Carmel, Indiana vs. Mount Prospect, Illinois

Cost of Living Comparison

The cost of living in Mount Prospect, Illinois is 2.9% cheaper than Carmel, Indiana.

You would need a salary of $291,354 in Mount Prospect, Illinois to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Mount Prospect, Illinois is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
31% cheaper in Mount Prospect
than in Carmel, Indiana
Carmel, IN vs. Mount Prospect, IL
Compared to Carmel, Mount Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  2.9% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  1.9% lower
  Housing (Homeowner)
  15.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.8% higher
  Commute
  37.5% higher
  Health
  11.6% lower
  Taxes
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  Childcare
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  Personal
  1.7% lower
Cost of Food
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