Cost of living in Mount Prospect

Composed in-house · four inputs · 14% of the overall score

C−

56/100
29th of 60

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The four inputs

Housing cost index114

Chicago 10045% · scores 66

Effective property tax rate2.04%

Chicago 1.83%25% · scores 18

Utilities65

Chicago 10020% · scores 95

Local sales tax8.96%

Chicago median 8.96%10% · scores 21

Vertical rule marks the Chicago reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Chicago suburbs for cost of living

All 60 ranked, Mount Prospect highlighted

1MerrillvilleA−$211,400 2ValparaisoA−$267,300 3PortageB+$224,200 4HobartB+$215,200 5HammondB+$159,900 6GaryB+$94,700 7ScherervilleB+$314,900 8Crown PointB−$294,800 9CiceroC+$249,400 10NilesC+$358,700 11DeKalbC+$204,700 12Downers GroveC$449,800 13AddisonC$341,300 14Elk Grove VillageC$347,100 15Des PlainesC$335,600 16Oak LawnC$281,200 17WaukeganC$190,900 18WheelingC$266,200 19Orland ParkC$367,200 20North ChicagoC$159,600 21ChicagoC$334,100 22Calumet CityC$145,200 23CarpentersvilleC$234,100 24WoodridgeC$363,700 25BerwynC−$299,800 26Tinley ParkC−$299,900 27MundeleinC−$309,700 28Mount ProspectC−$397,400 29SkokieC−$387,200 30StreamwoodC−$271,200 31RomeovilleC−$257,100 32ElginC−$273,000 33Hoffman EstatesC−$351,900 34SchaumburgC−$330,400 35Arlington HeightsC−$414,500 36Glendale HeightsC−$261,700 37JolietC−$265,800 38PalatineC−$355,600 39EvanstonC−$481,200 40Hanover ParkC−$274,200 41LombardC−$335,700 42AlgonquinD+$351,000 43Carol StreamD+$335,000 44Crystal LakeD+$311,400 45GurneeD+$344,300 46OswegoD+$344,500 47WheatonD+$455,700 48BartlettD+$375,700 49ElmhurstD+$545,400 50AuroraD+$274,800 51Park RidgeD$551,200 52BolingbrookD$314,700 53GlenviewD$609,600 54St. CharlesD$377,400 55NapervilleD$540,200 56NorthbrookD$652,300 57Oak ParkD−$465,500 58Buffalo GroveD−$412,300 59Highland ParkD−$607,300 60PlainfieldF$431,400

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Better than Mount Prospect on cost of living

Mount Prospect grades C− on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall

Cicero18 mi from Mount ProspectC+$249k1.90% 49 D+ Niles7 mi from Mount ProspectC+$359k1.64% 62 C Downers Grove19 mi from Mount ProspectC$450k1.57% 68 B− Addison10 mi from Mount ProspectC$341k1.95% 56 C− Elk Grove Village5 mi from Mount ProspectC$347k1.79% 62 C Des Plaines3 mi from Mount ProspectC$336k1.88% 66 C+

Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24

Six Chicago lists

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How we score Chicago suburbs — every weight and source Twelve guides to moving to Chicago