Cost of Living Comparison Between Chicago, IL and Lake Oswego, OR Cost of Living Comparison Between Chicago, IL and Lake Oswego, OR

Monthly Cost of Living

A single person spends $3,066 per month in Chicago, IL vs $2,494 in Lake Oswego, OR, rent included.

A couple spends around $4,583 per month in Chicago, IL vs $3,666 in Lake Oswego, OR, rent included.

A family of three spends $6,100 per month in Chicago, IL vs $4,838 in Lake Oswego, OR, rent included.

Chicago, IL costs about 23% more than Lake Oswego, OR, driven mainly by Groceries & Markets.

Both Chicago, IL and Lake Oswego, OR sit above the global median – Chicago, IL by 128%, Lake Oswego, OR by 85%.

Meal at Budget Restaurant

$20.53 $20.53

$19.73 $19.73

4.05%

Three-Course Dinner for Two, Mid-Range

$102 $102

$80.3 $80.3

26.54%

Fast Food Meal (McDonalds, etc)

$12.03 $12.03

$10.12 $10.12

18.87%

Cappuccino

$5.62 $5.62

$5.50 $5.50

2.18%

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

$3.07 $3.07

$2.59 $2.59

18.53%

Water (0.33 liter bottle)

$2.42 $2.42

$2.03 $2.03

19.21%

Local Beer (0.5 liter draught)

$6.98 $6.98

$6.69 $6.69

4.33%

Imported Beer (0.33 liter bottle)

$8.10 $8.10

$7.99 $7.99

1.38%

Milk (1 liter)

$1.08 $1.08

$1.06 $1.06

1.89%

White Bread (500g)

$3.95 $3.95

$3.86 $3.86

2.33%

Rice (white) (1kg)

$5.52 $5.52

$7.34 $7.34

-24.80%

Eggs

$4.55 $4.55

$4.12 $4.12

10.44%

Local Cheese (1kg)

$14.58 $14.58

$11.25 $11.25

29.60%

Chicken Fillets (1kg)

$14.91 $14.91

$11.68 $11.68

27.65%

Beef Round Steak (1kg)

$18.83 $18.83

$16.52 $16.52

13.98%

Apples (1kg)

$5.34 $5.34

$4.25 $4.25

25.65%

Banana (1kg)

$1.76 $1.76

$1.50 $1.50

17.33%

Oranges (1kg)

$4.39 $4.39

$2.82 $2.82

55.67%

Tomato (1kg)

$4.37 $4.37

$2.86 $2.86

52.80%

Potato (1kg)

$2.55 $2.55

$2.07 $2.07

23.19%

Onion (1kg)

$2.78 $2.78

$1.95 $1.95

42.56%

Lettuce (1 head)

$2.46 $2.46

$2.00 $2.00

23.00%

Water (1.5 liter bottle)

$2.66 $2.66

$1.63 $1.63

63.19%

Cigarettes 20 Pack (Marlboro, Camel)

$14.74 $14.74

$10.68 $10.68

38.01%

Wine (Bottle)

$15.17 $15.17

$10.98 $10.98

38.16%

Local Beer (0.5 liter bottle)

$2.45 $2.45

$1.71 $1.71

43.27%

Imported Beer (0.33 liter bottle)

$3.68 $3.68

$3.34 $3.34

10.18%

One-way Ticket (Public Transport)

$2.52 $2.52

$2.05 $2.05

22.93%

Public Transport Monthly Pass (Regular Price)

$74.5 $74.5

Taxi Start (Normal Tariff)

$3.29 $3.29

$3.92 $3.92

-16.07%

Taxi (Normal Tariff) (1km)

$1.43 $1.43

$1.63 $1.63

-12.27%

Taxi 1hour Waiting (Normal Tariff)

$24.86 $24.86

$23.58 $23.58

5.43%

Gasoline (1 liter)

$1.09 $1.09

$1.02 $1.02

6.86%

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

$31.3K $31.3K

$24.3K $24.3K

29.17%

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

$26.8K $26.8K

$25.6K $25.6K

4.68%

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

$187 $187

$126 $126

48.85%

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

$62.4 $62.4

$45.24 $45.24

37.84%

Internet (50+ Mbps, Unlimited Data)

$67.1 $67.1

$57.6 $57.6

16.65%

Gym Membership (Monthly)

$75.2 $75.2

$43.70 $43.70

72.01%

Tennis Court (1 Hour on Weekend)

$13.17 $13.17

Cinema Ticket

$15.21 $15.21

$14.30 $14.30

6.36%

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

$2,039 $2,039

$1,487 $1,487

37.13%

International Primary School, 1 Child (Yearly)

$39.3K $39.3K

$12.3K $12.3K

219.49%

Jeans (Levis 501 Or Similar)

$64.0 $64.0

$41.52 $41.52

54.05%

Summer Dress (H&M, Zara, etc)

$50.6 $50.6

$29.63 $29.63

70.74%

Sport Shoes (Adidas, Nike)

$95.4 $95.4

$88.9 $88.9

7.31%

Men's Leather Business Shoes

$144 $144

$83.9 $83.9

71.23%

1-bedroom Apartment, City Center (Monthly)

$2,355 $2,355

$1,630 $1,630

44.48%

1-bedroom Apartment, Outside City Center (Monthly)

$1,613 $1,613

$1,380 $1,380

16.84%

3-bedroom Apartment, City Center (Monthly)

$4,728 $4,728

$2,587 $2,587

82.75%

3-bedroom Apartment, Outside City Center (Monthly)

$2,754 $2,754

$2,223 $2,223

23.92%

Buy Apartment in City Center (m2)

$3,803 $3,803

$2,556 $2,556

48.82%

Buy Apartment Outside City Center (m2)

$2,580 $2,580

$2,337 $2,337

10.39%

Average Monthly Net Salary (After Tax)

$4,738 $4,738

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

6.53

1.07%

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

Last update for Chicago, IL: April 14, 2026

Last update for Lake Oswego, OR: April 12, 2026

Cost Breakdown

A central one-bedroom costs $2,355 in Chicago, IL versus $1,630 in Lake Oswego, OR. 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 $102 in Chicago, IL versus $80 in Lake Oswego, OR. Monthly groceries follow the same trend: $447 vs $367 – making Lake Oswego, OR 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

Chicago, IL vs Lake Oswego, OR: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,066 in Chicago, IL, $2,494 in Lake Oswego, OR – roughly 23% apart. Chicago, IL costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $4,599 per month in Chicago, IL and $3,741 in Lake Oswego, OR. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $102 in Chicago, IL and $80.0 in Lake Oswego, OR. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 22% 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.

A $2,500 monthly budget goes further in Lake Oswego, OR, where all-in costs run around $2,494, than in Chicago, IL at $3,066. In Lake Oswego, OR it covers expenses comfortably, while in Chicago, IL it requires careful planning or may not stretch far enough.

It depends on your priorities. Chicago, IL has an edge in some lifestyle areas, with costs from $2,494 in Lake Oswego, OR to $3,066 in Chicago, IL. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Lake Oswego, OR. 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.