Zip 60466 (Park Forest, IL) Cost of Living


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How much do I need to live in Park Forest, Illinois?
$2,160 / month
for a family, 60.0% less expensive than the national average A total of $25,920 for the year for a family.
$4,500 / month
for a single person, 5.6% less expensive than the national average A total of $54,000 for the year for a single person.

Park Forest cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Park Forest (zip 60466), 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.

Zip 60466 (Park Forest, IL)

Housing costs in Park Forest?
A typical home costs $135,900, which is 59.8% less expensive than the national average of $338,100 and 43.8% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Park Forest costs $1,550 per month, which is 23.0% more than the national average of $1,260 and 9.7% more than the state average of $1,400.

Can I afford Park Forest?
To live comfortably in Park Forest (zip 60466), Illinois, a minimum annual income of $25,920 for a family, and $54,000 for a single person is recommended.

What does A.I. say about Park Forest?
The cost of living in 60466 Park Forest, IL is quite affordable compared to other parts of the country. The median home value is around $92,400 and the median rental price is around $1,062. This makes it a great place to live for those who are looking for an affordable lifestyle without sacrificing quality of life. The low tax rate also helps keep the cost of living low in this area. Overall, Park Forest offers an excellent quality of life at an affordable price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPark ForestIllinoisUnited States
    Unlock93.7100.0
  92.0  Unlock100.0
    Unlock96.9100.0
  38.2  Unlock100.0
    Unlock$241,700$338,100
  97.5  Unlock100.0
    Unlock106.2100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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