Cost of Living Comparison Between Chicago, IL and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 16.2% lower than in Chicago, IL (without rent)
Consumer Prices Including Rent in Toronto are 17.2% lower than in Chicago, IL
Rent Prices in Toronto are 18.7% lower than in Chicago, IL
Restaurant Prices in Toronto are 15.6% lower than in Chicago, IL
Groceries Prices in Toronto are 21.0% lower than in Chicago, IL
Local Purchasing Power in Toronto is 24.8% lower than in Chicago, IL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Chicago, IL Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 24.00 $
(33.11 C$)
18.12 $
(25.00 C$)
     -24.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 $
(124.16 C$)
86.98 $
(120.00 C$)
     -3.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.17 $
(15.41 C$)
10.87 $
(15.00 C$)
     -2.6 %
Domestic Beer (1 pint draught) 8.00 $
(11.04 C$)
6.16 $
(8.50 C$)
     -23.0 %
Imported Beer (12 oz small bottle) 8.50 $
(11.73 C$)
7.25 $
(10.00 C$)
     -14.7 %
Cappuccino (regular) 5.14 $
(7.09 C$)
3.96 $
(5.47 C$)
     -22.9 %
Coke/Pepsi (12 oz small bottle) 2.95 $
(4.07 C$)
2.07 $
(2.86 C$)
     -29.9 %
Water (12 oz small bottle) 2.31 $
(3.19 C$)
1.61 $
(2.22 C$)
     -30.4 %
Markets
Chicago, IL Edit Toronto Edit
Milk (regular), (1 gallon) 4.18 $
(5.76 C$)
11.52 $
(15.89 C$)
     +175.8 %
Loaf of Fresh White Bread (1 lb) 3.75 $
(5.18 C$)
2.48 $
(3.42 C$)
     -33.9 %
Rice (white), (1 lb) 2.72 $
(3.75 C$)
1.57 $
(2.17 C$)
     -42.1 %
Eggs (regular) (12) 3.92 $
(5.40 C$)
3.53 $
(4.87 C$)
     -9.9 %
Local Cheese (1 lb) 7.52 $
(10.37 C$)
4.90 $
(6.76 C$)
     -34.8 %
Chicken Fillets (1 lb) 6.55 $
(9.04 C$)
5.58 $
(7.69 C$)
     -14.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.28 $
(12.80 C$)
6.16 $
(8.50 C$)
     -33.6 %
Apples (1 lb) 2.74 $
(3.78 C$)
1.78 $
(2.45 C$)
     -35.2 %
Banana (1 lb) 0.89 $
(1.22 C$)
0.65 $
(0.90 C$)
     -26.4 %
Oranges (1 lb) 2.27 $
(3.13 C$)
1.78 $
(2.46 C$)
     -21.4 %
Tomato (1 lb) 2.18 $
(3.01 C$)
1.67 $
(2.31 C$)
     -23.2 %
Potato (1 lb) 1.23 $
(1.69 C$)
1.22 $
(1.69 C$)
     -0.2 %
Onion (1 lb) 1.26 $
(1.74 C$)
1.23 $
(1.70 C$)
     -1.8 %
Lettuce (1 head) 2.23 $
(3.07 C$)
2.27 $
(3.13 C$)
     +2.1 %
Water (1.5 liter bottle) 2.46 $
(3.39 C$)
1.77 $
(2.45 C$)
     -27.9 %
Bottle of Wine (Mid-Range) 14.00 $
(19.31 C$)
13.77 $
(19.00 C$)
     -1.6 %
Domestic Beer (0.5 liter bottle) 2.39 $
(3.30 C$)
2.44 $
(3.37 C$)
     +2.1 %
Imported Beer (12 oz small bottle) 4.28 $
(5.90 C$)
2.81 $
(3.88 C$)
     -34.3 %
Cigarettes 20 Pack (Marlboro) 16.50 $
(22.76 C$)
14.50 $
(20.00 C$)
     -12.1 %
Transportation
Chicago, IL Edit Toronto Edit
One-way Ticket (Local Transport) 2.50 $
(3.45 C$)
2.43 $
(3.35 C$)
     -2.9 %
Monthly Pass (Regular Price) 80.00 $
(110.37 C$)
113.08 $
(156.00 C$)
     +41.3 %
