Park Forest, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
87
Park Forest's Overall Cost Of Living
0.9x
Lower Than The National Average
71 out of 338
In Illinois
1,101 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Park Forest is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Park Forest, IL?

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.

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

Park Forest Cost Of Living Vs. Illinois

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
For more reading on cost of living around Illinois, check out:
Park Forest Cost of Living Vs. IL

Park Forest, IL Housing Cost Breakdown

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.

$73,300
Median Home Value
$1,247
Median Rent
$56,393
Median Income
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

Detailed Park Forest Services Costs Vs. Illinois

Item Park Forest Illinois
Shampoo $1.08 $1.06
Movie $10.54 $10.68
Bowling $15.5 $14.67

Detailed Park Forest Groceries Costs Vs. Illinois

Item Park Forest Illinois
Ground Beef $4.97 $4.22
Fried Chicken $1.29 $1.39
Milk $1.69 $2.05

Detailed Park Forest Health Costs Vs. Illinois

Item Park Forest Illinois
Haircut $20.12 $18.62
Beauty Salon $37.89 $39.05
Toothpaste $2.73 $2.34

Detailed Park Forest Transportation Costs Vs. Illinois

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

Detailed Park Forest Utilities Costs Vs. Illinois

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

Park Forest SnackAbility

8
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
8.5
Safety
8
Amenities
9
Education
8
Commute
4

Cost Of Living In Cities Around Park Forest

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

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