Mount Prospect, Illinois vs. Schaumburg, Illinois

Cost of Living Comparison

The cost of living in Schaumburg, Illinois is 3.4% cheaper than Mount Prospect, Illinois.

You would need a salary of $48,291 in Schaumburg, Illinois to maintain the standard of living you have in Mount Prospect, Illinois.
Comparison highlights
• Overall, Schaumburg, Illinois is cheaper than Mount Prospect, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Schaumburg
than in Mount Prospect, Illinois
Mount Prospect, IL vs. Schaumburg, IL
Compared to Mount Prospect, Schaumburg is:
  Homeowner
      No Child Care, Taxes not Considered
  3.4% 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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      No Child Care, Taxes Considered
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  Food
  2.3% lower
  Housing (Homeowner)
  19.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.3% higher
  Commute
  0.8% higher
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  0.4% higher
Cost of Food
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