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City Comparison

Chicago is 20% cheaper

The Verdict

Living in Chicago is 20% cheaper than Toronto.
If you move from Chicago to Toronto, you will pay more for housing and less for daily groceries. To maintain the same standard of life as a $75,000 salary in Chicago, you would need to earn about $97,059 in Toronto.

Chicago Wins
2

of 6 categories

Tied
2

categories

Toronto Wins
2

of 6 categories

Category Breakdown

Compare costs across 6 key categories

Overall Cost
68
Chicago
vs
88
Toronto
Chicago is 20 pts cheaper
Rent
55
Chicago
vs
105
Toronto
Chicago is 50 pts cheaper
Groceries
85
Chicago
vs
85
Toronto
Same cost
Restaurants
80
Chicago
vs
80
Toronto
Same cost
Transport
90
Chicago
vs
82
Toronto
Toronto is 8 pts cheaper
Utilities
95
Chicago
vs
88
Toronto
Toronto is 7 pts cheaper

City Profiles

What makes each city unique

ChicagoUnited States
Chicago offers big city amenities with significantly lower costs than coastal cities.

Why people love Chicago:

Affordable big cityGreat food sceneStrong job marketExcellent transit
Population
2,746,388
Avg. Salary
$4,200/mo
TorontoCanada
Toronto is Canada's largest city with diverse economy and multicultural population.

Why people love Toronto:

Multicultural hubFinancial centerTech growthDiverse economy
Population
2,731,571
Avg. Salary
$2,655/mo

Real Monthly Costs

Estimated costs based on NYC baseline prices

ExpenseChicagoTorontoSavings
1-bed apartment (city center)$1,925$3,675+$1,750
Monthly groceries$383$383
Dining out (10 meals)$280$280
Public transport pass$117$107$-10
Utilities (electric, heating, water)$190$176$-14
Total Monthly$2,895$4,620+$1,725

* Estimates based on NYC = 100 index. Actual costs vary by lifestyle and location within city.

Who Should Choose Which City?

Recommendations based on your priorities

Choose Chicago if you...
  • Want lower overall living costs (20% cheaper)
  • Are looking for more affordable housing
  • Prioritize safety (score: 62/100)
  • Want higher earning potential ($4,200/mo avg)
  • Have children (lower childcare costs)
Choose Toronto if you...
  • Work in tech or startups

Quality of Life & Safety

Beyond just costs - what matters for daily life

Chicago
72

Quality of Life Score

Chicago
62

Safety Score

Salary Equivalence

How much you'd need in Toronto to match a Chicago salary

Salary in ChicagoEquivalent in TorontoDifference
$50,000$64,706$14,706 more
$75,000$97,059$22,059 more
$100,000$129,412$29,412 more
$125,000$161,765$36,765 more
$150,000$194,118$44,118 more
$200,000$258,824$58,824 more

Chicago vs Toronto: Summary

The overall cost of living differs by 20%. Chicago is the more affordable option.

Rent: Chicago has a rent index of 55, while Toronto has 105.

Average Salaries: Chicago: $4,200/month vs Toronto: $2,655/month (both in USD).

Out of 6 categories, Chicago wins 2, while Toronto wins 2.

Compare more cities or calculate your US take-home pay.