Cost of Living Calculator - Mount Prospect, Illinois vs Memphis, Tennessee


The cost of living in Memphis, Tennessee is 30.3% cheaper than Mount Prospect, Illinois.

You would need a salary of $52,271 in Memphis, Tennessee to maintain the standard of living you have in Mount Prospect, Illinois.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Mount Prospect, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% cheaper in Memphis
than in Mount Prospect, Illinois
Mount Prospect, IL vs Memphis, TN
Compared to Mount Prospect, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  30.3% 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
  6.0% lower
  Housing (Homeowner)
  71.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% higher
  Commute
  24.0% lower
  Health
  10.0% higher
  Taxes
  Childcare
  Personal
  18.7% lower

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