Richton Park, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
96
Richton Park's Overall Cost Of Living
1.0x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Richton Park is expensive, while a number below 100 means it's a relatively cheap place to live.

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 96 which is 1.0x lower than the national index of 100.

Compared to only 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 #2652 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Richton Park ranks as the #3754 most expensive place in the Prairie State.

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

Richton Park Cost Of Living Vs. Illinois

Living Expense Richton Park Illinois National Average
Overall 96 98 100
Services 98 98 100
Groceries 100 97 100
Health 110 100 100
Housing 85 95 100
Transportation 117 112 100
Utilities 90 97 100
For more reading on cost of living around Illinois, check out:
Richton Park Cost of Living Vs. IL

Richton Park, 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.

$143,300
Median Home Value
$979
Median Rent
$56,324
Median Income
Statistic Richton Park Illinois United States
Median Home Value $143,300 $187,200 $204,900
Median Rent $979 $984 $1,023
Median Income $56,324 $63,575 $60,293
Home Value To Income 2.5x 2.9x 3.4x
Rent To Monthly Income 0.21x 0.19x 0.2x

Richton Park SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
8
Diversity
7
Safety
5
Amenities
9
Education
8
Commute
3

Cost Of Living In Cities Around Richton Park

City Population Cost Of Living Vs. Richton Park
Orland Park, IL 59,100 112 1.2x
Tinley Park, IL 56,898 106 1.1x
Chicago Heights, IL 30,087 90 0.9x
Oak Forest, IL 27,843 100 1.0x
Park Forest, IL 21,699 89 0.9x
Mokena, IL 20,720 112 1.2x
Matteson, IL 19,336 100 1.0x
Frankfort, IL 18,850 127 1.3x
Lemont, IL 16,935 118 1.2x
Palos Heights, IL 12,534 122 1.3x

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