{"id":25182,"date":"2026-06-19T10:00:00","date_gmt":"2026-06-19T04:30:00","guid":{"rendered":"https:\/\/www.universityliving.com\/blog\/?p=25182"},"modified":"2026-06-18T18:04:39","modified_gmt":"2026-06-18T12:34:39","slug":"students-cost-of-living-in-chicago","status":"publish","type":"post","link":"https:\/\/www.universityliving.com\/blog\/student-finances\/students-cost-of-living-in-chicago\/","title":{"rendered":"Cost of Living in Chicago for Students: 2026"},"content":{"rendered":"\n

Just imagine yourself landing at Chicago’s airport, your heart full of excitement and ambition. Sounds amazing, right? The city is known for its high-rise buildings, vibrant surroundings, and the aroma of sweet bakeries. Chicago offers several world-class universities and a thriving job market to its students.  <\/p>\n\n\n\n

While the cost of living in Chicago is lower than in other US cities, smart budget planning also plays a major role.  On average, an international student needs $1,800-$2,800\/month as their cost of living in Chicago <\/strong>to cover rent, food, transportation, and leisure activities. In this guide, we are going to break down every city expense and guide you about the best student accommodation options in Chicago<\/strong><\/a> for international students. Let\u2019s get into it. Shall we? <\/p>\n\n\n\n

Average Monthly Cost of Living in\u00a0Chicago\u00a0\u00a0<\/strong><\/h2>\n\n\n\n

Living in Chicago has a clear impact on your wallet. For international students, the cost of living in Chicago ranges from $1,800 to $2,800\/month, with rent accounting for half of your monthly budget. Just remember, these costs are subject to change based on your lifestyle preferences. In addition, choosing between private studio apartments in Chicago and shared apartments also affects costs. Shared living can also cut bills in half, leaving room to explore museums, theatres and the city\u2019s vibrant areas. Below is the breakdown of monthly expenses in Chicago for students. <\/p>\n\n\n\n

Expense Category<\/strong> <\/td>Average Monthly Cost<\/strong> <\/td><\/tr>
Rent <\/td>$1,100 – $1,800 <\/td><\/tr>
Food & Groceries <\/td>$300 – $450 <\/td><\/tr>
Transportation <\/td>$75 – $100 <\/td><\/tr>
Utilities <\/td>$100 – $150 <\/td><\/tr>
Internet & Mobile <\/td>$50 – $80 <\/td><\/tr>
Entertainment <\/td>$150 – $300 <\/td><\/tr>
Health & Insurance <\/td>$50 – $100 <\/td><\/tr>
Total Estimated Cost<\/strong> <\/td>$1,825 – $2,980 <\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

Student\u00a0Housing\u00a0Costs in Chicago\u00a0<\/strong><\/h2>\n\n\n\n

Finding the right place for yourself to call home anchors your entire American dream. It consumes roughly 60% of the cost of living in Chicago and shapes your daily peace of mind. Other than this, securing cheap student housing USA<\/strong><\/a> also depends heavily on how you balance your location and space. Trendy areas such as the Loop or Hyde Park command premium prices, whereas the average rent in Chicago can reach $1,800-$2,400\/month<\/strong>.  <\/p>\n\n\n\n

Furthermore, your room type also dictates your bills. PBSAs are generally known for offering modern, community-driven spaces that include utilities in the rent. Conversely, private apartments are known for providing total independence, but they require people to pay hidden bills themselves. To learn more about the types of student housing available in Chicago, keep reading! <\/p>\n\n\n\n

Types of Student\u00a0Housing\u00a0in Chicago\u00a0<\/strong><\/h2>\n\n\n\n

Your choice of student housing in Illinois<\/strong><\/a> determines how your student journey will be. The right place usually means a safe, convenient, and budget-friendly environment. Below are the various student housing types in Chicago:    <\/p>\n\n\n\n

PBSAs:<\/strong> These are specifically designed for students. They provide modern amenities such as 24\/7 security, gyms, and study lounges. They usually include electricity, water, and Wi-Fi in the rent. The rents for these are usually between $1,100 and $1,600\/month.    <\/p>\n\n\n\n

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  1. Studio Rooms:<\/strong>\u00a0To enjoy full independence, several students here opt for studio apartments in Chicago. Known for combining a bed, kitchenette, and bathroom in one self-contained unit, it is perfect for students who like a calm, quiet atmosphere. These rooms typically cost $1,600-$2,300\/month.\u00a0\u00a0\u00a0\u00a0<\/li>\n<\/ol>\n\n\n\n
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    1. En-suite Rooms:<\/strong>\u00a0For students who like a mix of community and solo living, these rooms are ideal. In here, one will get a private bedroom with an attached washroom. These usually range from $1,200 to $1,500\/month.\u00a0\u00a0\u00a0\u00a0<\/li>\n<\/ol>\n\n\n\n
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      1. Shared Apartments:<\/strong>\u00a0As one of the most affordable options, these apartments are ideal for students who love\u00a0socializing\u00a0or want to live with a close-knit group of friends. In this setup, you will share a bedroom, a kitchen, a living area, and a bathroom with your friends. The rent here averages between $700-$1,000\/month.\u00a0\u00a0\u00a0<\/li>\n<\/ol>\n\n\n\n

        Private Apartments:<\/strong> These traditional apartments include a bedroom, kitchen, living area, and bathroom. Rents here range from $1,400 to $2,000\/month. In addition, they require you to manage your utilities separately. But with the level of privacy, freedom, and independence you get here, it’s all worth it. <\/p>\n\n\n\n

        Best Student Areas to Live in\u00a0Chicago\u00a0<\/strong><\/h2>\n\n\n\n

        Finding the perfect student housing is key to a smoother student life. And it directly affects international students’ living costs in Chicago<\/strong>, making daily spending either a smart strategy or a financial burden. Student housing near University of Chicago<\/strong><\/a> helps keep your monthly expenses manageable while giving you the best experience. Below are some of the best student areas to live in Chicago<\/strong><\/a>:  <\/p>\n\n\n\n

        Budget-Friendly Areas\u00a0<\/strong>\u00a0<\/em><\/h3>\n\n\n\n

        Bridgeport<\/strong>    <\/p>\n\n\n\n