Cost of Living Comparison Between Richmond, VA and Chicago, IL 

Indices DifferenceInfo
Consumer Prices in Chicago, IL are 28.5% higher than in Richmond, VA (without rent)
Consumer Prices Including Rent in Chicago, IL are 36.0% higher than in Richmond, VA
Rent Prices in Chicago, IL are 49.7% higher than in Richmond, VA
Restaurant Prices in Chicago, IL are 26.2% higher than in Richmond, VA
Groceries Prices in Chicago, IL are 39.6% higher than in Richmond, VA
Local Purchasing Power in Chicago, IL is 16.7% lower than in Richmond, VA
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Richmond, VA Edit Chicago, IL Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 25.00 $      +25.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 100.00 $      +25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 $ 11.67 $      +29.6 %
Domestic Beer (1 pint draught) 5.00 $ 8.00 $      +60.0 %
Imported Beer (12 oz small bottle) 7.00 $ 8.00 $      +14.3 %
Cappuccino (regular) 4.08 $ 5.22 $      +27.9 %
Coke/Pepsi (12 oz small bottle) 2.17 $ 2.95 $      +36.4 %
Water (12 oz small bottle) 2.04 $ 2.37 $      +16.0 %
Markets
Richmond, VA Edit Chicago, IL Edit
Milk (regular), (1 gallon) 3.40 $ 4.04 $      +18.8 %
Loaf of Fresh White Bread (1 lb) 2.46 $ 3.84 $      +55.9 %
Rice (white), (1 lb) 1.45 $ 2.85 $      +97.2 %
Eggs (regular) (12) 3.30 $ 4.07 $      +23.5 %
Local Cheese (1 lb) 4.13 $ 7.52 $      +81.9 %
Chicken Fillets (1 lb) 5.42 $ 6.74 $      +24.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.18 $ 9.46 $      +53.0 %
Apples (1 lb) 2.34 $ 2.70 $      +15.3 %
Banana (1 lb) 0.52 $ 0.89 $      +72.9 %
Oranges (1 lb) 1.84 $ 2.10 $      +13.9 %
Tomato (1 lb) 1.99 $ 2.24 $      +12.4 %
Potato (1 lb) 1.23 $ 1.19 $      -2.8 %
Onion (1 lb) 1.30 $ 1.35 $      +3.5 %
Lettuce (1 head) 1.80 $ 2.25 $      +24.6 %
Water (1.5 liter bottle) 2.14 $ 2.55 $      +19.0 %
Bottle of Wine (Mid-Range) 11.87 $ 15.00 $      +26.4 %
Domestic Beer (0.5 liter bottle) 2.28 $ 2.43 $      +6.7 %
Imported Beer (12 oz small bottle) 4.21 $ 4.31 $      +2.4 %
Cigarettes 20 Pack (Marlboro) 7.40 $ 16.50 $      +123.0 %
Transportation
Richmond, VA Edit Chicago, IL Edit
One-way Ticket (Local Transport) 0.88 $ 2.50 $      +185.7 %
Monthly Pass (Regular Price) 30.00 $ 80.00 $      +166.7 %
Taxi Start (Normal Tariff) 2.50 $ 3.25 $      +30.0 %
Taxi 1 mile (Normal Tariff) 2.50 $ 2.25 $      -10.0 %
Taxi 1hour Waiting (Normal Tariff) 22.50 $ 25.00 $      +11.1 %
Gasoline (1 gallon) 3.34 $ 4.23 $      +26.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,351.00 $ 37,383.69 $      +31.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,226.65 $ 27,211.87 $      -12.9 %
Utilities (Monthly)
Richmond, VA Edit Chicago, IL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 156.30 $ 159.33 $      +1.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.50 $ 54.68 $      +6.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.52 $ 57.35 $      -23.0 %
Sports And Leisure
Richmond, VA Edit Chicago, IL Edit
Fitness Club, Monthly Fee for 1 Adult 53.33 $ 78.67 $      +47.5 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $ 6.25 $      -68.8 %
Cinema, International Release, 1 Seat 15.00 $ 15.00 $      0.0 %
Childcare
Richmond, VA Edit Chicago, IL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,216.67 $ 2,170.00 $      +78.4 %
International Primary School, Yearly for 1 Child 30,776.00 $ 45,450.00 $      +47.7 %
Clothing And Shoes
Richmond, VA Edit Chicago, IL Edit
1 Pair of Jeans (Levis 501 Or Similar) 40.12 $ 60.03 $      +49.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.36 $ 53.75 $      +47.8 %
1 Pair of Nike Running Shoes (Mid-Range) 74.99 $ 97.19 $      +29.6 %
1 Pair of Men Leather Business Shoes 96.67 $ 128.06 $      +32.5 %
Rent Per Month
Richmond, VA Edit Chicago, IL Edit
Apartment (1 bedroom) in City Centre 1,578.76 $ 2,351.85 $      +49.0 %
Apartment (1 bedroom) Outside of Centre 1,417.22 $ 1,507.04 $      +6.3 %
Apartment (3 bedrooms) in City Centre 2,457.14 $ 4,608.70 $      +87.6 %
Apartment (3 bedrooms) Outside of Centre 2,171.43 $ 2,950.00 $      +35.9 %
Buy Apartment Price
Richmond, VA Edit Chicago, IL Edit
Price per Square Feet to Buy Apartment in City Centre 320.25 $ 334.28 $      +4.4 %
Price per Square Feet to Buy Apartment Outside of Centre 206.26 $ 260.01 $      +26.1 %
Salaries And Financing
Richmond, VA Edit Chicago, IL Edit
Average Monthly Net Salary (After Tax) 4,421.58 $ 5,011.38 $      +13.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.64      -0.3 %
Last update: April 2024April 2024
Contributors in the past 12 months:45225