Cost of Living Comparison Between Belmont, CA and Chicago, IL Cost of Living Comparison Between Belmont, CA and Chicago, IL

Monthly Cost of Living

A single person spends $2,718 per month in Belmont, CA vs $3,084 in Chicago, IL, rent included.

A couple spends around $3,885 per month in Belmont, CA vs $4,637 in Chicago, IL, rent included.

A family of three spends $5,052 per month in Belmont, CA vs $6,191 in Chicago, IL, rent included.

Belmont, CA is about 12% cheaper than Chicago, IL, driven mainly by Groceries & Markets.

Both Belmont, CA and Chicago, IL sit above the global median – Belmont, CA by 103%, Chicago, IL by 131%.

Meal at Budget Restaurant

$20.80 $20.80

$20.81 $20.81

-0.05%

Three-Course Dinner for Two, Mid-Range

$65.3 $65.3

$98.6 $98.6

-33.74%

Fast Food Meal (McDonalds, etc)

$10.82 $10.82

$11.90 $11.90

-9.08%

Cappuccino

$5.66 $5.66

$5.84 $5.84

-3.08%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.20 $2.20

$3.07 $3.07

-28.34%

Water (0.33 liter bottle)

$2.47 $2.47

$2.35 $2.35

5.11%

Local Beer (0.5 liter draught)

$5.85 $5.85

$6.87 $6.87

-14.85%

Imported Beer (0.33 liter bottle)

$8.17 $8.17

$8.07 $8.07

1.24%

Milk (1 liter)

$1.28 $1.28

$1.05 $1.05

21.90%

White Bread (500g)

$3.65 $3.65

$3.98 $3.98

-8.29%

Rice (white) (1kg)

$3.15 $3.15

$5.60 $5.60

-43.75%

Eggs

$3.45 $3.45

$4.55 $4.55

-24.18%

Local Cheese (1kg)

$11.09 $11.09

$14.20 $14.20

-21.90%

Chicken Fillets (1kg)

$11.11 $11.11

$14.90 $14.90

-25.44%

Beef Round Steak (1kg)

$14.21 $14.21

$19.08 $19.08

-25.52%

Apples (1kg)

$3.86 $3.86

$5.31 $5.31

-27.31%

Banana (1kg)

$2.24 $2.24

$1.71 $1.71

30.99%

Oranges (1kg)

$2.45 $2.45

$4.24 $4.24

-42.22%

Tomato (1kg)

$2.22 $2.22

$4.37 $4.37

-49.20%

Potato (1kg)

$2.37 $2.37

$2.56 $2.56

-7.42%

Onion (1kg)

$3.08 $3.08

$2.80 $2.80

10.00%

Lettuce (1 head)

$2.48 $2.48

$2.47 $2.47

0.40%

Water (1.5 liter bottle)

$0.98 $0.98

$2.70 $2.70

-63.70%

Cigarettes 20 Pack (Marlboro, Camel)

$11.14 $11.14

$14.95 $14.95

-25.48%

Wine (Bottle)

$12.90 $12.90

$14.73 $14.73

-12.42%

Local Beer (0.5 liter bottle)

$2.06 $2.06

$2.37 $2.37

-13.08%

Imported Beer (0.33 liter bottle)

$2.47 $2.47

$3.57 $3.57

-30.81%

One-way Ticket (Public Transport)

$2.04 $2.04

$2.44 $2.44

-16.39%

Public Transport Monthly Pass (Regular Price)

$64.4 $64.4

$75.2 $75.2

-14.37%

Taxi Start (Normal Tariff)

$3.42 $3.42

$3.35 $3.35

2.09%

Taxi (Normal Tariff) (1km)

$1.87 $1.87

$1.37 $1.37

36.50%

Taxi 1hour Waiting (Normal Tariff)

$30.16 $30.16

$25.29 $25.29

19.26%

Gasoline (1 liter)

$1.28 $1.28

$1.09 $1.09

17.43%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$26.8K $26.8K

$32.3K $32.3K

-16.84%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.3K $26.3K

$26.4K $26.4K

-0.29%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$288 $288

$188 $188

53.17%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$48.95 $48.95

$63.3 $63.3

-22.62%

Internet (50+ Mbps, Unlimited Data)

$69.1 $69.1

$66.2 $66.2

4.43%

Gym Membership (Monthly)

$42.67 $42.67

$75.6 $75.6

-43.53%

Tennis Court (1 Hour on Weekend)

$13.20 $13.20

Cinema Ticket

$15.48 $15.48

$14.80 $14.80

4.59%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,929 $1,929

$2,097 $2,097

-8.01%

International Primary School, 1 Child (Yearly)

$26.5K $26.5K

$38.5K $38.5K

-31.14%

Jeans (Levis 501 Or Similar)

$53.0 $53.0

$64.9 $64.9

-18.30%

Summer Dress (H&M, Zara, etc)

$35.07 $35.07

$51.6 $51.6

-32.02%

Sport Shoes (Adidas, Nike)

$88.8 $88.8

$96.3 $96.3

-7.76%

Men's Leather Business Shoes

$135 $135

$146 $146

-7.90%

1-bedroom Apartment, City Center (Monthly)

$2,219 $2,219

$2,332 $2,332

-4.86%

1-bedroom Apartment, Outside City Center (Monthly)

$1,351 $1,351

$1,579 $1,579

-14.44%

3-bedroom Apartment, City Center (Monthly)

$2,630 $2,630

$4,775 $4,775

-44.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,237 $2,237

$2,725 $2,725

-17.93%

Buy Apartment in City Center (m2)

$4,023 $4,023

Buy Apartment Outside City Center (m2)

$13.2K $13.2K

$2,684 $2,684

391.33%

Average Monthly Net Salary (After Tax)

$4,981 $4,981

20-Year Fixed Mortgage Interest Rate (Annual %)

6.32

6.6

-4.24%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Belmont, CA: July 21, 2026

Last update for Chicago, IL: July 20, 2026

Cost Breakdown

A central one-bedroom costs $2,219 in Belmont, CA versus $2,332 in Chicago, IL. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $65.0 in Belmont, CA versus $99.0 in Chicago, IL. Monthly groceries follow the same trend: $337 vs $445 – making Belmont, CA the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Belmont, CA vs Chicago, IL: Cost of Living - Frequently Asked Questions

Chicago, IL costs about 13% more than Belmont, CA, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,077 per month in Belmont, CA and $4,626 in Chicago, IL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Belmont, CA, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $1,929 per month in Belmont, CA and $2,097 in Chicago, IL. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 32% more in Chicago, IL, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,000 is a stretch for both – monthly costs hit $2,718 in Belmont, CA and $3,084 in Chicago, IL. You'll need shared housing and careful budgeting no matter which city you pick.

For digital nomads, it depends on budget. Belmont, CA costs $2,718 versus $3,084 in Chicago, IL. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Belmont, CA. If higher salaries, better infrastructure, or specific career opportunities are the priority, Chicago, IL makes more sense. Both are solid long-term options with distinct trade-offs.