What is a pro or con of living in Mount Prospect, Illinoiscompared to Farmington Hills, Michigan?

Childcare is 19% more expensive in Mount Prospect.

What salary do I need to live in Mount Prospect, Illinois copmared to Farmington Hills, Michigan?

A salary of $50,000 in Farmington Hills, Michigan should increase to $52,158 in Mount Prospect, Illinois (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

FARMINGTON HILLS vs. MOUNT PROSPECT
Cost of Living Comparison

Farmington Hills, Michigan vs. Mount Prospect, Illinois

Cost of Living Comparison

The cost of living in Mount Prospect, Illinois is 4.3% more expensive than Farmington Hills, Michigan.

You would need a salary of $52,158 in Mount Prospect, Illinois to maintain the standard of living you have in Farmington Hills, Michigan.

Comparison highlights

• Overall, Mount Prospect, Illinois is more expensive than Farmington Hills, Michigan
• Childcare is the biggest factor in the cost of living difference.

Childcare
19% more expensive in Mount Prospect
than in Farmington Hills, Michigan

Farmington Hills, MI vs. Mount Prospect, IL

Compared to Farmington Hills, Mount Prospect is:

Homeowner

No Child Care, Taxes not Considered

4.3% higher

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

0.0% higher

Housing (Homeowner)

12.5% higher

Housing (Rent)

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Median Home Cost

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Utilities

4.6% lower

Commute

3.6% higher

Health

10.1% higher

Taxes

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Childcare

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Personal

2.1% lower

Cost of Food

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Farmington Hills, Michigan vs. Mount Prospect, Illinois

Cost of Living Comparison

Comparison highlights

Farmington Hills, MI vs. Mount Prospect, IL

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