Highest temperature in Chicago on Oct 31, 2026?
Short Answer
1. Market Behavior & Drivers
- The 60-61° range appears most probable, aligned with the 61°F expected Midway temperature.
- The 62-63° range shows significant probability, partly due to some O'Hare-area predictions.
- A sub-60° outcome is disfavored, with 61°F forecast for Chicago Midway.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| 59° or below | 14.0% | 12.5% | The expected maximum temperature at Chicago Midway is 61°F, which is not less than 60°F. |
| 60° to 61° | 34.0% | 49.6% | The expected maximum temperature at Chicago Midway is 61°F, aligning with this range. |
| 62° to 63° | 37.0% | 27.5% | The expected maximum temperature at Chicago Midway is 61°F, which falls below this range. |
| 64° to 65° | 8.0% | 7.5% | The expected maximum temperature at Chicago Midway is 61°F, falling below this range. |
| 68° or above | 1.0% | 1.0% | The expected maximum temperature at Chicago Midway is 61°F, which is not greater than 67°F. |
Current Context
Sources (14)
- 1National Weather Serviceweather.gov
- 22026 Past Weather at Chicago O'Hare International Airport, Illinois, United States - Weather Sparkweatherspark.com
- 3Chicago Halloween forecast: Scattered showers possible during trick-or-treating – NBC Chicagonbcchicago.com
- 4Highest temperature in Chicago tomorrow? Odds & Predictions 2026kalshi.com
- 5Highest temperature in Chicago on October 31?polymarket.com
- 6October 31, 2026: Chicago Daily Temperature High October 31 2026 Prediction Marketrobinhood.com
- 7Chicago, IL Hourly Weather Forecast | Weather Undergroundwunderground.com
- 8Chicago, IL Hourly Weather Forecast | Weather Undergroundwunderground.com
- 9Chicago, IL Hourly Weather Forecast | Weather Undergroundwunderground.com
- 10October 31 - Chicago - Weather History and Averages - Overcast Dataovercastdata.com
- 11Compare the Climate and Weather in Chicago and Chicago Midway International Airport - Weather Sparkdeploy.weatherspark.com
- 12National Weather Serviceforecast.weather.gov
- 13IEM:: MDW Data Calendar for Oct 2026mesonet.agron.iastate.edu
- 14Will the highest temperature in Chicago be between 52-53°F on October 31?predictions.5group.org
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 October 30, 2026: 8.0pp spike
Price increased from 32.0% to 40.0%
Outcome: 60° to 61°
4. Market Data
Contract Snapshot
A "Yes" contract for a specific temperature range resolves positively if the highest temperature in Chicago on October 31, 2026, falls within that range; otherwise, a "No" contract for that range resolves positively. The maximum payout date for this market is November 1, 2026. If the Exchange determines a material error in the initial data publication, expiration may be delayed until a non-erroneous revision is published or until the maximum payout date, whichever comes first. If no data is available by then, all markets resolve to the last fair price determined by Kalshi.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| 62° to 63° | $0.39 | $0.62 | 37% |
| 60° to 61° | $0.35 | $0.67 | 34% |
| 59° or below | $0.14 | $0.87 | 14% |
| 64° to 65° | $0.10 | $0.91 | 8% |
| 66° to 67° | $0.02 | $0.99 | 2% |
| 68° or above | $0.01 | $1.00 | 1% |
Market Discussion
Forecasts for Chicago on October 31, 2026, from NWS and Weather Underground indicated a high temperature around 60-62°F, though an earlier NBC forecast projected 68°F [1][2][3]. Prediction markets displayed varied sentiment, with Kalshi favoring 62-63°F, while Polymarket and Predict.fun aggregations pointed to 60-61°F and 58-59°F, respectively [4][5][6]. As of October 31, 2026, the most defensible pre-resolution estimate for the highest temperature was 60-61°F, with a plausible range of 58-63°F [4][5].
Sources (6)
- 1Snow in Chicago in March 2026? Odds & Predictionskalshi.com
- 2Highest temperature in Chicago today? Odds & Predictions 2026kalshi.com
- 3Rain in Chicago in September 2026? Odds & Predictionskalshi.com
- 4First snow of the 2026 seasonpolymarket.com
- 5Highest temperature in Chicago on September 20?polymarket.com
- 6Highest temperature in Chicago on September 4?polymarket.com
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Resolution quality is low (30), but Integrity averages all three scores, so the other two pull it up. Only a critically low score would cap the total.
