Housing costs in Mount Prospect?
A typical home costs
$337,700, which is 0.1% less expensive than the national average of
$338,100 and 39.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mount Prospect costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 20.3% more than the state average of
$1,260.
Can I afford Mount Prospect?
To live comfortably in Mount Prospect, Illinois, a minimum annual income of
$64,800 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Mount Prospect?
Mount Prospect, IL has an overall cost of living that is just slightly above the U.S national level due largely in part to its higher real estate values and tax rates, while utility costs remain fairly consistent across the state making it a great place to live while still sticking to a budget.