowa City (Monthly) Chicago-Naperville-Elgin (Monthly) Monthly Delta ($) Difference (%)
Housing (1BR Fair Market Rent)$1,002$1,780+$778+77.6%
Food & Groceries$371$385+$14+3.8%
Transportation$1,063$947-$116-10.9%
Healthcare$397$416+$19+4.8%
Other Necessities$369$572+$203+55.0%
Total Taxes (Federal, State, Local, FICA)$2,008$2,135+$127+6.3%

HUD Fair Market Rent Differential

1-Bedroom Fair Market Rent +$778/mo (77.6%)
Iowa City: $1,002/mo Chicago-Naperville-Elgin: $1,780/mo
2-Bedroom Fair Market Rent +$831/mo (70.4%)
Iowa City: $1,180/mo Chicago-Naperville-Elgin: $2,011/mo

EPI Living Wage Benchmark Comparison

1 Adult (No Children) +$6.24/hr (28.9%)
Iowa City: $21.58/hr Chicago-Naperville-Elgin: $27.82/hr
2 Adults + 1 Child (per earner) +$4.65/hr (23.7%)
Iowa City: $19.61/hr Chicago-Naperville-Elgin: $24.26/hr

Top Local Occupations Wage Parity

BLS median wage comparisons across benchmark roles between both metropolitan labor markets.

Occupation Title Industry Sector Iowa City Median Chicago-Naperville-Elgin Median Nominal Wage Delta Action
General and Operations ManagersFinance & ManagementFinance & Management$81,120$109,390+$28,270 (+34.8%)View Dossier
Registered Nurse (RN)HealthcareHealthcare$85,940$100,490+$14,550 (+16.9%)View Dossier
Accountant & AuditorFinanceFinance$75,100$82,360+$7,260 (+9.7%)View Dossier
Financial ManagerFinanceFinance$132,220$168,810+$36,590 (+27.7%)View Dossier
Software EngineerTechnologyTechnology$107,680$134,380+$26,700 (+24.8%)View Dossier
Management AnalystBusiness OperationsBusiness Operations$84,100$105,090+$20,990 (+25.0%)View Dossier
Sales ManagersFinance & ManagementFinance & Management$126,520$158,690+$32,170 (+25.4%)View Dossier
Computer and Information Systems ManagersFinance & ManagementFinance & Management$134,210$173,760+$39,550 (+29.5%)View Dossier
Quality Control InspectorIndustrial ManufacturingIndustrial Manufacturing$49,270$48,230-$1,040 (-2.1%)View Dossier
Project Management SpecialistBusiness OperationsBusiness Operations$96,820$105,320+$8,500 (+8.8%)View Dossier
ElectricianSkilled TradesSkilled Trades$59,510$102,350+$42,840 (+72.0%)View Dossier
Marketing ManagersFinance & ManagementFinance & Management$118,850$165,340+$46,490 (+39.1%)View Dossier

Major US Inter-Metro Relocation Corridors

Empirical cost differentials and statutory tax savings across high-volume migration routes.

New York-Newark-Jersey City → Austin-Round Rock-San Marcos

On $100k: $8,301 less tax and $14,388 less 1BR rent a year

-30.6% COL+$22,689/yr
San Francisco-Oakland-Fremont → Austin-Round Rock-San Marcos

On $100k: $6,211 less tax and $17,676 less 1BR rent a year

-30.4% COL+$23,887/yr
Chicago-Naperville-Elgin → Dallas-Fort Worth-Arlington

On $100k: $4,805 less tax and $2,928 less 1BR rent a year

-2.2% COL+$7,733/yr
San Francisco-Oakland-Fremont → Columbus

On $100k: $1,729 less tax and $19,884 less 1BR rent a year

-41.0% COL+$21,613/yr
Los Angeles-Long Beach-Anaheim → Phoenix-Mesa-Chandler

On $100k: $4,113 less tax and $10,908 less 1BR rent a year

-13.5% COL+$15,021/yr
Seattle-Tacoma-Bellevue → Denver-Aurora-Centennial

On $100k: $3,761 more tax and $4,188 less 1BR rent a year

-13.6% COL+$427/yr
Boston-Cambridge-Newton → Raleigh-Cary

On $100k: $1,299 less tax and $11,592 less 1BR rent a year

-16.2% COL+$12,891/yr
New York-Newark-Jersey City → Miami-Fort Lauderdale-West Palm Beach

On $100k: $8,301 less tax and $7,296 less 1BR rent a year

-27.3% COL+$15,597/yr

Iowa City, IA to Chicago-Naperville-Elgin, IL-IN Relocation FAQs

About $128,900. That scales $100,000 by the ratio of the metros' cost-of-living indexes (97.6 in Iowa City, IA, 125.8 in Chicago-Naperville-Elgin, IL-IN, from EPI family budgets); taxes are compared separately below.

Triangular Relocation & Tax Silo

Iowa City, IA to Chicago-Naperville-Elgin, IL-IN: State Paychecks, Rents & Reciprocal Corridor

Reverse Route: Chicago-Naperville-Elgin, IL-IN to Iowa City, IA
Relocation: Iowa City, IA to Chicago-Naperville-Elgin, IL-IN Overview

Iowa City, IA to Chicago-Naperville-Elgin, IL-IN: 2026 federal, state & local income tax, HUD Fair Market Rents & EPI living costs compared on the same salary.

Quick answers
How much salary do I need in Chicago-Naperville-Elgin, IL-IN to match $100,000 in Iowa City, IA?

About $128,900. That scales $100,000 by the ratio of the metros' cost-of-living indexes (97.6 in Iowa City, IA, 125.8 in Chicago-Naperville-Elgin, IL-IN, from EPI family budgets); taxes are compared separately below.

Is Chicago-Naperville-Elgin, IL-IN cheaper than Iowa City, IA?

EPI's family budgets for a single adult put overall living costs 28.9% higher in Chicago-Naperville-Elgin, IL-IN than in Iowa City, IA. The budgets cover housing, food, transportation, health care and other necessities.