Chicago vs New York: Cost of Living Compared
A side-by-side comparison of rent, daily expenses, and quality-of-life factors in Chicago (U.S.A.) and New York (U.S.A.). Data sourced from official government statistics, updated 2026.
Bottom line: Chicago is about 38% cheaper than New York on a typical 1-bedroom — averaging $2,050 versus $3,300 per month. Full side-by-side breakdown below.
| Category | Chicago | New York |
|---|---|---|
| Country | U.S.A. | U.S.A. |
| Currency | USD ($) | USD ($) |
| 1BR Rent Range | $1,600 - $2,500Cheaper | $2,100 - $4,500 |
| 2BR Rent Range | $1,900 - $3,200Cheaper | $2,600 - $5,700 |
| Groceries / mo | $525Cheaper | $650 |
| Transport Pass / mo | $105Cheaper | $132 |
| Dining Out / mo | $315Cheaper | $390 |
| English Level | 5/5 (Excellent) | 5/5 (Excellent) |
| Neighborhoods Tracked | 9 | 10 |
| Healthcare System | Private (employer-based) | Private (employer-based) |
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Overall, Chicago tends to be more affordable when comparing rent, groceries, transport, and dining costs. However, the two cities use the same currency, so exchange rates and local salary levels also play a significant role. Use our calculator to see what your specific salary means in each city.
Explore Chicago
9 neighborhoods, rent data, and full cost breakdown in U.S.A.
View Chicago detailsExplore New York
10 neighborhoods, rent data, and full cost breakdown in U.S.A.
View New York detailsCalculate your salary in both cities
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Frequently Asked Questions
Is Chicago or New York cheaper to live in?
On a typical 1-bedroom, Chicago is about 38% cheaper than New York — averaging $2,050 versus $3,300 per month. Overall, Chicago is generally cheaper to live in across rent, groceries, transport, and dining, though costs vary by neighborhood and lifestyle.
What is rent like in Chicago vs New York?
In Chicago, 1-bedroom rents range from $1,600 to $2,500 per month across 9 neighborhoods. In New York, 1-bedroom rents range from $2,100 to $4,500 per month across 10 neighborhoods.
How do transport costs compare in Chicago vs New York?
A monthly public transport pass costs $105 in Chicago and $132 in New York. Both cities have well-developed public transit systems.
Which city is better for expats, Chicago or New York?
Chicago has an English proficiency rating of 5/5 (Excellent) and New York rates 5/5 (Excellent). Chicago uses Private (employer-based) healthcare, while New York uses Private (employer-based). Both factors are important for expats considering a move.