According to the most recent data on the cost of living, Park Forest has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.
Compared to only Illinois, Park Forest has a cost of living index that's 0.9x lower than Illinois's index of 98.
The standard of living in Park Forest ranks as #1,101 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Park Forest ranks as the #5,317 most expensive place in the Prairie State.
Living Expense | Park Forest | Illinois | National Average | |
---|---|---|---|---|
Overall | 87 | 98 | 100 | |
Services | 98 | 95 | 100 | |
Groceries | 95 | 97 | 100 | |
Health | 111 | 99 | 100 | |
Housing | 60 | 96 | 100 | |
Transportation | 112 | 105 | 100 | |
Utilities | 91 | 94 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Park Forest | Illinois | United States |
---|---|---|---|
Median Home Value | $73,300 | $202,100 | $229,800 |
Median Rent | $1,247 | $1,038 | $1,096 |
Median Income | $56,393 | $68,428 | $64,994 |
Home Value To Income | 1.3x | 3.0x | 3.5x |
Rent To Monthly Income | 0.27x | 0.18x | 0.2x |
Item | Park Forest | Illinois |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $10.54 | $10.68 |
Bowling | $15.5 | $14.67 |
Item | Park Forest | Illinois |
---|---|---|
Ground Beef | $4.97 | $4.22 |
Fried Chicken | $1.29 | $1.39 |
Milk | $1.69 | $2.05 |
Item | Park Forest | Illinois |
---|---|---|
Haircut | $20.12 | $18.62 |
Beauty Salon | $37.89 | $39.05 |
Toothpaste | $2.73 | $2.34 |
Item | Park Forest | Illinois |
---|---|---|
Potatoes | $3.81 | $3.29 |
Pizza | $10.98 | $10.62 |
Beer | $8.53 | $9.38 |
Optometrist | $107.11 | $108.57 |
Doctor | $157.4 | $116.17 |
Dentist | $103.57 | $99.13 |
Item | Park Forest | Illinois |
---|---|---|
Gasoline | $2.4 | $2.22 |
Tire Balancing | $56.78 | $50.07 |
All Electricity | $130.12 | $167.67 |
Phone | $191.29 | $175.64 |
City | Population | Cost Of Living | Vs. Park Forest |
---|---|---|---|
Orland Park, IL | 58,380 | 112 | 1.3x |
Tinley Park, IL | 56,082 | 105 | 1.2x |
Chicago Heights, IL | 29,598 | 90 | 1.0x |
Oak Forest, IL | 27,403 | 99 | 1.1x |
Homer Glen, IL | 24,521 | 120 | 1.4x |
Mokena, IL | 20,720 | 110 | 1.3x |
Matteson, IL | 19,374 | 99 | 1.1x |
Homewood, IL | 18,656 | 98 | 1.1x |
Palos Hills, IL | 17,172 | 105 | 1.2x |
Richton Park, IL | 13,381 | 95 | 1.1x |