Cost of Living Comparison Between Prescott, AZ and Chicago, IL Cost of Living Comparison Between Prescott, AZ and Chicago, IL

Monthly Cost of Living

A single person spends $2,800 per month in Prescott, AZ vs $3,077 in Chicago, IL, rent included.

A couple spends around $3,871 per month in Prescott, AZ vs $4,628 in Chicago, IL, rent included.

A family of three spends $4,942 per month in Prescott, AZ vs $6,179 in Chicago, IL, rent included.

Prescott, AZ is about 9% cheaper than Chicago, IL, driven mainly by Getting Around.

Both Prescott, AZ and Chicago, IL sit above the global median – Prescott, AZ by 109%, Chicago, IL by 130%.

Currency
🍽 Eating Out
Prescott, AZ
Chicago, IL
Difference
Meal at Budget Restaurant
$17.75 $17.75
$20.91 $20.91
-15.11%
Three-Course Dinner for Two, Mid-Range
$69.6 $69.6
$98.1 $98.1
-29.04%
Fast Food Meal (McDonalds, etc)
$11.93 $11.93
$11.86 $11.86
0.59%
Cappuccino
$4.78 $4.78
$5.60 $5.60
-14.64%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.96 $1.96
$3.07 $3.07
-36.16%
Water (0.33 liter bottle)
$1.75 $1.75
$2.47 $2.47
-29.15%
Local Beer (0.5 liter draught)
$5.86 $5.86
$7.14 $7.14
-17.93%
Imported Beer (0.33 liter bottle)
$6.90 $6.90
$8.08 $8.08
-14.60%
πŸ›’ Groceries & Markets
Prescott, AZ
Chicago, IL
Difference
Milk (1 liter)
$0.83 $0.83
$1.05 $1.05
-20.95%
White Bread (500g)
$3.39 $3.39
$4.11 $4.11
-17.52%
Rice (white) (1kg)
$5.30 $5.30
$5.61 $5.61
-5.53%
Eggs
$4.19 $4.19
$4.51 $4.51
-7.10%
Local Cheese (1kg)
$10.90 $10.90
$14.27 $14.27
-23.62%
Chicken Fillets (1kg)
$11.77 $11.77
$14.89 $14.89
-20.95%
Beef Round Steak (1kg)
$15.14 $15.14
$19.19 $19.19
-21.10%
Apples (1kg)
$4.94 $4.94
$5.14 $5.14
-3.89%
Banana (1kg)
$1.38 $1.38
$1.77 $1.77
-22.03%
Oranges (1kg)
$3.94 $3.94
$4.39 $4.39
-10.25%
Tomato (1kg)
$4.06 $4.06
$4.56 $4.56
-10.96%
Potato (1kg)
$2.49 $2.49
$2.54 $2.54
-1.97%
Onion (1kg)
$2.51 $2.51
$2.75 $2.75
-8.73%
Lettuce (1 head)
$1.93 $1.93
$2.42 $2.42
-20.25%
Water (1.5 liter bottle)
$2.36 $2.36
$2.62 $2.62
-9.92%
Cigarettes 20 Pack (Marlboro, Camel)
$9.42 $9.42
$14.92 $14.92
-36.86%
Wine (Bottle)
$12.52 $12.52
$14.80 $14.80
-15.41%
Local Beer (0.5 liter bottle)
$1.76 $1.76
$2.46 $2.46
-28.46%
Imported Beer (0.33 liter bottle)
$3.46 $3.46
$3.73 $3.73
-7.24%
🚌 Getting Around
Prescott, AZ
Chicago, IL
Difference
One-way Ticket (Public Transport)
$2.03 $2.03
$2.48 $2.48
-18.15%
Public Transport Monthly Pass (Regular Price)
-
$75.4 $75.4
-
Taxi Start (Normal Tariff)
$2.80 $2.80
$3.18 $3.18
-11.95%
Taxi (Normal Tariff) (1km)
$1.35 $1.35
$1.42 $1.42
-4.93%
Taxi 1hour Waiting (Normal Tariff)
$35.77 $35.77
$24.94 $24.94
43.42%
Gasoline (1 liter)
$0.93 $0.93
$1.06 $1.06
-12.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$31.0K $31.0K
$31.9K $31.9K
-2.82%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K $26.5K
$26.0K $26.0K
1.84%
🧾 Monthly Utilities & Internet
Prescott, AZ
Chicago, IL
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$202 $202
$185 $185
9.20%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$49.68 $49.68
$61.7 $61.7
-19.53%
Internet (50+ Mbps, Unlimited Data)
$80.1 $80.1
$66.9 $66.9
19.74%
πŸŽ‰ Sport & Entertainment
Prescott, AZ
Chicago, IL
Difference
Gym Membership (Monthly)
$50.5 $50.5
$75.2 $75.2
-32.81%
Tennis Court (1 Hour on Weekend)
-
$13.08 $13.08
-
Cinema Ticket
$13.18 $13.18
$14.71 $14.71
-10.40%
🧸 Childcare & Education
Prescott, AZ
Chicago, IL
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$552 $552
$2,020 $2,020
-72.69%
International Primary School, 1 Child (Yearly)
$15.8K $15.8K
$39.4K $39.4K
-59.79%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Prescott, AZ
Chicago, IL
Difference
Jeans (Levis 501 Or Similar)
$51.0 $51.0
$64.6 $64.6
-21.11%
Summer Dress (H&M, Zara, etc)
$39.44 $39.44
$52.5 $52.5
-24.80%
Sport Shoes (Adidas, Nike)
$79.8 $79.8
$97.8 $97.8
-18.45%
Men's Leather Business Shoes
$104 $104
$148 $148
-29.76%
🏠 Accommodation & Living
Prescott, AZ
Chicago, IL
Difference
1-bedroom Apartment, City Center (Monthly)
$1,517 $1,517
$2,313 $2,313
-34.38%
1-bedroom Apartment, Outside City Center (Monthly)
$1,669 $1,669
$1,590 $1,590
4.96%
3-bedroom Apartment, City Center (Monthly)
$2,710 $2,710
$4,608 $4,608
-41.20%
3-bedroom Apartment, Outside City Center (Monthly)
$2,264 $2,264
$2,779 $2,779
-18.51%
Buy Apartment in City Center (m2)
$4,256 $4,256
$3,922 $3,922
8.53%
Buy Apartment Outside City Center (m2)
$3,794 $3,794
$2,613 $2,613
45.22%
πŸ’΅ Salaries & Financials
Prescott, AZ
Chicago, IL
Difference
Average Monthly Net Salary (After Tax)
$3,897 $3,897
$5,217 $5,217
-25.30%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.46
6.6
-2.12%

