Cost of Living: Chicago, IL vs New York, NY
Analyzing index metrics between Chicago and New York relative to the US average baseline (100). New York is estimated to be 80% more expensive overall than Chicago. Rental housing in New York runs about 92% higher than in Chicago.
Side-by-Side Index Breakdown
| Index Category | Chicago, IL | New York, NY | Difference for New York |
|---|---|---|---|
| Overall Cost of Living | 120 | 200 | +67% |
| Rent Index | 130 | 250 | +92% |
| Home Price Index | 135 | 245 | +81% |
| Utilities | 105 | 125 | +19% |
| Groceries | 110 | 150 | +36% |
| Transportation | 118 | 160 | +36% |
| Healthcare | 112 | 130 | +16% |
Chicago, IL
Read a complete breakdown of rent distributions, home pricing indexes, utility rates, and local services in Chicago.
New York, NY
Read a complete breakdown of rent distributions, home pricing indexes, utility rates, and local services in New York.
Planning a move between these cities?
Cost of living indexes provide a directional guide, but real rent rates, local tax regulations, and commute patterns fluctuate by neighborhood.
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Cost of Living Comparison: Chicago, IL vs New York, NY
This side-by-side cost-of-living comparison analyzes the financial differences between Chicago, IL (overall index 120) and New York, NY (overall index 200). New York, NY is estimated to be 80% more expensive overall than Chicago, IL. Use this data to plan your monthly budget and compare housing, transit, utility, and grocery expenses.