Electricity prices in Chicago, IL
Households in Chicago pay 19.3¢/kWh (Illinois average), about $135 a month for 697 kWh a month, the Illinois household average.
Monthly electricity bill by consumption
| Consumption | Per month | Per year |
|---|---|---|
| 500 kWh a month | $97 | $1,159 |
| 1,000 kWh a month | $193 | $2,318 |
| 1,500 kWh a month | $290 | $3,478 |
| 2,000 kWh a month | $386 | $4,637 |
At 19.3¢/kWh, the average household price including taxes and fixed charges (August 2026). Small households usually pay a little more per kWh, large ones a little less.
Business electricity in Chicago
Commercial customers pay 14.7¢/kWh and industrial customers 11.3¢/kWh (Illinois average).
Home running costs in Chicago
In Chicago, running an 860 sq ft home costs on average $93 a month excluding rent – 11% more expensive than the US average.
Monthly cost breakdown
Default home: 860 sq ft, 2 people, 2,500 kWh electricity a year.
Chicago compared with the average for the United States
Your biggest saving opportunity
Switching from a gas boiler to a heat pump would cut heating costs in Chicago by about $54 a year at today's prices.
Gas boiler vs heat pump calculator · Monthly home running cost calculator
Heating need through the year
Heating with a gas boiler: about 8,972 kWh a year at 7.0¢/kWh.
Solar potential in Chicago
1 kWp of solar panels produces about 1,477 kWh a year here. ($285 per year)
Not yet available for Chicago: Water.
How we calculate this
Electricity: average residential price per kWh in the state (August 2026). Heating: heating degree days for the location × floor area × building factor, priced with the gas boiler cost (state residential natural gas price). Water and rent are added when official data is available. Methodology
Nearby cities
More cities in Illinois
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