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

Monthly Cost of Living

A single person spends $3,152 per month in Newark, NJ vs $3,051 in Chicago, IL, rent included.

A couple spends around $4,546 per month in Newark, NJ vs $4,638 in Chicago, IL, rent included.

A family of three spends $5,940 per month in Newark, NJ vs $6,224 in Chicago, IL, rent included.

Newark, NJ costs about 3% more than Chicago, IL, driven mainly by Groceries & Markets.

Both Newark, NJ and Chicago, IL sit above the global median – Newark, NJ by 135%, Chicago, IL by 128%.

Meal at Budget Restaurant

$19.84 $19.84

$20.67 $20.67

-4.02%

Three-Course Dinner for Two, Mid-Range

$89.3 $89.3

$100 $100

-11.08%

Fast Food Meal (McDonalds, etc)

$11.95 $11.95

$11.86 $11.86

0.76%

Cappuccino

$4.87 $4.87

$5.54 $5.54

-12.09%

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

$2.70 $2.70

$3.06 $3.06

-11.76%

Water (0.33 liter bottle)

$2.02 $2.02

$2.48 $2.48

-18.55%

Local Beer (0.5 liter draught)

$6.11 $6.11

$6.92 $6.92

-11.71%

Imported Beer (0.33 liter bottle)

$6.84 $6.84

$8.13 $8.13

-15.87%

Milk (1 liter)

$1.42 $1.42

$1.04 $1.04

36.54%

White Bread (500g)

$4.42 $4.42

$3.91 $3.91

13.04%

Rice (white) (1kg)

$8.30 $8.30

$5.42 $5.42

53.14%

Eggs

$5.82 $5.82

$4.48 $4.48

29.91%

Local Cheese (1kg)

$15.11 $15.11

$14.52 $14.52

4.06%

Chicken Fillets (1kg)

$16.41 $16.41

$15.21 $15.21

7.89%

Beef Round Steak (1kg)

$21.27 $21.27

$19.25 $19.25

10.49%

Apples (1kg)

$7.72 $7.72

$5.39 $5.39

43.23%

Banana (1kg)

$2.56 $2.56

$1.69 $1.69

51.48%

Oranges (1kg)

$5.75 $5.75

$4.32 $4.32

33.10%

Tomato (1kg)

$6.54 $6.54

$4.51 $4.51

45.01%

Potato (1kg)

$3.66 $3.66

$2.56 $2.56

42.97%

Onion (1kg)

$3.91 $3.91

$2.70 $2.70

44.81%

Lettuce (1 head)

$2.99 $2.99

$2.41 $2.41

24.07%

Water (1.5 liter bottle)

$2.48 $2.48

$2.62 $2.62

-5.34%

Cigarettes 20 Pack (Marlboro, Camel)

$13.08 $13.08

$15.02 $15.02

-12.92%

Wine (Bottle)

$19.82 $19.82

$14.71 $14.71

34.74%

Local Beer (0.5 liter bottle)

$2.05 $2.05

$2.48 $2.48

-17.34%

Imported Beer (0.33 liter bottle)

$3.82 $3.82

$3.69 $3.69

3.52%

One-way Ticket (Public Transport)

$6.18 $6.18

$2.55 $2.55

142.35%

Public Transport Monthly Pass (Regular Price)

$55.8 $55.8

$75.5 $75.5

-26.14%

Taxi Start (Normal Tariff)

$2.98 $2.98

$3.29 $3.29

-9.42%

Taxi (Normal Tariff) (1km)

$1.36 $1.36

$1.43 $1.43

-4.90%

Taxi 1hour Waiting (Normal Tariff)

$21.70 $21.70

$24.72 $24.72

-12.22%

Gasoline (1 liter)

$0.87 $0.87

$1.09 $1.09

-20.18%

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

$29.9K $29.9K

$31.8K $31.8K

-5.76%

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

$26.6K $26.6K

$26.4K $26.4K

0.46%

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

$269 $269

$183 $183

46.52%

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

$63.7 $63.7

$61.8 $61.8

2.94%

Internet (50+ Mbps, Unlimited Data)

$75.4 $75.4

$65.0 $65.0

15.97%

Gym Membership (Monthly)

$29.43 $29.43

$76.1 $76.1

-61.32%

Tennis Court (1 Hour on Weekend)

$17.30 $17.30

$13.04 $13.04

32.67%

Cinema Ticket

$14.86 $14.86

$14.75 $14.75

0.75%

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

$2,095 $2,095

$2,056 $2,056

1.86%

International Primary School, 1 Child (Yearly)

$43.5K $43.5K

$38.5K $38.5K

13.08%

Jeans (Levis 501 Or Similar)

$51.7 $51.7

$63.9 $63.9

-19.10%

Summer Dress (H&M, Zara, etc)

$42.09 $42.09

$51.6 $51.6

-18.41%

Sport Shoes (Adidas, Nike)

$111 $111

$97.3 $97.3

14.11%

Men's Leather Business Shoes

$172 $172

$147 $147

16.61%

1-bedroom Apartment, City Center (Monthly)

$2,358 $2,358

$2,349 $2,349

0.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,538 $1,538

$1,581 $1,581

-2.75%

3-bedroom Apartment, City Center (Monthly)

$3,295 $3,295

$4,708 $4,708

-30.01%

3-bedroom Apartment, Outside City Center (Monthly)

$2,563 $2,563

$2,716 $2,716

-5.64%

Buy Apartment in City Center (m2)

$5,607 $5,607

$3,976 $3,976

41.01%

Buy Apartment Outside City Center (m2)

$5,652 $5,652

$2,632 $2,632

114.76%

Average Monthly Net Salary (After Tax)

$3,510 $3,510

$4,723 $4,723

-25.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.63

6.6

0.45%

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

Last update for Newark, NJ: April 21, 2026

Last update for Chicago, IL: April 20, 2026

Cost Breakdown

A central one-bedroom costs $2,358 in Newark, NJ versus $2,349 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 35% higher in Chicago, IL, 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 $89 in Newark, NJ versus $100 in Chicago, IL. Groceries tell a different story – $534 in Newark, NJ vs $447 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

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

Monthly costs with rent: $3,152 in Newark, NJ, $3,051 in Chicago, IL – roughly 3% apart. Newark, NJ costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $4,729 per month in Newark, NJ and $4,577 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 19% more in Newark, 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 $89.0 in Newark, NJ and $100 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 $3,152 in Newark, NJ and $3,051 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 $3,051 in Chicago, IL to $3,152 in Newark, 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, Newark, NJ makes more sense. Both are solid long-term options with distinct trade-offs.