New York vs Chicago

Cost of living comparison for 2026. Chicago is roughly 40% more affordable than New York (index 60 vs 100, New York = 100). Data sourced live via AI — updated regularly.

Chicago
More affordable overall
40% cheaper than New York · Cost index: 60 vs 100

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

100Cost Index60
5,344Median Income /mo4,800
72Safety Index60
37Income Tax %4.95
450Internet (Mbps)150
400Coworking /mo250

Price Breakdown

New YorkCategoryChicago
$5,161/month
1-BR Apartment (Center)
52% ← cheaper
$2,471/month
$5.43/liter
Meal for One
75% ← cheaper
$1.35/liter
$18/meal
Restaurant (Mid-range)
$18/meal
$120/month
Monthly Transit Pass
38% ← cheaper
$75/month
$275/month
Utilities (Monthly)
40% ← cheaper
$166/month
$200/visit
Doctor Visit
40% ← cheaper
$120/visit

Digital Nomad Profile

New York

Internet450 Mbps
Coworking$400/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability89/100

Chicago

Internet150 Mbps
Coworking$250/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability77/100

Frequently Asked Questions

Is New York cheaper than Chicago?

Chicago is cheaper than New York. Chicago has a cost of living index of 60/100 compared to 100/100 for New York (New York = 100), making it roughly 40% more affordable overall.

How much cheaper is Chicago than New York?

Chicago is approximately 40% cheaper than New York based on cost index scores (60 vs 100, where New York = 100). A person spending $3,000/month in New York could live a similar lifestyle for roughly $1,793/month in Chicago.

What is the rent comparison between New York and Chicago?

In New York, a 1-bedroom apartment in the city center costs approximately $5,161/month. In Chicago, the equivalent is around $2,471/month.

Which city is better for digital nomads — New York or Chicago?

Both cities have nomad infrastructure. New York offers 450 Mbps internet and coworking at ~$400/month. Chicago offers 150 Mbps and coworking at ~$250/month. Chicago has a cost advantage of 40%.

What is the average income in New York vs Chicago?

The median net monthly salary in New York is approximately $5,344 USD, compared to $4,800 USD in Chicago.

Compare New York with…

Popular head-to-heads — see exactly where New York wins or loses.

Cities that cost about the same as New York

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Or explore:San Francisco

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