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

Indices DifferenceInfo
Consumer Prices in Chicago, IL are 10.0% higher than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in Chicago, IL are 22.8% higher than in Minneapolis, MN
Rent Prices in Chicago, IL are 50.4% higher than in Minneapolis, MN
Restaurant Prices in Chicago, IL are 16.4% higher than in Minneapolis, MN
Groceries Prices in Chicago, IL are 14.9% higher than in Minneapolis, MN
Local Purchasing Power in Chicago, IL is 3.3% lower than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit Chicago, IL Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 24.50 $      +22.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 95.00 $      +18.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 11.34 $      +13.4 %
Domestic Beer (1 pint draught) 7.00 $ 8.00 $      +14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 9.00 $      +28.6 %
Cappuccino (regular) 5.78 $ 5.17 $      -10.6 %
Coke/Pepsi (12 oz small bottle) 3.00 $ 2.95 $      -1.6 %
Water (12 oz small bottle) 2.23 $ 2.34 $      +4.9 %
Markets
Minneapolis, MN Edit Chicago, IL Edit
Milk (regular), (1 gallon) 3.61 $ 4.24 $      +17.5 %
Loaf of Fresh White Bread (1 lb) 3.64 $ 3.80 $      +4.4 %
Rice (white), (1 lb) 2.27 $ 2.77 $      +21.9 %
Eggs (regular) (12) 3.62 $ 3.87 $      +6.8 %
Local Cheese (1 lb) 5.10 $ 7.52 $      +47.4 %
Chicken Fillets (1 lb) 6.06 $ 6.70 $      +10.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.69 $ 9.61 $      +25.0 %
Apples (1 lb) 2.77 $ 2.80 $      +0.8 %
Banana (1 lb) 0.94 $ 0.89 $      -5.4 %
Oranges (1 lb) 2.12 $ 2.27 $      +7.2 %
Tomato (1 lb) 2.73 $ 2.26 $      -17.1 %
Potato (1 lb) 1.45 $ 1.18 $      -18.4 %
Onion (1 lb) 1.59 $ 1.29 $      -18.6 %
Lettuce (1 head) 2.28 $ 2.32 $      +1.7 %
Water (1.5 liter bottle) 1.75 $ 2.46 $      +40.5 %
Bottle of Wine (Mid-Range) 14.00 $ 14.50 $      +3.6 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.43 $      +14.0 %
Imported Beer (12 oz small bottle) 3.91 $ 4.31 $      +10.2 %
Cigarettes 20 Pack (Marlboro) 9.75 $ 16.50 $      +69.2 %
Transportation
Minneapolis, MN Edit Chicago, IL Edit
One-way Ticket (Local Transport) 2.50 $ 2.50 $      0.0 %
Monthly Pass (Regular Price) 90.00 $ 80.00 $      -11.1 %
Taxi Start (Normal Tariff) 5.00 $ 3.25 $      -35.0 %
Taxi 1 mile (Normal Tariff) 2.50 $ 2.25 $      -10.0 %
Taxi 1hour Waiting (Normal Tariff) 50.00 $ 25.00 $      -50.0 %
Gasoline (1 gallon) 3.51 $ 4.23 $      +20.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 37,383.69 $      +13.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 27,211.87 $      +5.0 %
Utilities (Monthly)
Minneapolis, MN Edit Chicago, IL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.57 $ 160.02 $      -6.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 49.50 $ 55.24 $      +11.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.53 $ 58.82 $      -10.2 %
Sports And Leisure
Minneapolis, MN Edit Chicago, IL Edit
Fitness Club, Monthly Fee for 1 Adult 42.50 $ 79.76 $      +87.7 %
Tennis Court Rent (1 Hour on Weekend) 36.00 $ 6.25 $      -82.6 %
Cinema, International Release, 1 Seat 14.00 $ 15.00 $      +7.1 %
Childcare
Minneapolis, MN Edit Chicago, IL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,650.00 $ 2,170.00 $      +31.5 %
International Primary School, Yearly for 1 Child 24,406.67 $ 45,450.00 $      +86.2 %
Clothing And Shoes
Minneapolis, MN Edit Chicago, IL Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.90 $ 60.53 $      -8.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.50 $ 53.75 $      +4.4 %
1 Pair of Nike Running Shoes (Mid-Range) 97.12 $ 96.28 $      -0.9 %
1 Pair of Men Leather Business Shoes 130.62 $ 126.60 $      -3.1 %
Rent Per Month
Minneapolis, MN Edit Chicago, IL Edit
Apartment (1 bedroom) in City Centre 1,669.06 $ 2,349.04 $      +40.7 %
Apartment (1 bedroom) Outside of Centre 1,214.64 $ 1,528.19 $      +25.8 %
Apartment (3 bedrooms) in City Centre 2,727.92 $ 4,500.00 $      +65.0 %
Apartment (3 bedrooms) Outside of Centre 1,963.33 $ 3,014.29 $      +53.5 %
Buy Apartment Price
Minneapolis, MN Edit Chicago, IL Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 318.33 $      +4.7 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 260.01 $      +11.2 %
Salaries And Financing
Minneapolis, MN Edit Chicago, IL Edit
Average Monthly Net Salary (After Tax) 4,638.48 $ 5,507.46 $      +18.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.64      +1.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:103227