Housing costs in Park Forest?
A typical home costs
$137,600, which is 59.3% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Park Forest costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 14.3% more than the state average of
$1,260.
Can I afford Park Forest?
To live comfortably in Park Forest, Illinois, a minimum annual income of
$26,280 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Park Forest?
The cost of living in Park Forest, IL is quite affordable compared to other cities in the area. The median home value is $111,400, which is well below the average for Illinois and the US. Additionally, the cost of groceries, transportation, utilities, and health care are all lower than the national average. This makes it an ideal place for those looking to save money on their day to day expenses while still enjoying all that this vibrant community has to offer.