What is the cost of living in Frankfort Square, IL?
According to the most recent data on the cost of living, Frankfort Square has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Illinois, Frankfort Square has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Frankfort Square ranks as #221 most affordable out of the 336 places we measured in Illinois. By definition, that implies Frankfort Square ranks as the #115 most expensive place in the Prairie State.
For more reading on life in Frankfort Square, check out:
Frankfort Square Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Frankfort Square. Here is how it fares on each of the criteria:
The Services index in Frankfort Square is 100.
The Groceries index in Frankfort Square is 98.
The Health index in Frankfort Square is 134.
The Housing index in Frankfort Square is 106.
The Transportation index in Frankfort Square is 100.
The Utilities index in Frankfort Square is 103.
| Living Expense | Frankfort Square | Illinois | National Average |
|---|---|---|---|
| Overall | 110 | 98 | 100 |
| Services | 100 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 134 | 96 | 100 |
| Housing | 106 | 101 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 103 | 101 | 100 |
Frankfort Square Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Frankfort Square Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Frankfort Square, IL Housing Cost Breakdown
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 Frankfort Square is $331,857.
The Median Rent in Frankfort Square is $1,622.
The Median Income in Frankfort Square is $126,897.
The Home Value To Income in Frankfort Square is 2.6x.
The Rent To Monthly Income in Frankfort Square is 0.15x.
| Statistic | Frankfort Square | Illinois | United States |
|---|---|---|---|
| Median Home Value | $331,857 | $285,735 | $332,700 |
| Median Rent | $1,622 | $1,274 | $1,413 |
| Median Income | $126,897 | $83,390 | $80,734 |
| Home Value To Income | 2.6x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.21x |
Frankfort Square, IL Costs By Category
Detailed Frankfort Square Services costs vs. Illinois
| Item | Frankfort Square | Illinois |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $9.99 | $12.13 |
| Bowling | $16.0 | $18 |
| Haircut | $19.72 | $24.26 |
| Beauty Salon | $37.22 | $45.56 |
Detailed Frankfort Square Groceries costs vs. Illinois
| Item | Frankfort Square | Illinois |
|---|---|---|
| Ground Beef | $5.94 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.08 | $4.93 |
| Pizza | $10.69 | $12.09 |
| Beer | $9.61 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Frankfort Square Health costs vs. Illinois
| Item | Frankfort Square | Illinois |
|---|---|---|
| Optometrist | $86.67 | $125.68 |
| Doctor | $110.0 | $135.78 |
| Dentist | $82.0 | $113.29 |
Detailed Frankfort Square Transportation costs vs. Illinois
| Item | Frankfort Square | Illinois |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $45.0 | $59.92 |
Detailed Frankfort Square Utilities costs vs. Illinois
| Item | Frankfort Square | Illinois |
|---|---|---|
| All Electricity | $156.87 | $193.99 |
| Phone | $198.03 | $192.25 |
Frankfort Square SnackAbility
Cost Of Living In Cities Around Frankfort Square
The cost of living varies in the cities and towns around Frankfort Square. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 114, 1.0x Frankfort Square.
Tinley Park, IL has a cost of living index of 111, 1.0x Frankfort Square.
Woodridge, IL has a cost of living index of 116, 1.1x Frankfort Square.
| City | Population | Cost Of Living | Vs. Frankfort Square |
|---|---|---|---|
| Orland Park, IL | 57,916 | 114 | 1.0x |
| Tinley Park, IL | 54,842 | 111 | 1.0x |
| Woodridge, IL | 33,941 | 116 | 1.1x |
| Oak Forest, IL | 26,805 | 106 | 1.0x |
| Darien, IL | 21,879 | 120 | 1.1x |
| Frankfort, IL | 20,651 | 130 | 1.2x |
| Mokena, IL | 20,021 | 117 | 1.1x |
| Matteson, IL | 18,645 | 102 | 0.9x |
| Lemont, IL | 17,820 | 123 | 1.1x |
| Country Club Hills, IL | 16,324 | 99 | 0.9x |
