Cost of Living Calculator - Mount Prospect, Illinois vs Elgin, Illinois


The cost of living in Elgin, Illinois is 17.6% cheaper than Mount Prospect, Illinois.

You would need a salary of $61,781 in Elgin, Illinois to maintain the standard of living you have in Mount Prospect, Illinois.
Comparison highlights
• Overall, Elgin, Illinois is cheaper than Mount Prospect, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Elgin
than in Mount Prospect, Illinois
Mount Prospect, IL vs Elgin, IL
Compared to Mount Prospect, Elgin is:
  Homeowner
      No Child Care, Taxes not Considered
  17.6% 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
  3.0% lower
  Housing (Homeowner)
  34.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.0% higher
  Commute
  26.9% lower
  Health
  5.3% higher
  Taxes
  Childcare
  Personal
  3.7% lower

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