Last update: Oct 2026

Cost of Living Comparison Between Olean, NY and Chicago, IL

For one person, living is cheaper in Olean, NY: $2,459 a month against $3,037 in Chicago, IL, rent and utilities included – about $6,900 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Olean, NY
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Olean, NY Living Index
147

Cost of Living Index in Chicago, IL
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Chicago, IL Living Index

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Olean, NY

🇺🇸 United States

$2,459

/mo nomad

Chicago, IL

🇺🇸 United States

$3,037

/mo nomad

Monthly Cost of Living

How much you'll spend in Olean, NY and in Chicago, IL

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Olean, NY and in Chicago, IL actually costs, broken down by who's living it.

A single person spends $2,459 per month in Olean, NY vs $3,037 in Chicago, IL, rent included.

Olean, NY $2,459
Chicago, IL $3,037

A couple spends around $3,782 per month in Olean, NY vs $4,518 in Chicago, IL, rent included.

Olean, NY $3,782
Chicago, IL $4,518

A family of three spends $5,106 per month in Olean, NY vs $5,999 in Chicago, IL, rent included.

Olean, NY $5,106
Chicago, IL $5,999

Olean, NY is about 19% cheaper than Chicago, IL, and outside of rent the biggest gap is in groceries.

Both Olean, NY and Chicago, IL sit above the global median – Olean, NY by 81%, Chicago, IL by 123%.

Meal at Budget Restaurant

$19.90 $19.90

$20.71 $20.71

-3.91%

Three-Course Dinner for Two, Mid-Range

$75.4 $75.4

$89.2 $89.2

-15.52%

Fast Food Meal (McDonalds, etc)

$11.62 $11.62

$13.19 $13.19

-11.90%

Cappuccino

$5.46 $5.46

$5.66 $5.66

-3.53%

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

$2.73 $2.73

$2.64 $2.64

3.41%

Water (0.33 liter bottle)

$2.04 $2.04

$2.28 $2.28

-10.53%

Local Beer (0.5 liter draught)

$5.86 $5.86

$6.87 $6.87

-14.70%

Imported Beer (0.33 liter bottle)

$7.30 $7.30

$8.84 $8.84

-17.42%

Milk (1 liter)

$1.06 $1.06

$1.25 $1.25

-15.20%

White Bread (500g)

$3.52 $3.52

$3.72 $3.72

-5.38%

Rice (white) (1kg)

$4.44 $4.44

$5.39 $5.39

-17.63%

Eggs

$4.17 $4.17

$4.74 $4.74

-12.03%

Local Cheese (1kg)

$12.59 $12.59

$13.84 $13.84

-9.03%

Chicken Fillets (1kg)

$11.38 $11.38

$14.40 $14.40

-20.97%

Beef Round Steak (1kg)

$17.33 $17.33

$18.38 $18.38

-5.71%

Apples (1kg)

$5.05 $5.05

$5.22 $5.22

-3.26%

Banana (1kg)

$1.62 $1.62

$1.98 $1.98

-18.18%

Oranges (1kg)

$4.29 $4.29

$4.06 $4.06

5.67%

Tomato (1kg)

$4.64 $4.64

$4.97 $4.97

-6.64%

Potato (1kg)

$2.76 $2.76

$2.67 $2.67

3.37%

Onion (1kg)

$3.04 $3.04

$2.66 $2.66

14.29%

Lettuce (1 head)

$2.09 $2.09

$2.24 $2.24

-6.70%

Water (1.5 liter bottle)

$2.31 $2.31

$3.13 $3.13

-26.20%

Cigarettes 20 Pack (Marlboro, Camel)

$9.95 $9.95

$13.82 $13.82

-28.00%

Wine (Bottle)

$14.71 $14.71

$14.88 $14.88

-1.14%

Local Beer (0.5 liter bottle)

$1.97 $1.97

$2.54 $2.54

-22.44%

Imported Beer (0.33 liter bottle)

$3.29 $3.29

$3.51 $3.51

-6.27%

One-way Ticket (Public Transport)

$2.29 $2.29

$2.43 $2.43

-5.76%

Public Transport Monthly Pass (Regular Price)

$52.3 $52.3

$73.5 $73.5

-28.91%

Taxi Start (Normal Tariff)

$3.54 $3.54

$3.18 $3.18

11.32%

Taxi (Normal Tariff) (1km)

$1.79 $1.79

$1.39 $1.39

28.78%

Taxi 1hour Waiting (Normal Tariff)

