Monthly Budget in Chicago for a Family of Four
What it costs two adults, two children to live in Chicago, IL in 2026.
$4,908
Total Monthly
$10,907
Salary Needed
107
Cost Index
Complete Monthly Budget
| Category | Expense | Monthly Cost |
|---|---|---|
| Essential | Rent (3BR apartment) | $1,926 |
| Essential | Groceries & household supplies | $140 |
| Essential | Utilities (electric, gas, water) | $27 |
| Essential | Transportation (gas, transit, maintenance) | $62 |
| Essential | Car insurance | $316 |
| Essential | Health insurance (family plan) | $139 |
| Lifestyle | Internet & streaming | $80 |
| Lifestyle | Phone plan (4 lines) | $238 |
| Lifestyle | Dining out & takeout | $375 |
| Lifestyle | Entertainment & recreation | $321 |
| Essential | Childcare (2 children) | $1,284 |
| Essentials Subtotal | $3,894 | |
| Lifestyle Subtotal | $1,014 | |
| Total Monthly Budget | $4,908 |
💡 Salary Needed: To live in Chicago as two adults, two children with a 20% savings margin, you need approximately $10,907/year before taxes.Check affordability →