Matteson, IL vs Mount Prospect, IL

Matteson is moderately more affordable than Mount Prospect, with a 11% lower cost of living index. Matteson scores 99 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 Matteson is $1,390/month compared to $1,454/month in Mount Prospect — a 4% difference. Home values follow the same pattern: Matteson is more affordable at $251,400 median vs $377,000.

Median household income in Matteson is $98,617 compared to $103,911 in Mount Prospect (-5.1%). Mount Prospect does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Matteson spend roughly 16.9% 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). Matteson receives more rainfall at 34.4" per year compared to 32.3" in Mount Prospect.