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CARMEL vs. MOUNT PROSPECT
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Mount Prospect, Illinois

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

You would need a salary of $72,839 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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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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