Cost of Living: Mount Prospect, IL vs Norton Shores, MI

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 $4,268/mo in Norton Shores, MI. In the model, rent is about 21.19% of gross in Mount Prospect, IL versus 18.74% in Norton Shores, MI, so Norton Shores, MI tends to feel more affordable for rent.

Take-home in Mount Prospect, IL
$4,227/mo
Income level: below
Take-home in Norton Shores, MI
$4,268/mo
Income level: near
Rent share (1BR) in Mount Prospect, IL
21.19%
COLI tier: mid-range
Rent share (1BR) in Norton Shores, MI
18.74%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Mount Prospect, IL and Norton Shores, MI.

At a glance

  • Cheaper overall (lower cost-of-living index): Norton Shores, MI
  • Lower rent (median 1BR/2BR): Norton Shores, MI
  • Lower home prices: Norton Shores, MI
  • Higher median household income: Mount Prospect, IL

Cost of Living Index

Mount Prospect, IL: 100 (U.S. = 100) · Norton Shores, MI: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Mount Prospect, IL: $1,382/mo (midpoint of 1BR/2BR) · Norton Shores, MI: $1,222/mo

Median rent in Mount Prospect, IL is $160/mo higher than in Norton Shores, MI.

Median Home Price

Mount Prospect, IL: $377,000 · Norton Shores, MI: $214,000

Median home price in Mount Prospect, IL is $163,000 higher than in Norton Shores, MI.

Median Household Income

Mount Prospect, IL: $103,911 · Norton Shores, MI: $73,390

Mount Prospect, IL has a higher median household income than Norton Shores, MI by $30,521.

Mount Prospect, IL overview · Norton Shores, MI overview · Popular comparisons