# Chicago vs Toronto: Class A office comparison

> Chicago ($52/sqft, 24.5% vacancy) and Toronto ($58/sqft, 17.6% vacancy) compete on different axes: Chicago on talent depth and Toronto on rent and tax.

**Canonical URL:** https://classa.info/compare/chicago-vs-toronto
**Page type:** comparison
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: Chicago $52/sqft vs Toronto $58/sqft.
- Vacancy: Chicago 24.5% vs Toronto 17.6%.
- Talent index: Chicago 88 vs Toronto 80.
- Corporate tax: Chicago 28.5% vs Toronto 26.5%.
- Premium flex/seat/month: Chicago $920 vs Toronto $920.

## Key facts
- **cityA**: Chicago
- **cityB**: Toronto
- **rentUsdA**: $52
- **rentUsdB**: $58
- **vacancyA**: 24.5%
- **vacancyB**: 17.6%
- **talentA**: 88
- **talentB**: 80
- **taxA**: 28.5%
- **taxB**: 26.5%

## FAQ
### Is Class A office cheaper in Chicago or Toronto?
Chicago is cheaper on a USD basis: $52/sqft vs $58/sqft.

### Which has better talent depth, Chicago or Toronto?
Chicago indexes higher on talent depth (88 vs 80).

### Which has more sublease availability, Chicago or Toronto?
Chicago carries higher vacancy (24.5% vs 17.6%) and therefore typically more sublease overhang.

### What lease term should I expect in Chicago vs Toronto?
Chicago typical term is 10 years with 22 months rent-free; Toronto typical term is 10 years with 18 months rent-free.

### How does transit and commuter access compare?
Chicago: CTA L lines and Metra commuter rail. Union Station and Ogilvie anchor commuter rail; Loop Elevated lines circle the historic CBD. Toronto: TTC subway plus GO Transit commuter rail converge at Union Station. The PATH connects most Financial Core assets underground.

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Citation: Source: Class A Atlas (https://classa.info/compare/chicago-vs-toronto), updated 2026-04-15T00:00:00.000Z.