River Forest, IN Cost of Living


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River Forest cost of living score
78.9
Less expensive
21.1% lower
than the US average
5.7% lower
than the Indiana average
River Forest, Indiana gets a BestPlaces Cost of Living score of 78.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.1% lower than the U.S. average and 5.7% higher than the average for Indiana.

River Forest, IN

Housing costs in River Forest?
A typical home costs $167,800, which is 50.4% less expensive than the national average of $338,100 and 24.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in River Forest costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford River Forest?
To live comfortably in River Forest, Indiana, a minimum annual income of $32,040 for a family, and $30,400 for a single person is recommended.

What does A.I. say about River Forest?
River Forest, IN has a low cost of living compared to the rest of the United States. According to the latest data from the US Bureau of Labor Statistics, the cost of living index in River Forest is 87.7, which means it is 12.3% below the national average. This makes it an attractive location for those looking to save money and enjoy a lower price point on everyday items like groceries and rent. Additionally, there are plenty of job opportunities available in town due to its proximity to larger cities like Chicago, making it an excellent place for people wanting to start a career or simply relocate somewhere more affordable.
   Cost of living score
     CategoriesRiver ForestIndianaUnited States
  78.983.7100.0
  92.892.9100
  94.794.4100.0
  108.363.8100.0
  $167,800$221,600$338,100
  92.6%97.2%100.0%
  92.485.4100.0
  91.7102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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