A solid choice — #13 of 31 Cotton ranks #13 of 31 fabrics for chafe resistance. It is a good fabric for this. Ranked with a smooth-fibre bonus plus low weight and breathability. The top pick is Silk.
Cotton measures 75/100 for breathability, 8% moisture regain, 35/100 warmth, at 160 gsm. Chafe resistance rewards a smooth, light surface: Cotton has more surface texture at 160 gsm.