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 16.8% lower than in Chicago, IL
Rent Prices in Toronto are 17.8% lower than in Chicago, IL
Restaurant Prices in Toronto are 19.2% lower than in Chicago, IL
Groceries Prices in Toronto are 20.6% lower than in Chicago, IL
Local Purchasing Power in Toronto is 25.1% 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 $
(34.13 C$)
18.31 $
(25.00 C$)
     -26.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(136.53 C$)
87.89 $
(120.00 C$)
     -12.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.67 $
(15.93 C$)
10.99 $
(15.00 C$)
     -5.8 %
Domestic Beer (1 pint draught) 8.00 $
(10.92 C$)
6.23 $
(8.50 C$)
     -22.2 %
Imported Beer (12 oz small bottle) 8.00 $
(10.92 C$)
7.32 $
(10.00 C$)
     -8.4 %
Cappuccino (regular) 5.22 $
(7.13 C$)
3.98 $
(5.44 C$)
     -23.8 %
Coke/Pepsi (12 oz small bottle) 2.95 $
(4.03 C$)
2.11 $
(2.88 C$)
     -28.6 %
Water (12 oz small bottle) 2.37 $
(3.23 C$)
1.64 $
(2.24 C$)
     -30.8 %
Markets
Chicago, IL Edit Toronto Edit
Milk (regular), (1 gallon) 4.04 $
(5.52 C$)
11.63 $
(15.88 C$)
     +187.8 %
Loaf of Fresh White Bread (1 lb) 3.84 $
(5.24 C$)
2.53 $
(3.45 C$)
     -34.1 %
Rice (white), (1 lb) 2.85 $
(3.89 C$)
1.58 $
(2.16 C$)
     -44.4 %
Eggs (regular) (12) 4.07 $
(5.56 C$)
3.54 $
(4.83 C$)
     -13.1 %
Local Cheese (1 lb) 7.52 $
(10.27 C$)
5.01 $
(6.84 C$)
     -33.3 %
Chicken Fillets (1 lb) 6.74 $
(9.20 C$)
5.65 $
(7.71 C$)
     -16.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.46 $
(12.92 C$)
6.39 $
(8.73 C$)
     -32.5 %
Apples (1 lb) 2.70 $
(3.68 C$)
1.79 $
(2.44 C$)
     -33.7 %
Banana (1 lb) 0.89 $
(1.22 C$)
0.65 $
(0.89 C$)
     -27.0 %
Oranges (1 lb) 2.10 $
(2.87 C$)
1.82 $
(2.48 C$)
     -13.4 %
Tomato (1 lb) 2.24 $
(3.05 C$)
1.69 $
(2.31 C$)
     -24.4 %
Potato (1 lb) 1.19 $
(1.63 C$)
1.21 $
(1.65 C$)
     +1.1 %
Onion (1 lb) 1.35 $
(1.84 C$)
1.27 $
(1.73 C$)
     -5.9 %
Lettuce (1 head) 2.25 $
(3.07 C$)
2.29 $
(3.13 C$)
     +1.9 %
Water (1.5 liter bottle) 2.55 $
(3.48 C$)
1.81 $
(2.48 C$)
     -28.9 %
Bottle of Wine (Mid-Range) 15.00 $
(20.48 C$)
13.92 $
(19.00 C$)
     -7.2 %
Domestic Beer (0.5 liter bottle) 2.43 $
(3.32 C$)
2.51 $
(3.42 C$)
     +3.1 %
Imported Beer (12 oz small bottle) 4.31 $
(5.89 C$)
2.83 $
(3.87 C$)
     -34.3 %
Cigarettes 20 Pack (Marlboro) 16.50 $
(22.53 C$)
14.65 $
(20.00 C$)
     -11.2 %
Transportation
Chicago, IL Edit Toronto Edit
One-way Ticket (Local Transport) 2.50 $
(3.41 C$)
2.45 $
(3.35 C$)
     -1.9 %
Monthly Pass (Regular Price) 80.00 $
(109.23 C$)
114.26 $
(156.00 C$)
     +42.8 %
Taxi Start (Normal Tariff) 3.25 $
(4.44 C$)
3.66 $
(5.00 C$)
     +12.7 %
Taxi 1 mile (Normal Tariff) 2.25 $
(3.07 C$)
2.06 $
(2.82 C$)
     -8.3 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $
(34.13 C$)
22.71 $
(31.00 C$)
     -9.2 %
Gasoline (1 gallon) 4.23 $
(5.78 C$)
4.50 $
(6.14 C$)
     +6.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $
(51,040.51 C$)
25,159.03 $
(34,350.00 C$)
     -32.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,211.87 $
(37,152.78 C$)
22,454.53 $
(30,657.50 C$)
     -17.5 %
Utilities (Monthly)
Chicago, IL Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.33 $
(217.54 C$)
123.60 $
(168.75 C$)
     -22.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.68 $
(74.66 C$)
47.95 $
(65.47 C$)
     -12.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.35 $
(78.30 C$)
53.85 $
(73.52 C$)
     -6.1 %
Sports And Leisure
Chicago, IL Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 78.67 $
(107.40 C$)
53.91 $
(73.61 C$)
     -31.5 %
Tennis Court Rent (1 Hour on Weekend) 5.00 $
(6.83 C$)
21.32 $
(29.11 C$)
     +326.4 %
Cinema, International Release, 1 Seat 15.00 $
(20.48 C$)
13.18 $
(18.00 C$)
     -12.1 %
Childcare
Chicago, IL Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,170.00 $
(2,962.73 C$)
1,132.22 $
(1,545.84 C$)
     -47.8 %
International Primary School, Yearly for 1 Child 45,450.00 $
(62,053.57 C$)
18,284.31 $
(24,963.85 C$)
     -59.8 %
Clothing And Shoes
Chicago, IL Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.03 $
(81.96 C$)
59.71 $
(81.52 C$)
     -0.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $
(73.39 C$)
36.85 $
(50.31 C$)
     -31.4 %
1 Pair of Nike Running Shoes (Mid-Range) 97.19 $
(132.70 C$)
97.98 $
(133.78 C$)
     +0.8 %
1 Pair of Men Leather Business Shoes 128.06 $
(174.85 C$)
118.46 $
(161.74 C$)
     -7.5 %
Rent Per Month
Chicago, IL Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,351.85 $
(3,211.02 C$)
1,837.41 $
(2,508.65 C$)
     -21.9 %
Apartment (1 bedroom) Outside of Centre 1,507.04 $
(2,057.58 C$)
1,637.36 $
(2,235.51 C$)
     +8.6 %
Apartment (3 bedrooms) in City Centre 4,608.70 $
(6,292.32 C$)
3,265.78 $
(4,458.82 C$)
     -29.1 %
Apartment (3 bedrooms) Outside of Centre 2,950.00 $
(4,027.68 C$)
2,647.86 $
(3,615.16 C$)
     -10.2 %
Buy Apartment Price
Chicago, IL Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 334.28 $
(456.40 C$)
954.42 $
(1,303.09 C$)
     +185.5 %
Price per Square Feet to Buy Apartment Outside of Centre 260.01 $
(354.99 C$)
747.01 $
(1,019.91 C$)
     +187.3 %
Salaries And Financing
Chicago, IL Edit Toronto Edit
Average Monthly Net Salary (After Tax) 5,502.92 $
(7,513.21 C$)
3,426.80 $
(4,678.67 C$)
     -37.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.54      -1.5 %
Last update: April 2024April 2024
Contributors in the past 12 months:235779