Housing costs in River Forest?
A typical home costs
$601,300, which is 77.8% more expensive than the national average of
$338,100 and 148.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in River Forest costs
$1,460 per month, which is 15.9% more than the national average of
$1,260 and 4.1% more than the state average of
$1,400.
Can I afford River Forest?
To live comfortably in River Forest (zip 60305), Illinois, a minimum annual income of
$115,200 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about River Forest?
The cost of living in 60305 River Forest, IL is quite high due to its proximity to downtown Chicago and the many amenities the city has to offer. According to BestPlaces, the cost of living index for 60305 is 156.17 compared to the US average of 100, making it 56% higher than average. This is mainly due to transportation and housing costs; rent for a one-bedroom apartment in this area averages around $1,400 per month. Groceries are also more expensive than average, with a meal at an inexpensive restaurant costing around $15-20. However, there are plenty of benefits that come with living in this affluent suburb such as access to top-notch schools, parks and recreational activities.