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

Last update for Prescott, AZ: June 1, 2026

Last update for Chicago, IL: May 30, 2026

Cost Breakdown

A central one-bedroom costs $1,517 in Prescott, AZ versus $2,313 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 34% higher in Chicago, IL, 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 $70.0 in Prescott, AZ versus $98.0 in Chicago, IL. Monthly groceries follow the same trend: $375 vs $447 – making Prescott, AZ 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
Prescott, AZ vs Chicago, IL: Cost of Living - Frequently Asked Questions
How do living costs in Prescott, AZ and Chicago, IL compare overall?
Monthly costs with rent: $2,800 in Prescott, AZ, $3,077 in Chicago, IL – roughly 10% apart. Chicago, IL costs more across the board, with Getting Around showing the biggest gap.
What salary covers living expenses in Prescott, AZ compared to Chicago, IL?
For a comfortable life, plan on about $4,201 per month in Prescott, AZ and $4,616 in Chicago, IL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Prescott, AZ and Chicago, IL?
Rent is clearly cheaper in Prescott, AZ, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper restaurants?
A mid-range dinner for two costs $70.0 in Prescott, AZ and $98.0 in Chicago, IL. That's a good indicator of the overall restaurant and cafΓ© pricing gap between the two cities.
Which city has cheaper grocery shopping?
Groceries cost about 19% 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.
Which city is feasible on a $2,500 budget?
$2,500 is a stretch for both – monthly costs hit $2,800 in Prescott, AZ and $3,077 in Chicago, IL. You'll need shared housing and careful budgeting no matter which city you pick.
How does quality of life compare between Prescott, AZ and Chicago, IL?
It depends on your priorities. Chicago, IL has an edge in some lifestyle areas, with costs from $2,800 in Prescott, AZ to $3,077 in Chicago, IL. Climate, culture, job market, and personal taste all factor in.
How do I decide between Prescott, AZ and Chicago, IL?
If budget matters most, go with Prescott, AZ. 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.

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