$31.75 $31.75

$25.03 $25.03

26.85%

Gasoline (1 liter)

$1.21 $1.21

$1.20 $1.20

0.83%

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

$31.4K $31.4K

$35.0K $35.0K

-10.32%

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

$24.0K $24.0K

$26.7K $26.7K

-10.00%

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

$206 $206

$194 $194

6.03%

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

$50.2 $50.2

$69.5 $69.5

-27.70%

Internet (50+ Mbps, Unlimited Data)

$64.0 $64.0

$61.6 $61.6

3.86%

Gym Membership (Monthly)

$36.55 $36.55

$47.90 $47.90

-23.70%

Tennis Court (1 Hour on Weekend)

$27.34 $27.34

Cinema Ticket

$15.49 $15.49

$17.81 $17.81

-13.03%

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

$1,425 $1,425

$1,794 $1,794

-20.55%

International Primary School, 1 Child (Yearly)

$21.7K $21.7K

$31.9K $31.9K

-31.92%

Jeans (Levis 501 Or Similar)

$56.8 $56.8

$67.0 $67.0

-15.31%

Summer Dress (H&M, Zara, etc)

$43.57 $43.57

$52.1 $52.1

-16.44%

Sport Shoes (Adidas, Nike)

$84.5 $84.5

$102 $102

-16.77%

Men's Leather Business Shoes

$105 $105

$144 $144

-27.30%

1-bedroom Apartment, City Center (Monthly)

$1,553 $1,553

$2,526 $2,526

-38.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,146 $1,146

$1,578 $1,578

-27.38%

3-bedroom Apartment, City Center (Monthly)

$2,600 $2,600

$4,738 $4,738

-45.13%

3-bedroom Apartment, Outside City Center (Monthly)

$2,216 $2,216

$2,693 $2,693

-17.71%

Buy Apartment in City Center (m2)

$3,018 $3,018

$4,190 $4,190

-27.96%

Buy Apartment Outside City Center (m2)

$2,460 $2,460

$2,768 $2,768

-11.14%

Average Monthly Net Salary (After Tax)

$4,931 $4,931

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

6.81

-3.52%

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

Last update for Olean, NY: October 26, 2026

Last update for Chicago, IL: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Olean, NY

$1.1K 46.6%

Chicago, IL

$1.6K 52% 37.7% $432

Groceries & Markets

Olean, NY

$399 16.2%

Chicago, IL

$447 14.7% 12.2% $49

Eating Out

Olean, NY

$322 13.1%

Chicago, IL

$345 11.4% 7% $22

Monthly Utilities & Internet

Olean, NY

$320 13%

Chicago, IL

$326 10.7% 1.6% $5.2

Clothing & Footwear

Olean, NY

$130 5.3%

Chicago, IL

$164 5.4% 26% $34

Getting Around

Olean, NY

$74 3%

Chicago, IL

$93 3.1% 26.4% $19

Sport & Entertainment

Olean, NY

$68 2.8%

Chicago, IL

$84 2.8% 23.7% $16

Cost Breakdown

A central one-bedroom costs $1,553 in Olean, NY versus $2,526 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 $75 in Olean, NY versus $89 in Chicago, IL. Monthly groceries follow the same trend: $399 vs $447 – making Olean, NY the more affordable choice for daily food spending.

Good to know

🇺🇸 Olean, NY

🇺🇸 Chicago, IL

🕒 Local time

14:39 2:39 PM

13:39 1:39 PM

1 h behind Olean, NY

🌤 Weather

👥 Population

13,937

2,746,388

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.898 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Olean, NY Chicago, IL 760 km ≈ 1 h 30 min nonstop flight

From you

Olean, NY
Chicago, IL

Distances are measured in a straight line. Your location is detected approximately.

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

Olean, NY vs Chicago, IL: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,459 in Olean, NY, $3,037 in Chicago, IL – roughly 23% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,689 per month in Olean, NY and $4,555 in Chicago, IL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Olean, NY, especially for central apartments: a one-bedroom in the center costs $1,553 there versus $2,526 in Chicago, IL.

Groceries cost about 12% 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 mid-range dinner for two costs $75 in Olean, NY and $89 in Chicago, IL. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 is a stretch for both – monthly costs hit $2,459 in Olean, NY and $3,037 in Chicago, IL. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Olean, NY – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

For expats, Olean, NY is the easier option financially – housing and daily costs are lower, and the 23% gap matters a lot on a fixed budget or early-career salary.