Cost of Living Comparison Between Elizabeth, NJ and Chicago, IL Cost of Living Comparison Between Elizabeth, NJ and Chicago, IL

Monthly Cost of Living

A single person spends $3,102 per month in Elizabeth, NJ vs $3,084 in Chicago, IL, rent included.

A couple spends around $4,379 per month in Elizabeth, NJ vs $4,637 in Chicago, IL, rent included.

A family of three spends $5,657 per month in Elizabeth, NJ vs $6,191 in Chicago, IL, rent included.

Elizabeth, NJ costs about 1% more than Chicago, IL, driven mainly by Sport & Entertainment.

Both Elizabeth, NJ and Chicago, IL sit above the global median – Elizabeth, NJ by 132%, Chicago, IL by 131%.

Meal at Budget Restaurant

$20.04 $20.04

$20.81 $20.81

-3.70%

Three-Course Dinner for Two, Mid-Range

$98.2 $98.2

$98.6 $98.6

-0.44%

Fast Food Meal (McDonalds, etc)

$12.04 $12.04

$11.90 $11.90

1.18%

Cappuccino

$5.95 $5.95

$5.84 $5.84

1.88%

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

$2.39 $2.39

$3.07 $3.07

-22.15%

Water (0.33 liter bottle)

$1.55 $1.55

$2.35 $2.35

-34.04%

Local Beer (0.5 liter draught)

$6.81 $6.81

$6.87 $6.87

-0.87%

Imported Beer (0.33 liter bottle)

$7.15 $7.15

$8.07 $8.07

-11.40%

Milk (1 liter)

$1.32 $1.32

$1.05 $1.05

25.71%

White Bread (500g)

$4.31 $4.31

$3.98 $3.98

8.29%

Rice (white) (1kg)

$5.63 $5.63

$5.60 $5.60

0.54%

Eggs

$5.47 $5.47

$4.55 $4.55

20.22%

Local Cheese (1kg)

$14.14 $14.14

$14.20 $14.20

-0.42%

Chicken Fillets (1kg)

$11.83 $11.83

$14.90 $14.90

-20.60%

Beef Round Steak (1kg)

$17.34 $17.34

$19.08 $19.08

-9.12%

Apples (1kg)

$5.84 $5.84

$5.31 $5.31

9.98%

Banana (1kg)

$2.68 $2.68

$1.71 $1.71

56.73%

Oranges (1kg)

$4.37 $4.37

$4.24 $4.24

3.07%

Tomato (1kg)

$4.47 $4.47

$4.37 $4.37

2.29%

Potato (1kg)

$3.12 $3.12

$2.56 $2.56

21.88%

Onion (1kg)

$2.83 $2.83

$2.80 $2.80

1.07%

Lettuce (1 head)

$2.82 $2.82

$2.47 $2.47

14.17%

Water (1.5 liter bottle)

$2.55 $2.55

$2.70 $2.70

-5.56%

Cigarettes 20 Pack (Marlboro, Camel)

$14.94 $14.94

$14.95 $14.95

-0.07%

Wine (Bottle)

$15.07 $15.07

$14.73 $14.73

2.31%

Local Beer (0.5 liter bottle)

$2.49 $2.49

$2.37 $2.37

5.06%

Imported Beer (0.33 liter bottle)

$3.63 $3.63

$3.57 $3.57

1.68%

One-way Ticket (Public Transport)

$2.89 $2.89

$2.44 $2.44

18.44%

Public Transport Monthly Pass (Regular Price)

$78.7 $78.7

$75.2 $75.2

4.69%

Taxi Start (Normal Tariff)

$3.01 $3.01

$3.35 $3.35

-10.15%

Taxi (Normal Tariff) (1km)

$2.11 $2.11

$1.37 $1.37

54.01%

Taxi 1hour Waiting (Normal Tariff)

$42.10 $42.10

$25.29 $25.29

66.47%

Gasoline (1 liter)

$0.89 $0.89

$1.09 $1.09

-18.35%

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

$23.9K $23.9K

$32.3K $32.3K

-26.00%

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

$24.1K $24.1K

$26.4K $26.4K

-8.86%

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

$213 $213

$188 $188

13.03%

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

$53.8 $53.8

$63.3 $63.3

-14.91%

Internet (50+ Mbps, Unlimited Data)

$57.7 $57.7

$66.2 $66.2

-12.78%

Gym Membership (Monthly)

$25.42 $25.42

$75.6 $75.6

-66.36%

Tennis Court (1 Hour on Weekend)

$13.20 $13.20

Cinema Ticket

$20.02 $20.02

$14.80 $14.80

35.27%

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

$1,777 $1,777

$2,097 $2,097

-15.23%

International Primary School, 1 Child (Yearly)

$14.3K $14.3K

$38.5K $38.5K

-62.81%

Jeans (Levis 501 Or Similar)

$50.9 $50.9

$64.9 $64.9

-21.58%

Summer Dress (H&M, Zara, etc)

$58.7 $58.7

$51.6 $51.6

13.68%

Sport Shoes (Adidas, Nike)

$86.4 $86.4

$96.3 $96.3

-10.26%

Men's Leather Business Shoes

$124 $124

$146 $146

-14.92%

1-bedroom Apartment, City Center (Monthly)

$2,160 $2,160

$2,332 $2,332

-7.41%

1-bedroom Apartment, Outside City Center (Monthly)

$1,752 $1,752

$1,579 $1,579

11.00%

3-bedroom Apartment, City Center (Monthly)

$2,631 $2,631

$4,775 $4,775

-44.89%

3-bedroom Apartment, Outside City Center (Monthly)

$2,457 $2,457

$2,725 $2,725

-9.84%

Buy Apartment in City Center (m2)

$2,748 $2,748

$4,023 $4,023

-31.70%

Buy Apartment Outside City Center (m2)

$2,362 $2,362

$2,684 $2,684

-12.00%

Average Monthly Net Salary (After Tax)

$5,343 $5,343

$4,981 $4,981

7.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

6.6

-1.36%

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

Last update for Elizabeth, NJ: July 19, 2026

Last update for Chicago, IL: July 20, 2026

Cost Breakdown

A central one-bedroom costs $2,160 in Elizabeth, NJ 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.

Salaries run about 7% higher in Elizabeth, NJ, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $98.0 in Elizabeth, NJ versus $99.0 in Chicago, IL. Groceries tell a different story – $446 in Elizabeth, NJ vs $445 in Chicago, IL – so Chicago, IL 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

Elizabeth, NJ vs Chicago, IL: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,102 in Elizabeth, NJ, $3,084 in Chicago, IL – roughly 1% apart. Elizabeth, NJ costs more across the board, with Sport & Entertainment showing the biggest gap.

For a comfortable life, plan on about $4,653 per month in Elizabeth, NJ 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 Chicago, IL, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 0% more in Elizabeth, NJ, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $98.0 in Elizabeth, NJ and $99.0 in Chicago, IL. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $3,102 in Elizabeth, NJ and $3,084 in Chicago, IL. 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 $3,084 in Chicago, IL to $3,102 in Elizabeth, NJ. Climate, culture, job market, and personal taste all factor in.

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