Last update: Oct 2026

Cost of Living Comparison Between Schaumburg, IL and New York, NY

For one person, living is cheaper in Schaumburg, IL: $3,270 a month against $4,938 in New York, NY, rent and utilities included – about $20,000 less a year. Rent and utilities account for most of the difference.

157

Cost of Living Index in Schaumburg, IL
Learn more

Schaumburg, IL Living Index
239

Cost of Living Index in New York, NY
Learn more

New York, NY Living Index

Jump to prices

Schaumburg, IL

🇺🇸 United States

$3,270

/mo nomad

New York, NY

🇺🇸 United States

$4,938

/mo nomad

Monthly Cost of Living

How much you'll spend in Schaumburg, IL and in New York, NY

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

A single person spends $3,270 per month in Schaumburg, IL vs $4,938 in New York, NY, rent included.

Schaumburg, IL $3,270
New York, NY $4,938

A couple spends around $4,555 per month in Schaumburg, IL vs $7,273 in New York, NY, rent included.

Schaumburg, IL $4,555
New York, NY $7,273

A family of three spends $5,840 per month in Schaumburg, IL vs $9,608 in New York, NY, rent included.

Schaumburg, IL $5,840
New York, NY $9,608

Schaumburg, IL is about 34% cheaper than New York, NY, and outside of rent the biggest gap is in transport.

Both Schaumburg, IL and New York, NY sit above the global median – Schaumburg, IL by 141%, New York, NY by 264%.

Meal at Budget Restaurant

$15.02 $15.02

$24.99 $24.99

-39.90%

Three-Course Dinner for Two, Mid-Range

$101 $101

$120 $120

-16.31%

Fast Food Meal (McDonalds, etc)

$13.24 $13.24

$13.74 $13.74

-3.64%

Cappuccino

$4.80 $4.80

$6.60 $6.60

-27.27%

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

$2.56 $2.56

$3.82 $3.82

-32.98%

Water (0.33 liter bottle)

$2.22 $2.22

$2.87 $2.87

-22.65%

Local Beer (0.5 liter draught)

$4.53 $4.53

$7.95 $7.95

-43.02%

Imported Beer (0.33 liter bottle)

$6.13 $6.13

$10.06 $10.06

-39.07%

Milk (1 liter)

$0.86 $0.86

$1.37 $1.37

-37.23%

White Bread (500g)

$4.16 $4.16

$4.75 $4.75

-12.42%

Rice (white) (1kg)

$7.50 $7.50

$7.69 $7.69

-2.47%

Eggs

$4.04 $4.04

$5.87 $5.87

-31.18%

Local Cheese (1kg)

$14.89 $14.89

$19.25 $19.25

-22.65%

Chicken Fillets (1kg)

$13.54 $13.54

$17.83 $17.83

-24.06%

Beef Round Steak (1kg)

$17.42 $17.42

$19.03 $19.03

-8.46%

Apples (1kg)

$5.36 $5.36

$6.69 $6.69

-19.88%

Banana (1kg)

$3.06 $3.06

$2.29 $2.29

33.62%

Oranges (1kg)

$4.83 $4.83

$6.41 $6.41

-24.65%

Tomato (1kg)

$4.08 $4.08

$6.75 $6.75

-39.56%

Potato (1kg)

$3.34 $3.34

$3.93 $3.93

-15.01%

Onion (1kg)

$3.26 $3.26

$4.52 $4.52

-27.88%

Lettuce (1 head)

$1.97 $1.97

$2.79 $2.79

-29.39%

Water (1.5 liter bottle)

$3.40 $3.40

$2.51 $2.51

35.46%

Cigarettes 20 Pack (Marlboro, Camel)

$17.77 $17.77

$18.10 $18.10

-1.82%

Wine (Bottle)

$19.19 $19.19

$20.16 $20.16

-4.81%

Local Beer (0.5 liter bottle)

$3.26 $3.26

Imported Beer (0.33 liter bottle)

$5.59 $5.59

$3.75 $3.75

49.07%

One-way Ticket (Public Transport)

$2.92 $2.92

Public Transport Monthly Pass (Regular Price)

$143 $143

Taxi Start (Normal Tariff)

$3.06 $3.06

Taxi (Normal Tariff) (1km)

$2.16 $2.16

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

Gasoline (1 liter)

