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

Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 10.6% lower than in Chicago, IL (without rent)
Cost of Living Including Rent in Minneapolis, MN is 21.0% lower than in Chicago, IL
Rent Prices in Minneapolis, MN are 37.0% lower than in Chicago, IL
Restaurant Prices in Minneapolis, MN are 16.4% lower than in Chicago, IL
Groceries Prices in Minneapolis, MN are 12.6% lower than in Chicago, IL
Local Purchasing Power in Minneapolis, MN is 19.6% higher than in Chicago, IL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Chicago, IL Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 20.00 $      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 80.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 10.00 $      -16.7 %
Domestic Beer (1 pint draught) 8.00 $ 7.00 $      -12.5 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 5.15 $ 5.68 $      +10.4 %
Coke/Pepsi (12 oz small bottle) 2.99 $ 2.90 $      -2.9 %
Water (12 oz small bottle) 2.40 $ 2.12 $      -11.3 %
Markets
Chicago, IL Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 4.07 $ 3.65 $      -10.2 %
Loaf of Fresh White Bread (1 lb) 3.74 $ 3.65 $      -2.5 %
Rice (white), (1 lb) 2.76 $ 2.24 $      -18.8 %
Eggs (regular) (12) 3.95 $ 3.62 $      -8.2 %
Local Cheese (1 lb) 7.37 $ 5.02 $      -31.8 %
Chicken Fillets (1 lb) 6.72 $ 5.96 $      -11.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.30 $ 7.40 $      -20.4 %
Apples (1 lb) 2.67 $ 2.63 $      -1.6 %
Banana (1 lb) 0.89 $ 0.94 $      +4.8 %
Oranges (1 lb) 2.15 $ 2.29 $      +6.8 %
Tomato (1 lb) 2.31 $ 2.55 $      +10.5 %
Potato (1 lb) 1.19 $ 1.38 $      +15.5 %
Onion (1 lb) 1.31 $ 1.61 $      +22.8 %
Lettuce (1 head) 2.29 $ 2.33 $      +1.7 %
Water (1.5 liter bottle) 2.82 $ 1.90 $      -32.8 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.64 $ 1.99 $      -24.7 %
Imported Beer (12 oz small bottle) 3.83 $ 3.57 $      -6.9 %
Cigarettes 20 Pack (Marlboro) 16.00 $ 10.00 $      -37.5 %
Transportation
Chicago, IL Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.50 $ 2.50 $      0.0 %
Monthly Pass (Regular Price) 79.00 $ 90.00 $      +13.9 %
Taxi Start (Normal Tariff) 3.25 $ 4.70 $      +44.6 %
Taxi 1 mile (Normal Tariff) 2.25 $ 2.75 $      +22.2 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $ 24.00 $      -4.0 %
Gasoline (1 gallon) 4.14 $ 3.44 $      -16.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $ 32,390.00 $      -13.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,997.89 $ 25,926.47 $      -4.0 %
Utilities (Monthly)
Chicago, IL Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 156.86 $ 168.36 $      +7.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 53.81 $ 51.08 $      -5.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 55.66 $ 65.06 $      +16.9 %
Sports And Leisure
Chicago, IL Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 68.45 $ 34.17 $      -50.1 %
Tennis Court Rent (1 Hour on Weekend) 13.00 $ 28.33 $      +117.9 %
Cinema, International Release, 1 Seat 15.00 $ 14.00 $      -6.7 %
Childcare
Chicago, IL Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,308.33 $ 1,450.00 $      -37.2 %
International Primary School, Yearly for 1 Child 43,560.00 $ 24,406.67 $      -44.0 %
Clothing And Shoes
Chicago, IL Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.17 $ 59.33 $      -4.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.46 $ 45.00 $      -15.8 %
1 Pair of Nike Running Shoes (Mid-Range) 96.83 $ 83.43 $      -13.8 %
1 Pair of Men Leather Business Shoes 127.14 $ 121.25 $      -4.6 %
Rent Per Month
Chicago, IL Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,421.15 $ 1,607.29 $      -33.6 %
Apartment (1 bedroom) Outside of Centre 1,493.58 $ 1,183.50 $      -20.8 %
Apartment (3 bedrooms) in City Centre 4,620.00 $ 2,529.62 $      -45.2 %
Apartment (3 bedrooms) Outside of Centre 2,961.54 $ 1,917.00 $      -35.3 %
Buy Apartment Price
Chicago, IL Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 330.00 $ 247.84 $      -24.9 %
Price per Square Feet to Buy Apartment Outside of Centre 272.50 $ 216.00 $      -20.7 %
Salaries And Financing
Chicago, IL Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,881.15 $ 4,614.38 $      -5.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.54      -1.8 %
Last update: June 2024June 2024
Contributors in the past 12 months:236105