Cost of Living Comparison Between Rancho Palos Verdes, CA and Chicago, IL Cost of Living Comparison Between Rancho Palos Verdes, CA and Chicago, IL

Monthly Cost of Living

A single person spends $2,869 per month in Rancho Palos Verdes, CA vs $3,106 in Chicago, IL, rent included.

A couple spends around $4,277 per month in Rancho Palos Verdes, CA vs $4,599 in Chicago, IL, rent included.

A family of three spends $5,686 per month in Rancho Palos Verdes, CA vs $6,092 in Chicago, IL, rent included.

Rancho Palos Verdes, CA is about 8% cheaper than Chicago, IL, driven mainly by Eating Out.

Both Rancho Palos Verdes, CA and Chicago, IL sit above the global median – Rancho Palos Verdes, CA by 109%, Chicago, IL by 126%.

Meal at Budget Restaurant

$29.79 $29.79

$19.86 $19.86

50.00%

Three-Course Dinner for Two, Mid-Range

$99.4 $99.4

$88.3 $88.3

12.52%

Fast Food Meal (McDonalds, etc)

$15.23 $15.23

$13.23 $13.23

15.12%

Cappuccino

$6.42 $6.42

$5.86 $5.86

9.56%

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

$3.38 $3.38

$2.61 $2.61

29.50%

Water (0.33 liter bottle)

$2.88 $2.88

$2.32 $2.32

24.14%

Local Beer (0.5 liter draught)

$7.97 $7.97

$7.03 $7.03

13.37%

Imported Beer (0.33 liter bottle)

$12.04 $12.04

$9.25 $9.25

30.16%

Milk (1 liter)

$1.29 $1.29

$1.34 $1.34

-3.73%

White Bread (500g)

$4.46 $4.46

$4.19 $4.19

6.44%

Rice (white) (1kg)

$4.89 $4.89

$5.50 $5.50

-11.09%

Eggs

$3.04 $3.04

$4.71 $4.71

-35.46%

Local Cheese (1kg)

$17.10 $17.10

$14.72 $14.72

16.17%

Chicken Fillets (1kg)

$13.07 $13.07

$14.53 $14.53

-10.05%

Beef Round Steak (1kg)

$20.67 $20.67

$19.69 $19.69

4.98%

Apples (1kg)

$4.64 $4.64

$5.64 $5.64

-17.73%

Banana (1kg)

$1.86 $1.86

$1.97 $1.97

-5.58%

Oranges (1kg)

$4.51 $4.51

$4.04 $4.04

11.63%

Tomato (1kg)

$5.04 $5.04

$5.07 $5.07

-0.59%

Potato (1kg)

$3.41 $3.41

$2.94 $2.94

15.99%

Onion (1kg)

$2.66 $2.66

$2.92 $2.92

-8.90%

Lettuce (1 head)

$2.08 $2.08

$2.28 $2.28

-8.77%

Water (1.5 liter bottle)

$2.24 $2.24

$3.12 $3.12

-28.21%

Cigarettes 20 Pack (Marlboro, Camel)

$11.73 $11.73

$16.19 $16.19

-27.55%

Wine (Bottle)

$15.28 $15.28

$15.17 $15.17

0.73%

Local Beer (0.5 liter bottle)

$2.13 $2.13

$2.67 $2.67

-20.22%

Imported Beer (0.33 liter bottle)

$3.18 $3.18

$3.48 $3.48

-8.62%

One-way Ticket (Public Transport)

$1.93 $1.93

$2.54 $2.54

-24.02%

Public Transport Monthly Pass (Regular Price)

$76.0 $76.0

Taxi Start (Normal Tariff)

$2.91 $2.91

$3.16 $3.16

-7.91%

Taxi (Normal Tariff) (1km)

$2.01 $2.01

$1.37 $1.37

46.72%

Taxi 1hour Waiting (Normal Tariff)

$28.06 $28.06

$22.66 $22.66

23.83%

Gasoline (1 liter)

$1.43 $1.43

$1.20 $1.20

19.17%

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

$37.6K $37.6K

$37.0K $37.0K

1.67%

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

$25.6K $25.6K

$26.0K $26.0K

-1.52%

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

$259 $259

$190 $190

36.72%

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

$73.8 $73.8

$68.5 $68.5

7.80%

Internet (50+ Mbps, Unlimited Data)

$85.2 $85.2

$61.1 $61.1

39.62%

Gym Membership (Monthly)

$35.51 $35.51

$63.8 $63.8

-44.32%

Tennis Court (1 Hour on Weekend)

$27.80 $27.80

Cinema Ticket

$10.13 $10.13

$18.28 $18.28

-44.58%

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

$1,926 $1,926

$1,525 $1,525

26.33%

International Primary School, 1 Child (Yearly)

$36.8K $36.8K

$32.0K $32.0K

14.92%

Jeans (Levis 501 Or Similar)

$70.3 $70.3

$64.0 $64.0

9.73%

Summer Dress (H&M, Zara, etc)

$58.9 $58.9

$54.4 $54.4

8.18%

Sport Shoes (Adidas, Nike)

$115 $115

$101 $101

13.92%

Men's Leather Business Shoes

$148 $148

$153 $153

-3.74%

1-bedroom Apartment, City Center (Monthly)

$1,575 $1,575

$2,421 $2,421

-34.94%

1-bedroom Apartment, Outside City Center (Monthly)

$1,302 $1,302

$1,690 $1,690

-22.98%

3-bedroom Apartment, City Center (Monthly)

$2,529 $2,529

$4,584 $4,584

-44.83%

3-bedroom Apartment, Outside City Center (Monthly)

$2,135 $2,135

$2,782 $2,782

-23.26%

Buy Apartment in City Center (m2)

$2,721 $2,721

$4,170 $4,170

-34.74%

Buy Apartment Outside City Center (m2)

$2,374 $2,374

$2,739 $2,739

-13.33%

Average Monthly Net Salary (After Tax)

$9,904 $9,904

$4,777 $4,777

107.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.75

6.38

-9.87%

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

Last update for Rancho Palos Verdes, CA: August 30, 2026

Last update for Chicago, IL: August 29, 2026

Cost Breakdown

A central one-bedroom costs $1,575 in Rancho Palos Verdes, CA versus $2,421 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 107% higher in Rancho Palos Verdes, CA, 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 $99.0 in Rancho Palos Verdes, CA versus $88.0 in Chicago, IL. Groceries tell a different story – $444 in Rancho Palos Verdes, CA vs $465 in Chicago, IL – so Rancho Palos Verdes, CA 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

Rancho Palos Verdes, CA vs Chicago, IL: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,869 in Rancho Palos Verdes, CA, $3,106 in Chicago, IL – roughly 8% apart. Chicago, IL costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $4,303 per month in Rancho Palos Verdes, CA and $4,659 in Chicago, IL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Rancho Palos Verdes, CA, 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 $99.0 in Rancho Palos Verdes, CA and $88.0 in Chicago, IL. 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 $2,869 in Rancho Palos Verdes, CA and $3,106 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 $2,869 in Rancho Palos Verdes, CA to $3,106 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 Rancho Palos Verdes, CA. 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.