ChicagovsMontreal
Overall
💰-20.7%
Chicago is 20.7%cheaper
Rent
🏠-38.5%
Housing is 38.5% lower
Dining
🍽️-15.0%
Restaurants 15.0% cheaper
Groceries
🛒-6.3%
Food shopping 6.3% less
Comparing the cost of living between Chicago, United States and Montreal, Canada reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Chicago is more affordable than Montreal by approximately 20.7%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Chicago are higher than in Montreal by 63%. A one-bedroom apartment in Chicago's city center costs around $2,200, while the same in Montreal is approximately CA$1,500.
Dining out in Chicago is notably more expensive compared to Montreal. An inexpensive restaurant meal costs $18 in Chicago versus CA$18 in Montreal.
Public transportation in Chicago is more expensive, with monthly passes at $105 compared to CA$94 in Montreal.
Purchasing power in Chicago is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Montreal.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Chicago can expect to spend approximately $638 per month (excluding rent), while in Montreal, the same lifestyle would cost around CA$570. For families, these figures increase significantly, with a family of four requiring about $2,232 monthly in Chicago versus CA$1,994 in Montreal. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Montreal to Chicago, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Chicago to Montreal requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Chicago
Montreal
Frequently Asked Questions
Is Chicago more expensive than Montreal?
No, Chicago is approximately 20.7% cheaper than Montreal. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Chicago compared to Montreal?
To maintain the same standard of living, you would need approximately 83% of your Montreal salary when living in Chicago. For example, if you earn $50,000 in Montreal, you'd need about $41,414 in Chicago for a comparable lifestyle.
What are the biggest cost differences between Chicago and Montreal?
The most significant cost difference is in housing. Rent prices differ by approximately 63%, making it a major factor in your budget planning. Transportation and utilities show smaller variations between the two cities.
Which city is better for expats and digital nomads?
Chicago offers better purchasing power, making it more attractive for those earning in strong currencies. However, Chicago provides lower living costs, which benefits budget-conscious travelers. Consider Chicago if you prioritize earning potential, or Montreal for affordability.
What's a reasonable monthly budget for Chicago vs Montreal?
In Chicago, a single person needs approximately $2,238 per month (including rent), while a family of four requires about $5,032. In Montreal, these figures are CA$1,670 for singles and CA$3,894 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Chicago and Montreal in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
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Find out how much you need to earn in Montreal to maintain your lifestyle from Chicago
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