Kankakee, IL vs Mount Prospect, IL

The cost of living difference between Kankakee, IL and Mount Prospect, IL is dramatic. Kankakee is 36.1% cheaper than Mount Prospect, a gap that translates to thousands of dollars per year in household expenses. Kankakee has a cost index of 71 while Mount Prospect sits at 111, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Kankakee is $986/month compared to $1,454/month in Mount Prospect — a 32% difference. Home values follow the same pattern: Kankakee is more affordable at $105,500 median vs $377,000.

Median household income in Kankakee is $45,119 compared to $103,911 in Mount Prospect (-56.6%). 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 Kankakee spend roughly 26.2% of their income on rent, more than the 16.8% in Mount Prospect.

Climate-wise, both cities share similar average temperatures (52.1°F vs 50.8°F). Kankakee receives more rainfall at 34.4" per year compared to 32.3" in Mount Prospect.