Chicago Summer '25 Housing

Based on previous WSO threads, here are some insights for budgeting your summer internship housing in Chicago:

• Budget Consideration: For a 10-week internship, budgeting around $3,000 is reasonable. This translates to approximately $300 per week.
• Housing Options: UIC housing or similar college apartments can be a cost-effective option. Previous users have found numerous postings in the $400-600/month range on platforms like Craigslist.
• Cost Breakdown:
  • Housing: Expect to spend around $1,500 for the entire summer if you find a place in the $500/month range.
  • Additional Expenses: Consider other living expenses such as groceries, transportation, and utilities.

This budget should be sufficient for a modest living arrangement in Chicago, especially if you can find a good deal through college housing or sublets.

Sources: The Economics of an Unpaid Internship, Why guaranteed full-time offers make sense, The Economics of an Unpaid Internship, Analyst Budget Thread Follow Up--Actual Expenses For An Analyst & Associate In Chicago, 2020 San Francisco Summer Housing