City Comparison

Chicago vs Stockholm

Cost of Living Comparison 2026

Stockholm is ~11% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Chicago

United States

COL+Rent

57.1

Rent Index

44

Groceries

72.9

Restaurant

73.7

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Monthly Cost Comparison

CategoryChicagoStockholmDiff
Rent (1BR City)$1,998$1,449+$549
Rent (1BR Outside)$1,566$1,139+$427
Groceries$418$339+$79
Restaurant Meal$22$17+$5
Transit Pass$73$93$20
Utilities$169$103+$66

Monthly Budget Comparison

LifestyleChicagoStockholm
Minimal$2,189/mo$1,640/mo
Typical$2,988/mo$2,239/mo
Comfortable$3,701/mo$2,779/mo

Purchasing Power Equivalence

Budget in Chicago≈ in StockholmDifference
$1,500/mo$1,340/mo-$160
$2,000/mo$1,786/mo-$214
$3,000/mo$2,680/mo-$320

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Chicago vs Stockholm for Expats & Remote Workers

Our data shows Stockholm is approximately 11% more affordable than Chicago when combining rent and daily living costs. Chicago's COL+Rent Index of 57.1 vs Stockholm's 51 (both measured against New York City = 100) reflects a relatively small gap, meaning the decision between these cities often comes down to lifestyle preferences rather than pure cost.

Housing is the biggest differentiator: a city-center one-bedroom in Chicago costs $1,998/month versus $1,449/month in Stockholmgiving Stockholm a $549/month advantage on housing alone. Over a full year, this rent difference alone amounts to $6,588 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Chicago ($418/mo) vs Stockholm ($339/mo) reflect Stockholm's lower food prices, while restaurant meals at $22 vs $17 show Stockholm offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Stockholm offers meaningfully better value — your typical monthly budget of $2,239 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Chicago or Stockholm cheaper to live in?
Stockholm is approximately 11% cheaper overall. Chicago's COL+Rent Index is 57.1 vs Stockholm's 51 (NYC = 100).
How much is rent in Chicago vs Stockholm?
A 1BR in Chicago city center costs ~$1,998/mo vs $1,449/mo in Stockholm. Outside the center: $1,566 vs $1,139.
What is $2,000/month in Chicago worth in Stockholm?
Using cost-of-living adjustment, $2,000/month in Chicago has the purchasing power of approximately $1,786/month in Stockholm.
Are groceries cheaper in Chicago or Stockholm?
Monthly groceries cost approximately $418 in Chicago vs $339 in Stockholm. Groceries Index: 72.9 vs 59.6 (NYC = 100).