River Forest, IL Cost of Living


5 Reviews



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How much do I need to live in River Forest, Illinois?
$9,390 / month
for a family, 73.9% more expensive than the national average A total of $112,680 for the year for a family.
$4,367 / month
for a single person, 8.4% less expensive than the national average A total of $52,400 for the year for a single person.

River Forest cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
River Forest, Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

River Forest, IL

Housing costs in River Forest?
A typical home costs $587,300, which is 73.7% more expensive than the national average of $338,100 and 143.0% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in River Forest costs $1,500 per month, which is 4.9% more than the national average of $1,430 and 16.0% more than the state average of $1,260.

Can I afford River Forest?
To live comfortably in River Forest, Illinois, a minimum annual income of $112,680 for a family, and $52,400 for a single person is recommended.

What does A.I. say about River Forest?
The cost of living in River Forest, IL is quite high. According to BestPlaces, the overall cost of living index in River Forest is 128.88 which is 28.88% higher than the U.S. average. The cost of housing, groceries, transportation, and healthcare are all above average when compared to the national averages while entertainment costs are more or less in line with the rest of the country. As such, it is important for those looking to move to River Forest to consider their budget before making any decisions about relocating there.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRiver ForestIllinoisUnited States
    Unlock93.7100.0
  104.9  Unlock100.0
    Unlock96.9100.0
  216.6  Unlock100.0
    Unlock$241,700$338,100
  95.0  Unlock100.0
    Unlock106.2100.0
  139.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for River Forest
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River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

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River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply

River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply

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