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

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 10.5% lower than in Chicago, IL (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 20.6% lower than in Chicago, IL
Rent Prices in Minneapolis, MN are 36.3% lower than in Chicago, IL
Restaurant Prices in Minneapolis, MN are 17.4% lower than in Chicago, IL
Groceries Prices in Minneapolis, MN are 11.1% lower than in Chicago, IL
Local Purchasing Power in Minneapolis, MN is 12.8% 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 $ 77.50 $      -22.5 %
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) 5.19 $ 5.68 $      +9.4 %
Coke/Pepsi (12 oz small bottle) 2.99 $ 2.87 $      -3.9 %
Water (12 oz small bottle) 2.39 $ 2.13 $      -10.8 %
Markets
Chicago, IL Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 4.04 $ 3.70 $      -8.5 %
Loaf of Fresh White Bread (1 lb) 3.84 $ 3.65 $      -5.0 %
Rice (white), (1 lb) 2.85 $ 2.24 $      -21.4 %
Eggs (regular) (12) 4.07 $ 3.62 $      -11.1 %
Local Cheese (1 lb) 7.52 $ 5.33 $      -29.1 %
Chicken Fillets (1 lb) 6.74 $ 6.40 $      -5.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.46 $ 7.58 $      -19.9 %
Apples (1 lb) 2.70 $ 2.70 $      +0.0 %
Banana (1 lb) 0.89 $ 0.91 $      +1.4 %
Oranges (1 lb) 2.10 $ 2.17 $      +3.4 %
Tomato (1 lb) 2.24 $ 2.88 $      +28.9 %
Potato (1 lb) 1.19 $ 1.43 $      +20.0 %
Onion (1 lb) 1.35 $ 1.65 $      +22.0 %
Lettuce (1 head) 2.25 $ 2.28 $      +1.3 %
Water (1.5 liter bottle) 2.62 $ 1.91 $      -27.1 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.43 $ 2.13 $      -12.3 %
Imported Beer (12 oz small bottle) 4.31 $ 3.91 $      -9.2 %
Cigarettes 20 Pack (Marlboro) 16.50 $ 10.00 $      -39.4 %
Transportation
Chicago, IL Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.50 $ 2.50 $      0.0 %
Monthly Pass (Regular Price) 80.00 $ 90.00 $      +12.5 %
Taxi Start (Normal Tariff) 3.25 $ 5.00 $      +53.8 %
Taxi 1 mile (Normal Tariff) 2.25 $ 1.75 $      -22.2 %
Taxi 1hour Waiting (Normal Tariff) 25.00 $ 37.00 $      +48.0 %
Gasoline (1 gallon) 4.21 $ 3.45 $      -18.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,383.69 $ 32,946.00 $      -11.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,211.87 $ 25,926.47 $      -4.7 %
Utilities (Monthly)
Chicago, IL Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 157.44 $ 168.36 $      +6.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.48 $ 51.08 $      -6.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.38 $ 65.32 $      +13.8 %
Sports And Leisure
Chicago, IL Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 78.67 $ 30.00 $      -61.9 %
Tennis Court Rent (1 Hour on Weekend) 6.25 $ 26.67 $      +326.7 %
Cinema, International Release, 1 Seat 15.00 $ 14.50 $      -3.3 %
Childcare
Chicago, IL Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,170.00 $ 1,450.00 $      -33.2 %
International Primary School, Yearly for 1 Child 45,450.00 $ 24,406.67 $      -46.3 %
Clothing And Shoes
Chicago, IL Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.46 $ 60.58 $      +0.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $ 45.00 $      -16.3 %
1 Pair of Nike Running Shoes (Mid-Range) 97.19 $ 91.00 $      -6.4 %
1 Pair of Men Leather Business Shoes 128.06 $ 121.25 $      -5.3 %
Rent Per Month
Chicago, IL Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,446.74 $ 1,629.62 $      -33.4 %
Apartment (1 bedroom) Outside of Centre 1,507.04 $ 1,197.69 $      -20.5 %
Apartment (3 bedrooms) in City Centre 4,608.70 $ 2,657.73 $      -42.3 %
Apartment (3 bedrooms) Outside of Centre 2,963.64 $ 1,858.89 $      -37.3 %
Buy Apartment Price
Chicago, IL Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 334.28 $ 304.09 $      -9.0 %
Price per Square Feet to Buy Apartment Outside of Centre 260.01 $ 233.75 $      -10.1 %
Salaries And Financing
Chicago, IL Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 5,011.38 $ 4,486.35 $      -10.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.54      -1.6 %
Last update: May 2024April 2024
Contributors in the past 12 months:21898