Cost Comparison 2025

ChicagovsSeoul

United States
South Korea

Overall

💰

-8.5%

Chicago is 8.5%cheaper

Rent

🏠

-23.1%

Housing is 23.1% lower

Dining

🍽️

-31.3%

Restaurants 31.3% cheaper

Groceries

🛒

+12.5%

Food shopping 12.5% more

Comparing the cost of living between Chicago, United States and Seoul, South Korea reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Chicago is more affordable than Seoul by approximately 8.5%. 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 Seoul by 30%. A one-bedroom apartment in Chicago's city center costs around $2,200, while the same in Seoul is approximately ₩1,200,000.

Dining out in Chicago is notably more expensive compared to Seoul. An inexpensive restaurant meal costs $18 in Chicago versus ₩8,000 in Seoul.

Public transportation in Chicago is more affordable, with monthly passes at $105 compared to ₩55,000 in Seoul.

Purchasing power in Chicago is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Seoul.

Grocery shopping in Chicago is more affordable by approximately 11%. Basic items like milk, bread, and eggs show lower prices across the board.

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 Seoul, the same lifestyle would cost around ₩528,000. For families, these figures increase significantly, with a family of four requiring about $2,232 monthly in Chicago versus ₩1,848,000 in Seoul. 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

Item
Chicago, United States
Seoul, South Korea

🏠 Housing Costs (Monthly Rent)

1BR City Center
$2,200
₩1,200,000
1BR Outside Center
$1,600
₩700,000
3BR City Center
$4,000
₩3,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
$18
₩8,000
Meal for 2, Mid-range Restaurant
$90
₩50,000
Cappuccino
$5
₩4,500
Domestic Beer (0.5L)
$6
₩4,500

🛒 Groceries

Milk (1L)
$1
₩2,500
Bread (500g)
$3
₩3,000
Eggs (12)
$4
₩3,500
Cheese (1kg)
$12
₩16,000

🚌 Transportation

One-way Ticket
$3
₩1,400
Monthly Pass
$105
₩55,000
Taxi Start
$4
₩4,000
Gasoline (1L)
$1
₩1,700

💡 Utilities & Internet

Basic Utilities (85m²)
$140
₩200,000
Internet (60 Mbps)
$60
₩30,000
Mobile Minute
$0
₩50

Tips for Moving Between Cities

For those considering a move from Seoul 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 Seoul 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

Cost of Living Index82
Rent Index65
Purchasing Power Index110

Seoul

Cost of Living Index75
Rent Index50
Purchasing Power Index85

Frequently Asked Questions

Is Chicago more expensive than Seoul?

No, Chicago is approximately 8.5% cheaper than Seoul. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Chicago compared to Seoul?

To maintain the same standard of living, you would need approximately 92% of your Seoul salary when living in Chicago. For example, if you earn $50,000 in Seoul, you'd need about $46,067 in Chicago for a comparable lifestyle.

What are the biggest cost differences between Chicago and Seoul?

The most significant cost difference is in dining out. Restaurant prices vary by about 45%, which can significantly impact your entertainment budget. Transportation and utilities show notable 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 Seoul for affordability.

What's a reasonable monthly budget for Chicago vs Seoul?

In Chicago, a single person needs approximately $2,238 per month (including rent), while a family of four requires about $5,032. In Seoul, these figures are ₩1,228,000 for singles and ₩3,648,000 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Chicago and Seoul in 2025 shows moderate 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.

Need to calculate salary equivalence?

Find out how much you need to earn in Seoul to maintain your lifestyle from Chicago

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers