Dolton, IL vs Mount Prospect, IL

There is a significant gap in the cost of living between these two cities. Dolton is 19% cheaper than Mount Prospect. With a cost index of 90 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dolton to Mount Prospect should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dolton is $1,399/month compared to $1,454/month in Mount Prospect — a 4% difference. Home values follow the same pattern: Dolton is more affordable at $140,500 median vs $377,000.

Median household income in Dolton is $58,706 compared to $103,911 in Mount Prospect (-43.5%). 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 Dolton spend roughly 28.6% of their income on rent, more than the 16.8% in Mount Prospect.