Taxi Start (Normal Tariff) 3.25 $
(4.48 C$)
3.62 $
(5.00 C$)
     +11.5 %
Taxi 1 mile (Normal Tariff) 2.25 $
(3.10 C$)
2.04 $
(2.82 C$)
     -9.3 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $
(34.49 C$)
22.47 $
(31.00 C$)
     -10.1 %
Gasoline (1 gallon) 4.23 $
(5.83 C$)
4.42 $
(6.10 C$)
     +4.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $
(51,574.24 C$)
24,898.67 $
(34,350.00 C$)
     -33.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,211.87 $
(37,541.28 C$)
21,898.22 $
(30,210.61 C$)
     -19.5 %
Utilities (Monthly)
Chicago, IL Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.02 $
(220.76 C$)
132.44 $
(182.71 C$)
     -17.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 55.24 $
(76.21 C$)
48.50 $
(66.90 C$)
     -12.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 59.57 $
(82.19 C$)
53.75 $
(74.16 C$)
     -9.8 %
Sports And Leisure
Chicago, IL Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 79.76 $
(110.04 C$)
51.99 $
(71.73 C$)
     -34.8 %
Tennis Court Rent (1 Hour on Weekend) 10.00 $
(13.80 C$)
20.21 $
(27.88 C$)
     +102.1 %
Cinema, International Release, 1 Seat 15.00 $
(20.69 C$)
13.05 $
(18.00 C$)
     -13.0 %
Childcare
Chicago, IL Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,170.00 $
(2,993.71 C$)
1,106.79 $
(1,526.92 C$)
     -49.0 %
International Primary School, Yearly for 1 Child 45,450.00 $
(62,702.46 C$)
18,153.31 $
(25,044.17 C$)
     -60.1 %
Clothing And Shoes
Chicago, IL Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.53 $
(83.51 C$)
58.58 $
(80.82 C$)
     -3.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $
(74.15 C$)
36.69 $
(50.62 C$)
     -31.7 %
1 Pair of Nike Running Shoes (Mid-Range) 96.28 $
(132.83 C$)
95.88 $
(132.27 C$)
     -0.4 %
1 Pair of Men Leather Business Shoes 126.60 $
(174.66 C$)
116.94 $
(161.33 C$)
     -7.6 %
Rent Per Month
Chicago, IL Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,349.04 $
(3,240.71 C$)
1,820.89 $
(2,512.09 C$)
     -22.5 %
Apartment (1 bedroom) Outside of Centre 1,532.12 $
(2,113.70 C$)
1,620.48 $
(2,235.61 C$)
     +5.8 %
Apartment (3 bedrooms) in City Centre 4,500.00 $
(6,208.16 C$)
3,207.47 $
(4,425.00 C$)
     -28.7 %
Apartment (3 bedrooms) Outside of Centre 3,014.29 $
(4,158.48 C$)
2,620.22 $
(3,614.83 C$)
     -13.1 %
Buy Apartment Price
Chicago, IL Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 318.33 $
(439.17 C$)
926.59 $
(1,278.31 C$)
     +191.1 %
Price per Square Feet to Buy Apartment Outside of Centre 260.01 $
(358.70 C$)
740.04 $
(1,020.96 C$)
     +184.6 %
Salaries And Financing
Chicago, IL Edit Toronto Edit
Average Monthly Net Salary (After Tax) 5,507.46 $
(7,598.04 C$)
3,431.93 $
(4,734.66 C$)
     -37.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.55      -1.4 %
Last update: April 2024April 2024
Contributors in the past 12 months:226767