Colorado
Moderate tax burden · COL index 110
Wins 8 categories
Illinois
High tax burden · COL index 92
Wins 4 categories
Cost of living in Colorado (index 110) runs 20% higher than Illinois (index 92). Property taxes are meaningfully different: Illinois averages 1.73% annually vs Colorado's 0.48%. The median home in Colorado costs $545K vs $275K in Illinois.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
8
Colorado
4
Illinois
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Is it cheaper to live in Illinois or Colorado?
Is it more expensive to live in Denver or Chicago? Overall cost of living in Chicago, IL is 6.9% higher than in Denver, CO. The average listing price for a home in Chicago, IL is $621,136, which is 6.1% higher than Denver, CO. The average cost of groceries in Chicago, IL is 1.6% higher than Denver, CO.
Are people moving to or leaving Colorado?
Is it colder in Colorado or Illinois?
Why is Illinois so heavily taxed?
The primary reason property tax rates are so high is because school districts rely on local property taxes. “That is because our state funding for pre-K through 12 education has historically been one of the worst in the nation,” Manzo said.