Richton Park, IL Cost Of Living

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

Cost of living in Richton Park, Illinois

Cost of living in Richton 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 Richton 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:

98 Cost of living index 1.0x lower vs US
#127 Cheapest in Illinois (of 336)
#2,232 Cheapest in the U.S. (of 6,489)
$214,233 Median home value
$1,294 Median rent
$64,554 Median income
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What is the cost of living in Richton Park, IL?

According to the most recent data on the cost of living, Richton Park has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.

Compared to Illinois, Richton Park has a cost of living index that's 1.0x lower than Illinois's index of 98.

The standard of living in Richton Park ranks as #127 most affordable out of the 336 places we measured in Illinois. By definition, that implies Richton Park ranks as the #209 most expensive place in the Prairie State.

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

Richton Park Cost Of Living Vs. Illinois

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

  • The Services index in Richton Park is 101.

  • The Groceries index in Richton Park is 101.

  • The Health index in Richton Park is 91.

  • The Housing index in Richton Park is 104.

  • The Transportation index in Richton Park is 99.

  • The Utilities index in Richton Park is 100.

Living Expense Richton Park Illinois National Average
Overall 98 98 100
Services 101 99 100
Groceries 101 99 100
Health 91 96 100
Housing 104 101 100
Transportation 99 99 100
Utilities 100 101 100

Richton Park Cost Of Living Compared To Illinois Averages

Services
Richton Park 101
Illinois avg 99
Groceries
Richton Park 101
Illinois avg 99
Health
Richton Park 91
Illinois avg 96
Housing
Richton Park 104
Illinois avg 101
Transportation
Richton Park 99
Illinois avg 99
Utilities
Richton Park 100
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

Richton Park, IL Housing Cost Breakdown

$214,233Median Home Value
$1,294Median Rent
$64,554Median 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 Richton Park is $214,233.

  • The Median Rent in Richton Park is $1,294.

  • The Median Income in Richton Park is $64,554.

  • The Home Value To Income in Richton Park is 3.3x.

  • The Rent To Monthly Income in Richton Park is 0.24x.

Statistic Richton Park Illinois United States
Median Home Value $214,233 $285,735 $332,700
Median Rent $1,294 $1,274 $1,413
Median Income $64,554 $83,390 $80,734
Home Value To Income 3.3x 3.4x 4.1x
Rent To Monthly Income 0.24x 0.18x 0.21x

Richton Park, IL Costs By Category

Detailed Richton Park Services costs vs. Illinois
Item Richton Park 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 Richton Park Groceries costs vs. Illinois
Item Richton Park 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 Richton Park Health costs vs. Illinois
Item Richton Park Illinois
Optometrist $86.67 $125.68
Doctor $110.0 $135.78
Dentist $82.0 $113.29
Detailed Richton Park Transportation costs vs. Illinois
Item Richton Park Illinois
Gasoline $3.52 $3.46
Tire Balancing $45.0 $59.92
Detailed Richton Park Utilities costs vs. Illinois
Item Richton Park Illinois
All Electricity $156.87 $193.99
Phone $198.03 $192.25

Richton Park SnackAbility

8Overall SnackAbility
Jobs 6/10
Housing 8/10
Affordability 8/10
Diversity 6/10
Safety 8/10
Amenities 9/10
Education 8/10
Commute 3/10

Cost Of Living In Cities Around Richton Park

The cost of living varies in the cities and towns around Richton Park. 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, 1.2x Richton Park.

  • Tinley Park, IL has a cost of living index of 111, 1.1x Richton Park.

  • Oak Forest, IL has a cost of living index of 106, 1.1x Richton Park.

City Population Cost Of Living Vs. Richton Park
Orland Park, IL 57,916 114 1.2x
Tinley Park, IL 54,842 111 1.1x
Oak Forest, IL 26,805 106 1.1x
Chicago Heights, IL 26,736 92 0.9x
Park Forest, IL 21,156 92 0.9x
Frankfort, IL 20,651 130 1.3x
Mokena, IL 20,021 117 1.2x
Matteson, IL 18,645 102 1.0x
Lemont, IL 17,820 123 1.3x
Palos Heights, IL 12,152 120 1.2x