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Chicago vs London

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in London, UK, you'd need

$90,899 / year

London, UK is 21% more expensive overall

Category breakdown (London, UK vs Chicago, IL)

  • Housing+39%
  • Food & groceries+12%
  • Transport+16%
  • Utilities+30%
  • Healthcare-19%
  • Goods & services+13%

Full comparison

Chicago, ILLondon, UK
Cost of living
Overall cost index113138
Housing128178
Food105118
Transport112130
Utilities100130
Healthcare10888
Goods & services108122
Housing
Rent, 1-bed centre$1,900/mo$2,600/mo
Rent, 1-bed outside$1,450/mo$1,850/mo
Rent, 3-bed centre$3,600/mo$5,200/mo
Buy price / m² centre$5,500$16,000
Money & purchasing power
$1,000 goes as far as$881$727
Inexpensive meal$18$20
Monthly transit pass$105$200
Taxes
Income tax (top rate)37%45%
VAT / sales tax0%20%
Social security (employee)7.7%8%
Corporate tax21%25%
Capital gains20%24%
Economy & salaries
Avg net salary$4,300/mo$2,900/mo
Minimum wage$1,257/mo$2,050/mo
GDP per capita$82,000$49,000
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces90250
Time zoneUTC-6UTC+0
Quality of life
Safety index4855
Healthcare index8074
Pollution index4560
Internet speed200 Mbps90 Mbps
Walkability7888
Public transport7892
Family-friendly6062
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo
Life expectancy79 yr81 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg-4 °C+5 °C
July avg+24 °C+19 °C
Sunny days / year189106
Rainfall / year950 mm690 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: United States vs United Kingdom. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is Chicago cheaper than London?

London is about 21% more expensive than Chicago overall — its cost-of-living index is 138 versus 113 for Chicago.

How much do you need to earn in London to live like in Chicago?

To keep the same standard of living, a $75,000 salary in Chicago is worth about $90,899 in London. Enter your own figure in the calculator above.

Which has lower taxes, Chicago or London?

United States has the lower top income-tax rate — 37% versus 45% in United Kingdom.

More comparisons from Chicago

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.