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What is the definitive 24-hour maximum temperature reported by the National Weather Service for Chicago O'Hare (KORD) on October 31, 2026?
| Maximum Temperature | 58°F (Chicago O'Hare, Oct 31, 2026) [1][2][3] |
|---|---|
| NWS Observation Period | 24-hour period ending 1 AM to 1 AM local daylight time during daylight saving time [2][4] |
| Market Question Type | Highest-temperature market with Fahrenheit outcome bands [5][6][7] |
Sources (7)
- 1National Weather Serviceforecast.weather.gov
- 2IEM:: Tabular CLI Report Datamesonet.agron.iastate.edu
- 3IEM:: ORD Data Calendar for Oct 2026mesonet.agron.iastate.edu
- 4IEM:: Tabular CLI Report Datamesonet.agron.iastate.edu
- 5Highest temperature in Chicago on Oct 31, 2026?… | Frenzy Capitalfrenzycap.com
- 6Chicago Weather on Oct 31, 2026 | Prediction Market Forecastpredictmarketcap.com
- 7Weather & Climate Prediction Markets — Live Odds | Frenzy Capitalfrenzycap.com
7. How did the reported maximum temperatures for October 31, 2026, differ between Chicago's O'Hare (KORD) and Midway (KMDW) official stations?
| Maximum Temperature at KORD | 61°F on October 31, 2026 [1][2][3] |
|---|---|
| Maximum Temperature at KMDW | 61°F on October 31, 2026 [1][2][3] |
| Temperature Difference (KORD vs KMDW) | 0°F on October 31, 2026 [1][2][3] |
Sources (6)
- 1IEM:: Tabular CLI Report Datamesonet.agron.iastate.edu
- 2Kord26uspest.org
- 3IEM:: Tabular CLI Report Datamesonet.agron.iastate.edu
- 4Chicago high temperature rules: Kalshi at Midway (KMDW), Polymarket at KORD · Almanacalmanacmarket.com
- 5Highest temperature in Chicago on Oct 31, 2026?… | Frenzy Capitalfrenzycap.com
- 6Weather & Climate Prediction Markets — Live Odds | Frenzy Capitalfrenzycap.com
8. Which specific National Weather Service (NWS) report serves as the designated final data source for settling Kalshi's Chicago temperature markets?
| Official Data Source | NWS Climatological Report (Daily), Chicago Midway (CLIMDW) [1][2] |
|---|---|
| Kalshi's Market Basis | National Weather Service reading for Chicago Midway Airport [3] |
| Settlement Report | NWS Climatological Report (Daily) [1] |
9. How will the potential for post-day data corrections by the NWS affect the final settlement of the October 31, 2026 Chicago temperature market?
| Governing Report for Chicago High | NWS Daily Climate Report (CLI) [1][2][3] |
|---|---|
| October 31, 2026 Market Settlement Date | November 1, 2026 [4] |
| Kalshi Revision Policy | Revisions to underlying data made after expiration are not accounted for [5] |
Sources (6)
- 1Weather Markets | Kalshi Help Centerhelp.kalshi.com
- 2Lowest temperature in Chicago today? Odds & Predictions 2026kalshi.com
- 3Highest temperature in Boston today? Odds & Predictions 2026kalshi.com
- 4Chicago Weather on Oct 31, 2026 | Prediction Market Forecastpredictmarketcap.com
- 5Sincerely,assets.kalshi.com
- 6Department of Commerce • National Oceanic & Atmospheric Administration • National Weather Serviceweather.gov
10. How does the observed October 31, 2026, high temperature at O'Hare compare against the NWS's historical climate data for the same date in Chicago?
| Observed High Temperature (Oct 31, 2026) | 60–61°F [1] |
|---|---|
| 1991–2020 Normal High (Oct 31) | 55.9°F [1][2][3] |
| Historical Record High (Oct 31) | 84°F (1950) [1][4] |
Sources (6)
- 1Highest temperature in Chicago on Oct 31, 2026?… | Frenzy Capitalfrenzycap.com
- 2Chicago (O'Hare) 1991-2020 Climate Normalsweather.gov
- 3October Normals for Temperature, Precipitation and Snowfall for Chicago, ILweather.gov
- 4Chicago Climate Records and Rankingsweather.gov
- 5October 30-31, 2019: Snowiest Halloween on Record for Some; More Lakeshore Floodingweather.gov
- 6Chicago Weather on Oct 31, 2026 | Prediction Market Forecastpredictmarketcap.com
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: November 01, 2026
- Expiration: November 07, 2026
- Closes: November 01, 2026
Sources (5)
- 1National Weather Serviceforecast.weather.gov
- 2Nothing too scary about Chicago's Halloween forecasttheweather.com
- 3Highest temperature in Chicago tomorrow? Odds & Predictions 2026kalshi.com
- 4Highest temperature in Chicago on October 31?polymarket.com
- 5October 31, 2026: Chicago Daily Temperature High October 31 2026 Prediction Marketrobinhood.com
13. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 3 resolved YES, 17 resolved NO
Recent resolutions:
- KXHIGHCHI-26OCT29-T75: NO (Oct 30, 2026)
- KXHIGHCHI-26OCT29-T68: NO (Oct 30, 2026)
- KXHIGHCHI-26OCT29-B74.5: NO (Oct 30, 2026)
- KXHIGHCHI-26OCT29-B72.5: NO (Oct 30, 2026)
- KXHIGHCHI-26OCT29-B70.5: NO (Oct 30, 2026)