Cost of Living Comparison Between Chicago, IL and Minneapolis, MN 

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 6.5% lower than in Chicago, IL (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 17.4% lower than in Chicago, IL
Rent Prices in Minneapolis, MN are 33.9% lower than in Chicago, IL
Restaurant Prices in Minneapolis, MN are 3.4% lower than in Chicago, IL
Groceries Prices in Minneapolis, MN are 12.6% lower than in Chicago, IL
Local Purchasing Power in Minneapolis, MN is 6.6% higher than in Chicago, IL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Chicago, IL Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 20.00 $      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 87.50 $ 80.00 $      -8.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $ 10.00 $      -9.1 %
Domestic Beer (1 pint draught) 7.50 $ 7.00 $      -6.7 %
Imported Beer (12 oz small bottle) 8.00 $ 7.25 $      -9.4 %
Cappuccino (regular) 5.12 $ 5.78 $      +13.0 %
Coke/Pepsi (12 oz small bottle) 2.93 $ 2.94 $      +0.1 %
Water (12 oz small bottle) 2.34 $ 2.12 $      -9.6 %
Markets
Chicago, IL Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 4.26 $ 3.64 $      -14.6 %
Loaf of Fresh White Bread (1 lb) 3.73 $ 3.64 $      -2.5 %
Rice (white), (1 lb) 2.58 $ 2.12 $      -17.7 %
Eggs (regular) (12) 3.99 $ 3.62 $      -9.1 %
Local Cheese (1 lb) 7.54 $ 5.02 $      -33.4 %
Chicken Fillets (1 lb) 6.51 $ 5.66 $      -13.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.14 $ 7.52 $      -17.7 %
Apples (1 lb) 2.72 $ 2.75 $      +1.1 %
Banana (1 lb) 0.88 $ 0.92 $      +5.4 %
Oranges (1 lb) 2.27 $ 2.05 $      -9.8 %
Tomato (1 lb) 2.13 $ 2.60 $      +22.3 %
Potato (1 lb) 1.22 $ 1.31 $      +7.7 %
Onion (1 lb) 1.26 $ 1.50 $      +18.9 %
Lettuce (1 head) 2.24 $ 2.28 $      +1.8 %
Water (1.5 liter bottle) 2.29 $ 1.75 $      -23.4 %
Bottle of Wine (Mid-Range) 14.50 $ 14.00 $      -3.4 %
Domestic Beer (0.5 liter bottle) 2.20 $ 2.13 $      -3.2 %
Imported Beer (12 oz small bottle) 4.16 $ 3.91 $      -5.8 %
Cigarettes 20 Pack (Marlboro) 15.50 $ 9.75 $      -37.1 %
Transportation
Chicago, IL Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.50 $ 2.50 $      0.0 %
Monthly Pass (Regular Price) 85.00 $ 90.00 $      +5.9 %
Taxi Start (Normal Tariff) 3.25 $ 5.00 $      +53.8 %
Taxi 1 mile (Normal Tariff) 2.25 $ 2.50 $      +11.1 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $ 50.00 $      +100.0 %
Gasoline (1 gallon) 4.21 $ 3.52 $      -16.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $ 32,946.00 $      -11.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,580.52 $ 25,926.47 $      -6.0 %
Utilities (Monthly)
Chicago, IL Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 153.58 $ 170.57 $      +11.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 57.95 $ 49.50 $      -14.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 59.17 $ 65.25 $      +10.3 %
Sports And Leisure
Chicago, IL Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 79.75 $ 42.50 $      -46.7 %
Tennis Court Rent (1 Hour on Weekend) 0.00 $ 36.00 $     
Cinema, International Release, 1 Seat 15.00 $ 14.00 $      -6.7 %
Childcare
Chicago, IL Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,170.00 $ 1,650.00 $      -24.0 %
International Primary School, Yearly for 1 Child 45,450.00 $ 24,406.67 $      -46.3 %
Clothing And Shoes
Chicago, IL Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.59 $ 65.90 $      +7.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $ 51.50 $      -4.2 %
1 Pair of Nike Running Shoes (Mid-Range) 97.17 $ 89.75 $      -7.6 %
1 Pair of Men Leather Business Shoes 124.94 $ 130.62 $      +4.6 %
Rent Per Month
Chicago, IL Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,343.00 $ 1,660.88 $      -29.1 %
Apartment (1 bedroom) Outside of Centre 1,536.12 $ 1,192.69 $      -22.4 %
Apartment (3 bedrooms) in City Centre 4,523.81 $ 2,727.92 $      -39.7 %
Apartment (3 bedrooms) Outside of Centre 3,015.00 $ 1,963.33 $      -34.9 %
Buy Apartment Price
Chicago, IL Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 318.33 $ 304.09 $      -4.5 %
Price per Square Feet to Buy Apartment Outside of Centre 260.01 $ 233.75 $      -10.1 %
Salaries And Financing
Chicago, IL Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 5,479.05 $ 4,821.62 $      -12.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 6.55      -1.3 %
Last update: March 2024March 2024
Contributors in the past 12 months:223103