Cost of Living Comparison Between Chicago, IL and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 16.9% lower than in Chicago, IL (without rent)
Cost of Living Including Rent in Toronto is 17.7% lower than in Chicago, IL
Rent Prices in Toronto are 19.0% lower than in Chicago, IL
Restaurant Prices in Toronto are 19.4% lower than in Chicago, IL
Groceries Prices in Toronto are 20.3% lower than in Chicago, IL
Local Purchasing Power in Toronto is 15.0% lower than in Chicago, IL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Chicago, IL Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(34.06 C$)
18.35 $
(25.00 C$)
     -26.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(136.26 C$)
88.07 $
(120.00 C$)
     -11.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(16.35 C$)
11.01 $
(15.00 C$)
     -8.3 %
Domestic Beer (1 pint draught) 8.00 $
(10.90 C$)
5.87 $
(8.00 C$)
     -26.6 %
Imported Beer (12 oz small bottle) 8.00 $
(10.90 C$)
7.34 $
(10.00 C$)
     -8.3 %
Cappuccino (regular) 5.20 $
(7.08 C$)
3.96 $
(5.40 C$)
     -23.7 %
Coke/Pepsi (12 oz small bottle) 2.99 $
(4.08 C$)
2.18 $
(2.96 C$)
     -27.3 %
Water (12 oz small bottle) 2.42 $
(3.29 C$)
1.65 $
(2.24 C$)
     -31.9 %
Markets
Chicago, IL Edit Toronto Edit
Milk (regular), (1 gallon) 4.06 $
(5.53 C$)
11.66 $
(15.89 C$)
     +187.6 %
Loaf of Fresh White Bread (1 lb) 3.81 $
(5.19 C$)
2.53 $
(3.45 C$)
     -33.5 %
Rice (white), (1 lb) 2.85 $
(3.88 C$)
1.54 $
(2.10 C$)
     -45.9 %
Eggs (regular) (12) 4.07 $
(5.55 C$)
3.55 $
(4.84 C$)
     -12.7 %
Local Cheese (1 lb) 7.52 $
(10.24 C$)
5.19 $
(7.07 C$)
     -31.0 %
Chicken Fillets (1 lb) 6.78 $
(9.24 C$)
5.72 $
(7.80 C$)
     -15.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.46 $
(12.90 C$)
6.40 $
(8.72 C$)
     -32.4 %
Apples (1 lb) 2.70 $
(3.67 C$)
1.74 $
(2.36 C$)
     -35.6 %
Banana (1 lb) 0.89 $
(1.22 C$)
0.68 $
(0.93 C$)
     -24.1 %
Oranges (1 lb) 2.10 $
(2.86 C$)
1.76 $
(2.40 C$)
     -16.0 %
Tomato (1 lb) 2.24 $
(3.05 C$)
1.73 $
(2.35 C$)
     -22.8 %
Potato (1 lb) 1.19 $
(1.63 C$)
1.22 $
(1.66 C$)
     +2.1 %
Onion (1 lb) 1.35 $
(1.84 C$)
1.26 $
(1.71 C$)
     -6.8 %
Lettuce (1 head) 2.25 $
(3.06 C$)
2.31 $
(3.15 C$)
     +2.7 %
Water (1.5 liter bottle) 2.62 $
(3.56 C$)
1.77 $
(2.41 C$)
     -32.4 %
Bottle of Wine (Mid-Range) 15.00 $
(20.44 C$)
13.94 $
(19.00 C$)
     -7.0 %
Domestic Beer (0.5 liter bottle) 2.43 $
(3.31 C$)
2.54 $
(3.47 C$)
     +4.7 %
Imported Beer (12 oz small bottle) 4.31 $
(5.87 C$)
2.72 $
(3.70 C$)
     -37.0 %
Cigarettes 20 Pack (Marlboro) 16.00 $
(21.80 C$)
14.68 $
(20.00 C$)
     -8.3 %
Transportation
Chicago, IL Edit Toronto Edit
One-way Ticket (Local Transport) 2.50 $
(3.41 C$)
2.46 $
(3.35 C$)
     -1.7 %
Monthly Pass (Regular Price) 80.00 $
(109.01 C$)
114.49 $
(156.00 C$)
     +43.1 %
Taxi Start (Normal Tariff) 3.25 $
(4.43 C$)
3.67 $
(5.00 C$)
     +12.9 %
Taxi 1 mile (Normal Tariff) 2.25 $
(3.07 C$)
2.07 $
(2.82 C$)
     -8.1 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $
(34.06 C$)
22.75 $
(31.00 C$)
     -9.0 %
Gasoline (1 gallon) 4.22 $
(5.76 C$)
4.49 $
(6.12 C$)
     +6.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $
(50,938.46 C$)
25,209.44 $
(34,350.00 C$)
     -32.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,211.87 $
(37,078.49 C$)
22,599.51 $
(30,793.75 C$)
     -16.9 %
Utilities (Monthly)
Chicago, IL Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.77 $
(219.06 C$)
117.18 $
(159.67 C$)
     -27.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 55.33 $
(75.40 C$)
46.86 $
(63.86 C$)
     -15.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.48 $
(78.32 C$)
53.32 $
(72.65 C$)
     -7.2 %
Sports And Leisure
Chicago, IL Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 76.63 $
(104.42 C$)
51.00 $
(69.49 C$)
     -33.5 %
Tennis Court Rent (1 Hour on Weekend) 13.00 $
(17.71 C$)
20.82 $
(28.37 C$)
     +60.2 %
Cinema, International Release, 1 Seat 15.00 $
(20.44 C$)
13.21 $
(18.00 C$)
     -11.9 %
Childcare
Chicago, IL Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,308.33 $
(3,145.30 C$)
1,134.49 $
(1,545.84 C$)
     -50.9 %
International Primary School, Yearly for 1 Child 45,450.00 $
(61,929.49 C$)
18,320.95 $
(24,963.85 C$)
     -59.7 %
Clothing And Shoes
Chicago, IL Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.46 $
(82.39 C$)
60.83 $
(82.88 C$)
     +0.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $
(73.24 C$)
36.93 $
(50.31 C$)
     -31.3 %
1 Pair of Nike Running Shoes (Mid-Range) 97.19 $
(132.43 C$)
101.49 $
(138.29 C$)
     +4.4 %
1 Pair of Men Leather Business Shoes 130.31 $
(177.56 C$)
121.40 $
(165.42 C$)
     -6.8 %
Rent Per Month
Chicago, IL Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,432.29 $
(3,314.20 C$)
1,852.73 $
(2,524.50 C$)
     -23.8 %
Apartment (1 bedroom) Outside of Centre 1,517.89 $
(2,068.25 C$)
1,588.35 $
(2,164.27 C$)
     +4.6 %
Apartment (3 bedrooms) in City Centre 4,604.17 $
(6,273.57 C$)
3,255.95 $
(4,436.51 C$)
     -29.3 %
Apartment (3 bedrooms) Outside of Centre 2,991.30 $
(4,075.91 C$)
2,658.00 $
(3,621.75 C$)
     -11.1 %
Buy Apartment Price
Chicago, IL Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 330.00 $
(449.65 C$)
956.34 $
(1,303.09 C$)
     +189.8 %
Price per Square Feet to Buy Apartment Outside of Centre 258.01 $
(351.56 C$)
748.51 $
(1,019.91 C$)
     +190.1 %
Salaries And Financing
Chicago, IL Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,988.20 $
(6,796.85 C$)
3,488.15 $
(4,752.90 C$)
     -30.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.52      -1.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:228792