Chicago, ILRome, Italy
You would need around 36.9% less money in Rome, Italy to maintain the same standard of living you have in Chicago, IL.
Overall Cost of Living
Rome, Italy is cheaper than Chicago, IL
1-Bed Rent (City Center)
Groceries (Monthly)
Average Net Salary
Editorial Insight: Planning a move from Chicago, IL to Rome, Italy? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Rome, Italy is 36.9% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Rome, Italy's center costs around 1,281 USD, which is a staggering 46.8% less than in Chicago, IL. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.
Reviewed by the Remote Wealth Editorial Team
Our cost of living data for Chicago, IL and Rome, Italy is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.
Read more about our team →Salary Comparator
Find out exactly how much you need to earn in Rome, Italy to maintain your current lifestyle in Chicago, IL.
You need in Rome, Italy
3,242 USD
Geo-Arbitrage FIRE
Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.
By moving from Chicago, IL to Rome, Italy and investing the 37% cost of living difference, you could reach FIRE 5.5 years earlier.
Budget Simulator
Instantly adapt your Chicago, IL budget to local Rome, Italy prices. We automatically adjust housing, groceries, and leisure categories.
Investment Planner
You save 1125 USD every month on rent alone by moving to Rome, Italy.
Investing this rent difference in an S&P 500 index fund could grow to ~189,000 USD in 10 years.