Crest Hill, IL vs Mount Prospect, IL

Crest Hill is moderately more affordable than Mount Prospect, with a 13.3% lower cost of living index. Crest Hill scores 96 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 Crest Hill is $1,386/month compared to $1,454/month in Mount Prospect — a 5% difference. Home values follow the same pattern: Crest Hill is more affordable at $222,600 median vs $377,000.

Median household income in Crest Hill is $71,408 compared to $103,911 in Mount Prospect (-31.3%). While Mount Prospect is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Crest Hill spend roughly 23.3% of their income on rent, more than the 16.8% in Mount Prospect.