Schaumburg, Illinois vs. Mount Prospect, Illinois

Cost of Living Comparison

The cost of living in Mount Prospect, Illinois is 3.5% more expensive than Schaumburg, Illinois.

You would need a salary of $51,769 in Mount Prospect, Illinois to maintain the standard of living you have in Schaumburg, Illinois.
Comparison highlights
• Overall, Mount Prospect, Illinois is more expensive than Schaumburg, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% more expensive in Mount Prospect
than in Schaumburg, Illinois
Schaumburg, IL vs. Mount Prospect, IL
Compared to Schaumburg, Mount Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  3.5% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.4% higher
  Housing (Homeowner)
  23.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.1% lower
  Commute
  0.8% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.4% lower