Chicago VS Perth

Cost of Living & Salary Comparison 2026

Chicago
United States
73.2
COLI Index
#20
Global Rank
USD
Currency
Perth
Australia
63.5
COLI Index
#35
Global Rank
AUD
Currency

Key Differences

Cost of Living
73.2
63.5
1BR Rent (USD/mo)
$2,000
$1,500
Total Deductions
25.6%
16.4%
Exchange Rate
1 USD = 1.4209 AUD
Is Chicago cheaper than Perth?

Yes, Perth is 13% cheaper than Chicago based on our cost of living index. Perth has a COLI of 63.5, while Chicago has a COLI of 73.2. 13% cheaper

Key Takeaways: Chicago vs Perth

Overall, Perth is approximately 13% cheaper than Chicago based on our cost of living index. Chicago has a COLI of 73.2 (ranked #20 of 182 cities), while Perth has a COLI of 63.5 (ranked #35).

When it comes to housing, one-bedroom apartment rent in Chicago averages $2,000/month compared to $1,500/month in Perth. That makes Perth approximately 25% cheaper for rent alone.

Perth has lower total deductions (16.4%) compared to Chicago (25.6%), meaning you keep more of your gross salary in Perth. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Chicago

Income Tax
13%
Social Security + Medicare (FICA)
7.7%
State Income Tax (IL)
4.95%
Total: 25.6%Take-Home: $40,852/yr

Perth

Income Tax
16%
Total: 16.4%Take-Home: A$56,582/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn $75,000 in Chicago, you would need approximately A$92,448 in Perth to maintain the same purchasing power. That is 13% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Chicago (USD) Perth (AUD)
Doctor (General) $131,760 A$162,413
Software Engineer $62,220 A$76,695
Product Manager $73,200 A$90,229
Lawyer $73,200 A$90,229
Data Scientist $69,540 A$85,718
Marketing Manager $52,704 A$64,965
Teacher $35,136 A$43,310
Nurse $42,456 A$52,333

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Chicago (Top 5)

NeighborhoodMultiplier
Gold Coast1.25x (+25%)
River North1.22x (+22%)
The Loop1.20x (+20%)
West Loop1.18x (+18%)
Lincoln Park1.15x (+15%)

Perth (Top 5)

NeighborhoodMultiplier
Dalkeith1.25x (+25%)
Cottesloe1.22x (+22%)
CBD1.18x (+18%)
Subiaco1.15x (+15%)
Applecross1.15x (+15%)

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Frequently Asked Questions

Is Chicago or Perth more expensive?

Chicago is more expensive overall. Chicago has a COLI of 73.2 while Perth has a COLI of 63.5, making Perth approximately 13% cheaper.

What salary in Perth equals $75,000 in Chicago?

To maintain the same standard of living as $75,000 in Chicago, you would need approximately A$92,448 in Perth.

Is rent cheaper in Chicago or Perth?

Average one-bedroom rent in Chicago is $2,000/month compared to $1,500/month in Perth. Perth has lower rent by approximately 25%.

Which city has lower taxes, Chicago or Perth?

Perth has lower total deductions (16.4%) compared to Chicago (25.6%), meaning you keep more of your gross salary in Perth.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.