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Mount Prospect, IL vs Villa Park, IL

111
Mount Prospect
Illinois
VS
+6.7%
104
Villa Park
Illinois

Villa Park is moderately more affordable than Mount Prospect, with a 6.7% lower cost of living index. Mount Prospect scores 111 compared to 104 for Villa Park, 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 Mount Prospect is $1,454/month compared to $1,398/month in Villa Park — a 4% difference. Home values follow the same pattern: Villa Park is more affordable at $313,100 median vs $377,000.

Median household income in Mount Prospect is $103,911 compared to $94,698 in Villa Park (+9.7%). 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 17.7% in Villa Park.

Climate-wise, both cities share similar average temperatures (50.8°F vs 51.3°F). Villa Park receives more rainfall at 37.9" per year compared to 32.3" in Mount Prospect.

Income & Cost

Cost of Living Index
Mount Prospect
111
Villa Park
104
6% cheaper
Median Household Income
Mount Prospect
$103,911
9% higher
Villa Park
$94,698

Housing

Median Rent
Mount Prospect
$1,454
Villa Park
$1,398
4% cheaper
Median Home Value
Mount Prospect
$377,000
Villa Park
$313,100
17% cheaper
Population
Mount Prospect
55,648
Villa Park
22,456

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mount Prospect $3.20
Villa Park $3.20
US $3.07
🥚
Eggs (grade A, large)
Mount Prospect $2.61
Villa Park $2.61
US $2.50
🥛
Milk (whole)
Mount Prospect $4.20
Villa Park $4.20
US $4.03
🍞
Bread (white)
Mount Prospect $1.93
Villa Park $1.93
US $1.85
🍗
Chicken breast
Mount Prospect $4.32
Villa Park $4.32
US $4.14
Electricity
Mount Prospect $0.15
Villa Park $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Mount Prospect 50.8°F
Villa Park 51.3°F
Summer High
Mount Prospect 84°F
Villa Park 85°F
Winter Low
Mount Prospect 18°F
Villa Park 19°F
Rainfall
Mount Prospect 32.3"
Villa Park 37.9"
Rainy Days
Mount Prospect 112d
Villa Park 126d