Money & Costs in Chicago

Accommodation Costs

Chicago offers a wide range of lodging options, from budget hostels to luxury high-rise hotels with skyline views. Budget stays typically range from $80–$150 per night, while mid-range hotels cost around $160–$300. Luxury hotels in prime areas like The Loop or along the Magnificent Mile can exceed $350 per night. Prices often rise during peak travel seasons and major events.

Food and Dining Expenses

Chicago is famous for its diverse food scene, including deep-dish pizza, hot dogs, and fine dining. Casual meals generally cost $12–$20, while mid-range restaurants range from $20–$50 per person. Upscale dining can exceed $60. Street food and local favorites are great budget options, while iconic dishes may come at a higher price but are worth trying.

Transportation Costs

Chicago has one of the best public transit systems in the U.S., operated by CTA, which includes buses and the “L” train system. Public transportation is affordable and convenient for getting around the city. Ride-sharing is widely available, while car rentals cost around $50–$90 per day, plus parking fees, which can be expensive in downtown areas.

Entertainment and Activity Costs

Chicago offers many attractions, some free and others moderately priced. Free highlights include Millennium Park and lakefront views. Museums and attractions usually cost $15–$30, while experiences like observation decks or boat tours can range from $30–$100. Sports games, concerts, and festivals may cost more depending on the event.