Cost of Living Comparison Between Chicago, IL and Oyster Bay, NY Cost of Living Comparison Between Chicago, IL and Oyster Bay, NY

Monthly Cost of Living

A single person spends $3,117 per month in Chicago, IL vs $2,739 in Oyster Bay, NY, rent included.

A couple spends around $4,695 per month in Chicago, IL vs $4,080 in Oyster Bay, NY, rent included.

A family of three spends $6,273 per month in Chicago, IL vs $5,420 in Oyster Bay, NY, rent included.

Chicago, IL costs about 14% more than Oyster Bay, NY, driven mainly by Getting Around.

Both Chicago, IL and Oyster Bay, NY sit above the global median – Chicago, IL by 128%, Oyster Bay, NY by 100%.

Meal at Budget Restaurant

$19.92 $19.92

$25.03 $25.03

-20.42%

Three-Course Dinner for Two, Mid-Range

$88.5 $88.5

$98.2 $98.2

-9.87%

Fast Food Meal (McDonalds, etc)

$12.94 $12.94

Cappuccino

$5.54 $5.54

$5.34 $5.34

3.75%

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

$2.74 $2.74

$2.22 $2.22

23.42%

Water (0.33 liter bottle)

$2.36 $2.36

$1.51 $1.51

56.29%

Local Beer (0.5 liter draught)

$7.12 $7.12

$8.78 $8.78

-18.91%

Imported Beer (0.33 liter bottle)

$8.73 $8.73

$8.22 $8.22

6.20%

Milk (1 liter)

$1.34 $1.34

$1.26 $1.26

6.35%

White Bread (500g)

$4.17 $4.17

$4.25 $4.25

-1.88%

Rice (white) (1kg)

$5.73 $5.73

$6.16 $6.16

-6.98%

Eggs

$4.89 $4.89

$5.88 $5.88

-16.84%

Local Cheese (1kg)

$14.77 $14.77

$14.04 $14.04

5.20%

Chicken Fillets (1kg)

$14.85 $14.85

$10.08 $10.08

47.32%

Beef Round Steak (1kg)

$19.61 $19.61

$19.78 $19.78

-0.86%

Apples (1kg)

$5.57 $5.57

$5.34 $5.34

4.31%

Banana (1kg)

$1.92 $1.92

$1.80 $1.80

6.67%

Oranges (1kg)

$4.17 $4.17

$4.33 $4.33

-3.70%

Tomato (1kg)

$4.86 $4.86

$4.92 $4.92

-1.22%

Potato (1kg)

$2.84 $2.84

$3.06 $3.06

-7.19%

Onion (1kg)

$2.80 $2.80

$3.38 $3.38

-17.16%

Lettuce (1 head)

$2.20 $2.20

$2.83 $2.83

-22.26%

Water (1.5 liter bottle)

$3.06 $3.06

$2.97 $2.97

3.03%

Cigarettes 20 Pack (Marlboro, Camel)

$16.16 $16.16

$11.40 $11.40

41.75%

Wine (Bottle)

$14.82 $14.82

$15.18 $15.18

-2.37%

Local Beer (0.5 liter bottle)

$2.53 $2.53

$1.75 $1.75

44.57%

Imported Beer (0.33 liter bottle)

$3.35 $3.35

$3.49 $3.49

-4.01%

One-way Ticket (Public Transport)

$2.55 $2.55

$2.05 $2.05

24.39%

Public Transport Monthly Pass (Regular Price)

$75.6 $75.6

Taxi Start (Normal Tariff)

$3.30 $3.30

$2.96 $2.96

11.49%

Taxi (Normal Tariff) (1km)

$1.36 $1.36

$2.06 $2.06

-33.98%

Taxi 1hour Waiting (Normal Tariff)

$25.12 $25.12

$23.80 $23.80

5.55%

Gasoline (1 liter)

$1.17 $1.17

$1.07 $1.07

9.35%

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

$36.0K $36.0K

$35.7K $35.7K

0.70%

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

$26.2K $26.2K

$25.4K $25.4K

3.21%

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

$191 $191

$208 $208

-8.22%

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

$67.9 $67.9

$74.7 $74.7

-9.02%

Internet (50+ Mbps, Unlimited Data)

$61.7 $61.7

$64.8 $64.8

-4.77%

Gym Membership (Monthly)

$63.5 $63.5

$42.24 $42.24

50.26%

Tennis Court (1 Hour on Weekend)

$27.14 $27.14

Cinema Ticket

$18.02 $18.02

$15.21 $15.21

18.47%

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

$1,522 $1,522

$2,026 $2,026

-24.87%

International Primary School, 1 Child (Yearly)

$31.3K $31.3K

$16.3K $16.3K

92.24%

Jeans (Levis 501 Or Similar)

$63.7 $63.7

$50.4 $50.4

26.25%

Summer Dress (H&M, Zara, etc)

$55.3 $55.3

$57.0 $57.0

-3.02%

Sport Shoes (Adidas, Nike)

$100 $100

$88.3 $88.3

13.71%

Men's Leather Business Shoes

$153 $153

$151 $151

1.25%

1-bedroom Apartment, City Center (Monthly)

$2,406 $2,406

$1,587 $1,587

51.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,653 $1,653

$1,285 $1,285

28.63%

3-bedroom Apartment, City Center (Monthly)

$4,577 $4,577

$2,483 $2,483

84.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,771 $2,771

$2,120 $2,120

30.70%

Buy Apartment in City Center (m2)

$4,031 $4,031

$2,791 $2,791

44.41%

Buy Apartment Outside City Center (m2)

$2,745 $2,745

$2,237 $2,237

22.72%

Average Monthly Net Salary (After Tax)

$4,804 $4,804

$6,896 $6,896

-30.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

6.22

2.57%

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

Last update for Chicago, IL: September 13, 2026

Last update for Oyster Bay, NY: September 15, 2026

Cost Breakdown

A central one-bedroom costs $2,406 in Chicago, IL versus $1,587 in Oyster Bay, NY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 44% higher in Oyster Bay, NY, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $88.0 in Chicago, IL versus $98.0 in Oyster Bay, NY. Groceries tell a different story – $464 in Chicago, IL vs $444 in Oyster Bay, NY – so Oyster Bay, NY wins on supermarket bills even if dining out costs more.

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 Oyster Bay, NY: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,117 in Chicago, IL, $2,739 in Oyster Bay, NY – roughly 14% apart. Chicago, IL costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $4,676 per month in Chicago, IL and $4,109 in Oyster Bay, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Oyster Bay, NY, 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 $88.0 in Chicago, IL and $98.0 in Oyster Bay, NY. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 5% 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.

$2,500 is a stretch for both – monthly costs hit $3,117 in Chicago, IL and $2,739 in Oyster Bay, NY. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Chicago, IL has an edge in some lifestyle areas, with costs from $2,739 in Oyster Bay, NY to $3,117 in Chicago, IL. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Oyster Bay, NY. 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.