Brookfield, IL vs Mount Prospect, IL

Brookfield is moderately more affordable than Mount Prospect, with a 8.1% lower cost of living index. Brookfield scores 102 compared to 111 for Mount Prospect, where the US average is 100. This difference means residents of Mount Prospect can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Brookfield is $1,328/month compared to $1,454/month in Mount Prospect — a 9% difference. Home values follow the same pattern: Brookfield is more affordable at $314,000 median vs $377,000.

Median household income in Brookfield is $108,429 compared to $103,911 in Mount Prospect (+4.3%). Brookfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Brookfield spend roughly 14.7% of their income on rent, less than the 16.8% in Mount Prospect.