Forest Park, IL Cost Of Living

The latest cost of living statistics for Forest Park. Includes statistics on rent, mortgages, healthcare, and other costs for Forest Park compared to the state and national averages.

Cost of living in Forest Park, Illinois

Cost of living in Forest Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Forest Park is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

109 Cost of living index 1.1x higher vs US
#215 Cheapest in Illinois (of 336)
#3,443 Cheapest in the U.S. (of 6,489)
$272,765 Median home value
$1,367 Median rent
$77,221 Median income
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What is the cost of living in Forest Park, IL?

According to the most recent data on the cost of living, Forest Park has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.

Compared to Illinois, Forest Park has a cost of living index that's 1.1x higher than Illinois's index of 98.

The standard of living in Forest Park ranks as #215 most affordable out of the 336 places we measured in Illinois. By definition, that implies Forest Park ranks as the #121 most expensive place in the Prairie State.

For more reading on life in Forest Park, check out:

Forest Park Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Forest Park. Here is how it fares on each of the criteria:

  • The Services index in Forest Park is 101.

  • The Groceries index in Forest Park is 99.

  • The Health index in Forest Park is 131.

  • The Housing index in Forest Park is 101.

  • The Transportation index in Forest Park is 96.

  • The Utilities index in Forest Park is 97.

Living Expense Forest Park Illinois National Average
Overall 109 98 100
Services 101 99 100
Groceries 99 99 100
Health 131 96 100
Housing 101 101 100
Transportation 96 99 100
Utilities 97 101 100

Forest Park Cost Of Living Compared To Illinois Averages

Services
Forest Park 101
Illinois avg 99
Groceries
Forest Park 99
Illinois avg 99
Health
Forest Park 131
Illinois avg 96
Housing
Forest Park 101
Illinois avg 101
Transportation
Forest Park 96
Illinois avg 99
Utilities
Forest Park 97
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Forest Park, IL Housing Cost Breakdown

$272,765Median Home Value
$1,367Median Rent
$77,221Median Income

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Forest Park is $272,765.

  • The Median Rent in Forest Park is $1,367.

  • The Median Income in Forest Park is $77,221.

  • The Home Value To Income in Forest Park is 3.5x.

  • The Rent To Monthly Income in Forest Park is 0.21x.

Statistic Forest Park Illinois United States
Median Home Value $272,765 $285,735 $332,700
Median Rent $1,367 $1,274 $1,413
Median Income $77,221 $83,390 $80,734
Home Value To Income 3.5x 3.4x 4.1x
Rent To Monthly Income 0.21x 0.18x 0.21x

Forest Park, IL Costs By Category

Detailed Forest Park Services costs vs. Illinois
Item Forest Park Illinois
Shampoo $1.27 $1.28
Movie $17.91 $12.13
Bowling $24.58 $18
Haircut $33.69 $24.26
Beauty Salon $53.44 $45.56
Detailed Forest Park Groceries costs vs. Illinois
Item Forest Park Illinois
Ground Beef $5.28 $5.84
Fried Chicken $1.42 $1.57
Milk $4.87 $4.67
Potatoes $4.9 $4.93
Pizza $13.41 $12.09
Beer $10.0 $10.41
Toothpaste $3.75 $3.7
Detailed Forest Park Health costs vs. Illinois
Item Forest Park Illinois
Optometrist $118.27 $125.68
Doctor $167.67 $135.78
Dentist $128.22 $113.29
Detailed Forest Park Transportation costs vs. Illinois
Item Forest Park Illinois
Gasoline $3.56 $3.46
Tire Balancing $70.87 $59.92
Detailed Forest Park Utilities costs vs. Illinois
Item Forest Park Illinois
All Electricity $148.58 $193.99
Phone $210.03 $192.25

Forest Park SnackAbility

7Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 6/10
Diversity 9.5/10
SafetyN/A
Amenities 9/10
Education 9/10
Commute 4/10

Cost Of Living In Cities Around Forest Park

The cost of living varies in the cities and towns around Forest Park. Here's a quick look at the cost of living in the most populous nearby places:

  • Cicero, IL has a cost of living index of 99, 0.9x Forest Park.

  • Berwyn, IL has a cost of living index of 108, 1.0x Forest Park.

  • Wheaton, IL has a cost of living index of 127, 1.2x Forest Park.

City Population Cost Of Living Vs. Forest Park
Cicero, IL 82,797 99 0.9x
Berwyn, IL 55,595 108 1.0x
Wheaton, IL 53,557 127 1.2x
Oak Park, IL 53,292 125 1.1x
Glenview, IL 47,752 146 1.3x
Elmhurst, IL 45,671 134 1.2x
Park Ridge, IL 38,667 135 1.2x
Northbrook, IL 34,585 151 1.4x
Glen Ellyn, IL 28,390 137 1.3x
Wilmette, IL 27,503 161 1.5x