Mount Prospect, IL vs South Holland, IL
Mount Prospect, IL and South Holland, IL have a very similar cost of living, with only a 0.4% difference in their overall index. Mount Prospect scores 111 while South Holland scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Mount Prospect is $1,454/month compared to $1,914/month in South Holland — a 24% difference. Interestingly, home values tell a different story: while Mount Prospect has cheaper rent, South Holland actually has lower median home values ($201,200 vs $377,000).
Median household income in Mount Prospect is $103,911 compared to $87,378 in South Holland (+18.9%). 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 Mount Prospect spend roughly 16.8% of their income on rent, less than the 26.3% in South Holland.
Climate-wise, both cities share similar average temperatures (50.8°F vs 52.1°F). South Holland receives more rainfall at 34.4" per year compared to 32.3" in Mount Prospect.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)