New York City vs Chicago: Cost of Living

Last updated 2026-06-12 · MovePlan Editorial Team

Chicago is about 43% cheaper overall. Here is how New York City and Chicago compare on rent, groceries, utilities, transportation, and healthcare.

• New York City cost-of-living index: 187 vs 100
• Chicago cost-of-living index: 107 vs 100
• New York City median 2BR rent: $4,700/mo
• Chicago median 2BR rent: $2,200/mo

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