Cost of Living in Chicago, United States

Cost of Living in Chicago, the United States

Last updated on May 09, 2023

Summary: The cost of living in Chicago, United States is generally considered to be high. A nice 1 bedroom apartment in the city can cost anywhere from $1,500 to $2,500 per month, while a nice 2 bedroom apartment can cost anywhere from $2,000 to $3,500 per month. The cost of dinner at a moderately priced restaurant in Chicago can range from $15 to $30 per person.

Is the cost of living in Chicago high?

We asked people how much they someone comfortably live on in Chicago, they wrote:

"The cost of living in Chicago is generally higher than the national average. Housing costs are particularly high, with the median rent for a one-bedroom apartment in the city center being around $1,800 per month. Groceries, transportation, and utilities are also more expensive than the national average. However, the city offers a variety of entertainment and cultural activities that can be enjoyed at a relatively low cost," explained one expat.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.