Cost of Living: Mount Prospect, IL vs Los Angeles, CA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Mount Prospect, IL versus $3,974/mo in Los Angeles, CA. In the model, rent is about 21.19% of gross in Mount Prospect, IL versus 25.99% in Los Angeles, CA, so Mount Prospect, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Mount Prospect, IL and Los Angeles, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Mount Prospect, IL
- Lower rent (median 1BR/2BR): Mount Prospect, IL
- Lower home prices: Mount Prospect, IL
- Higher median household income: Mount Prospect, IL
Cost of Living Index
Mount Prospect, IL: 100 (U.S. = 100) · Los Angeles, CA: 148.6 (U.S. = 100)
Mount Prospect, IL has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
Mount Prospect, IL: $1,382/mo (midpoint of 1BR/2BR) · Los Angeles, CA: $1,695/mo
Median rent in Los Angeles, CA is $313/mo higher than in Mount Prospect, IL.
Median Home Price
Mount Prospect, IL: $377,000 · Los Angeles, CA: $657,700
Median home price in Los Angeles, CA is $280,700 higher than in Mount Prospect, IL.
Median Household Income
Mount Prospect, IL: $103,911 · Los Angeles, CA: $74,785
Mount Prospect, IL has a higher median household income than Los Angeles, CA by $29,126.
Mount Prospect, IL overview · Los Angeles, CA overview · Popular comparisons