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Mount Prospect, IL vs Round Lake Beach, IL: Cost of Living Comparison

Round Lake Beach has the lower overall cost of living. (100 = US national average)

Category-by-Category Comparison

Category Mount Prospect Round Lake Beach Cheaper
Overall cost of living 111 82 Round Lake Beach
Housing 108 ($1,018) 55 ($967) Round Lake Beach
Transportation 100 ($3.50) 108 ($3.50) Mount Prospect
Food & groceries 139 ($570) 116 ($476) Round Lake Beach
Utilities 104 ($194) 78 ($99) Round Lake Beach
Healthcare 104 ($140) 78 ($72) Round Lake Beach
Median annual wage 107 ($51,960) 107 ($51,960) Tie

Index 100 = US national average. Lower = cheaper. For wage, higher = better.

Frequently Asked Questions

Is Mount Prospect, IL or Round Lake Beach, IL cheaper to live in?

Round Lake Beach, IL is cheaper overall by about 29 index points (Mount Prospect, IL: 111, Round Lake Beach, IL: 82; 100 = US national average).

What salary do I need in Mount Prospect, IL vs Round Lake Beach, IL?

A single adult needs roughly $38,850/year in Mount Prospect, IL and $28,700/year in Round Lake Beach, IL to cover basic living costs.

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