$0.93 $0.93

$1.12 $1.12

-16.96%

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

$25.9K $25.9K

$33.1K $33.1K

-21.96%

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

$29.3K $29.3K

$25.7K $25.7K

14.00%

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

$339 $339

$219 $219

54.79%

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

$77.6 $77.6

$75.3 $75.3

3.00%

Internet (50+ Mbps, Unlimited Data)

$149 $149

$70.5 $70.5

111.30%

Gym Membership (Monthly)

$64.1 $64.1

$116 $116

-44.49%

Tennis Court (1 Hour on Weekend)

$40.45 $40.45

$67.6 $67.6

-40.18%

Cinema Ticket

$19.63 $19.63

$21.37 $21.37

-8.14%

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

$3,432 $3,432

International Primary School, 1 Child (Yearly)

$85.0K $85.0K

$61.7K $61.7K

37.87%

Jeans (Levis 501 Or Similar)

$74.3 $74.3

$74.9 $74.9

-0.75%

Summer Dress (H&M, Zara, etc)

$50.7 $50.7

$52.1 $52.1

-2.70%

Sport Shoes (Adidas, Nike)

$101 $101

$117 $117

-13.72%

Men's Leather Business Shoes

$121 $121

$135 $135

-10.10%

1-bedroom Apartment, City Center (Monthly)

$1,896 $1,896

$4,347 $4,347

-56.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,713 $1,713

$3,117 $3,117

-45.05%

3-bedroom Apartment, City Center (Monthly)

$2,769 $2,769

$9,110 $9,110

-69.61%

3-bedroom Apartment, Outside City Center (Monthly)

$2,507 $2,507

$5,379 $5,379

-53.40%

Buy Apartment in City Center (m2)

$2,132 $2,132

$19.3K $19.3K

-88.94%

Buy Apartment Outside City Center (m2)

$2,090 $2,090

$6,943 $6,943

-69.90%

Average Monthly Net Salary (After Tax)

$5,001 $5,001

$5,238 $5,238

-4.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.1

6.85

-10.95%

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

Last update for Schaumburg, IL: October 19, 2026

Last update for New York, NY: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Schaumburg, IL

$1.7K 52.4%

New York, NY

$3.1K 63.1% 82% $1.4K

Monthly Utilities & Internet

Schaumburg, IL

$566 17.3%

New York, NY

$365 7.4% 35.5% $201

Groceries & Markets

Schaumburg, IL

$461 * 14.1%

New York, NY

$552 11.2% 19.9% $92

Eating Out

Schaumburg, IL

$271 8.3%

New York, NY

$407 8.2% 49.9% $135

Clothing & Footwear

Schaumburg, IL

$156 4.8%

New York, NY

$170 3.5% 9.1% $14

Sport & Entertainment

Schaumburg, IL

$103 3.2%

New York, NY

$158 3.2% 53.1% $55

Getting Around

Schaumburg, IL

- * 0%

New York, NY

$168 3.4%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,896 in Schaumburg, IL versus $4,347 in New York, NY. 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 5% higher in New York, NY, 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 $101 in Schaumburg, IL versus $120 in New York, NY. Monthly groceries follow the same trend: $461 vs $552 – making Schaumburg, IL the more affordable choice for daily food spending.

Good to know

🇺🇸 Schaumburg, IL

🇺🇸 New York, NY

🕒 Local time

22:17 10:17 PM

23:17 11:17 PM

1 h ahead of Schaumburg, IL

🌤 Weather

👥 Population

78,723

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Schaumburg, IL New York, NY 1,170 km ≈ 2 h nonstop flight

From you

Schaumburg, IL
New York, NY

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

Schaumburg, IL vs New York, NY: Cost of Living - Frequently Asked Questions

New York, NY costs about 51% more than Schaumburg, IL, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,905 per month in Schaumburg, IL and $7,407 in New York, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Schaumburg, IL, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $3,270 in Schaumburg, IL and $4,938 in New York, NY. That's a gap of about 51%.

Groceries cost about 20% more in New York, NY, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,000 is a stretch for both – monthly costs hit $3,270 in Schaumburg, IL and $4,938 in New York, NY. You'll need shared housing and careful budgeting no matter which city you pick.

For digital nomads, it depends on budget. Schaumburg, IL costs $3,270 versus $4,938 in New York, NY. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Schaumburg, IL. If higher salaries, better infrastructure, or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.