Budget Travel Tips for Visiting Chicago

The Windy City may be a bustling cultural hub full of incredible experiences, but that doesn’t mean you have to break the bank to explore it. While accommodation typically comes with a hefty price tag, there are countless budget-friendly strategies for enjoying the city without stretching your wallet.

From discounted tickets to mouth-watering cheap eats and affordable public transportation, iBestTravel has compiled essential tips and tricks for visiting Chicago on a budget.

Daily Costs in Chicago

Hostel room: $35-55 (dorm bed)
Basic room for two: $160-275
Self-catering apartment (including Airbnb): $95-180
Public transport ticket: $5 day pass
Coffee: $3
Hot dog: $5-6
Dinner for two: $35-70
Pint of microbrew at the bar: $7-8

1. Identify the Most Affordable Chicago Airport

Chicago houses two principal airports: O’Hare and Midway. Both budget airlines operate flights into either airport; however, Midway may offer slightly lower transport costs to the city center due to its proximity. Popular budget airlines include Spirit and JetBlue at O’Hare, while Southwest and Allegiant serve Midway.

2. Utilize the L Train for Convenient Transport

Both airports offer seamless public transportation connections via the L train, offering an economical alternative to taxis and rideshares. The fare is about $5 from O’Hare, which takes approximately 40 minutes, while Midway provides a slightly cheaper option at around $2.50 for a 30-minute ride.

Pedestrians walk the streets of Chicago while buses and the L whiz by. — Make use of Chicago’s extensive public transit system to save time and money. Andrey Denisyuk/Getty Images

3. Rely on Chicago’s Public Transit System

Avoid parking fees that quickly add up, which can be approximately $7 per hour on downtown meters and an average of $40 per day in garages. Instead, leveraging the L train system—which boasts eight color-coded lines—will transport you to various sights and neighborhoods efficiently and affordably.

An unlimited ride day pass costs just $5, valid across all trains and buses, making it an ideal option for exploring the city extensively.

4. Consider Water Taxis

For a unique perspective of the city, opt for a water taxi instead of pricier architectural boat tours. The Chicago Water Taxi charges just $10 for a day pass, offering a scenic ride along the river while passing iconic skyscrapers.

Two young women walking arm-in-arm in Chicago — Visiting during shoulder seasons can save money on hotels. ireya Acierto/Getty Images

5. Travel During Spring or Fall

To secure the best deals on lodging, consider visiting Chicago in spring or fall. While summer (June through August) is peak tourist season and typically more expensive, the shoulder seasons offer pleasant weather and budget accommodations.

6. Explore Hostel Options

Chicago features several high-quality hostels ideal for budget-conscious travelers. Options such as HI Chicago, Wrigley Hostel, and Chicago Getaway Hostel provide affordable lodging in central locations, making them excellent choices for your stay.

7. Look Beyond the Downtown Core

If you’re seeking savings, explore neighborhoods just outside Chicago’s bustling downtown, like Lincoln Park, Lake View, and Wicker Park. These areas offer affordable accommodations, vibrant nightlife, and numerous dining options.

Crowds browsing a Chicago farmers market during summer — Snag some budget-friendly goodies from one of the city’s many markets, like this one at Daley Plaza. Shelly Bychowski/Getty Images Plus

8. Visit Local Farmers Markets

From May to October, Chicago hosts vibrant farmers markets that feature a wide range of inexpensive meals. The Green City Market in Lincoln Park is renowned for its extensive offerings, while Logan Square Market showcases local produce with live music on Sundays.

9. Discover Cheap Eats in Popular Neighborhoods

Head to Pilsen, Chinatown, Uptown, or Humboldt Park for delicious and budget-friendly dining. Each neighborhood presents a unique culinary scene, from taquerias and bakeries to noodle houses and Puerto Rican restaurants.

10. Scout Local Food Trucks

While Chicago’s food truck fleet is small, these vendors offer delicious options at moderate prices. Trucks generally populate busy areas during lunchtime and are ideal for grabbing a quick yet satisfying meal.

11. Save on Attractions with Discount Passes

For those looking to optimize their budget, consider purchasing discount attraction passes like CityPass or the Go Chicago Pass. These passes provide substantial savings on entry fees to popular museums and sites over the course of several days.

Chicago marathon participants run by the Chicago Theater — Score discounted tickets to Chicago’s thrumming theater scene. Fernanda Paradizo/Shutterstock

12. Check for Discounted Theater Tickets

Hot Tix offers discounted same-week tickets to Chicago’s vibrant theater scene, enabling you to experience top-notch performances at reduced prices. Visit their outlets during the week for the best selection.

13. Know Your baseball Options

With two major league teams in town, baseball fans can find varying ticket prices. Cubs games tend to be pricier; however, the White Sox often offer better deals, especially on Sundays and Mondays.

14. Take Advantage of Free Activities

Chicago boasts a plethora of free attractions, ensuring you won’t pay a dime to enjoy summer concerts, art exhibitions, and beautiful parks. From Millennium Park to the Lincoln Park Zoo and beyond, there are plenty of no-cost activities for everyone!