Cost of Living Calculator - Lake Forest, Illinois vs Prospect, Kentucky


The cost of living in Prospect, Kentucky is 23.7% cheaper than Lake Forest, Illinois.

You would need a salary of $57,249 in Prospect, Kentucky to maintain the standard of living you have in Lake Forest, Illinois.
Comparison highlights
• Overall, Prospect, Kentucky is cheaper than Lake Forest, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Prospect
than in Lake Forest, Illinois
Lake Forest, IL vs Prospect, KY
Compared to Lake Forest, Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  23.7% lower
      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
  2.3% lower
  Housing (Homeowner)
  43.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.1% lower
  Commute
  11.0% higher
  Health
  1.6% lower
  Taxes
  Childcare
  Personal
  12.0% lower

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