Is Denver, CO cheaper than Skokie, IL?

Based on cost of living data, Denver, CO is 10.8% more expensive than Skokie, IL. This translates to spending an extra $807 per month.

What salary do I need in Denver, CO to live like I do in Skokie, IL?

If you earn $150,000 in Skokie, IL, you'd need approximately $159,687.834 in Denver, CO to maintain the same standard of living.

How does housing cost compare between Skokie, IL and Denver, CO?

Housing in Denver, CO is 28.1% more expensive than in Skokie, IL. For a two-bedroom apartment, rent is $2,190/month in Denver, CO compared to $1,464/month in Skokie, IL.

How much can I save per month by moving from Skokie, IL to Denver, CO?

Living in Denver, CO costs approximately $807 more per month than Skokie, IL, or $9688 more per year, based on a $150,000 salary.

Skokie, IL vs Denver, CO: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Skokie, IL — ZIP-level rent data · COL adjusted from Chicago, IL area

Current salary in Skokie, IL

Numbers update automatically as you type

You'd spend $807/month more in Denver, CO

$150.0K in your current city equals $159.7K in Denver, CO

Rent data from HUD ZIP-level estimates · COL index from Chicago-Naperville-Elgin, IL-IN-WI area

Overall Cost

↑ 10.8%

More expensive

Monthly Impact

$807

Extra cost

Annual Impact

$9.7K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Skokie, IL

Population:65K

Cost Index:100

Median Home:$386K

Denver, CO

Population:716K

Cost Index:111

Median Home:$513K

Skokie, IL

The Prairie State

65K

Population

State Tax

Yes

Located in Illinois, this city has a population of 65K residents.

Denver, CO

The Centennial State

716K

Population

State Tax

Yes

Climate

Semi-arid

Notable Facts

•Mile-high city (5,280 ft)
•Outdoor recreation hub
•Major cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Cost Breakdown by Category

Annual spending: Skokie, IL vs Denver, CO

Category	Skokie, IL	Denver, CO	Difference	Change
🏠Housing	$2,535/mo	$3,248/mo	↑ $713more	28.1%
📦Other	$1,615/mo	$1,774/mo	↑ $160more	9.9%
🚗Transportation	$1,544/mo	$1,462/mo	↓ $81.94less	5.3%
🏥Healthcare	$570/mo	$632/mo	↑ $61.87more	10.9%
🛒Groceries	$986/mo	$1,029/mo	↑ $42.73more	4.3%
⚡All Utilities	$498/mo	$519/mo	↑ $21.55more	4.3%

🏠Housing

↑ 28.1%

Skokie, IL

$2,535

Denver, CO

$3,248

Difference

$713

📦Other

↑ 9.9%

Skokie, IL

$1,615

Denver, CO

$1,774

Difference

$160

🚗Transportation

↓ 5.3%

Skokie, IL

$1,544

Denver, CO

$1,462

Difference

$81.94

less

🏥Healthcare

↑ 10.9%

Skokie, IL

$570

Denver, CO

$632

Difference

$61.87

🛒Groceries

↑ 4.3%

Skokie, IL

$986

Denver, CO

$1,029

Difference

$42.73

⚡All Utilities

↑ 4.3%

Skokie, IL

$498

Denver, CO

$519

Difference

$21.55

🏛️ Local Income Taxes

Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)

Skokie, IL has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,218

To$1,720

↑ $502

1 Bed

From$1,300

To$1,840

↑ $540

2 Bed

From$1,464

To$2,190

↑ $726

3 Bed

From$1,886

To$2,870

↑ $984

Skokie, ILZIP-level data

1BR range: $1,600–$1,730/mo

Denver, COZIP-level data

1BR range: $1,620–$2,540/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,748

Monthly in Skokie, IL

$8,665

Monthly in Denver, CO

$917

Difference

Home Values

Skokie

Denver

$386K

Median Value

$513K

↑ +5.7%

YoY Change

↓ -4.2%

↑ +33.6%

5-Year Change

↑ +13%

$347K - $424K

Price Range

$352K - $933K

Homes in Denver are 33% more expensive than Skokie

Calculate payment - Skokie Calculate payment - Denver

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $825

Per year

Monthly Difference

$68.75

More take-home

Effective Rate Diff

0.6%

Rate difference

Skokie, IL

Federal Income Tax

Effective: 18.9%

$25.5K

Illinois State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,797/month

$105.6K

Denver, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Additional Tax Information

Skokie, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Denver, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.