Cost of Living in Forest Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.2
100 = national avg
+35.2 vs national average
Living Wage (1 Adult)
$59,501
per year
Living Wage (Family of 4)
$140,639
per year
Cost Index by Category
Housing170.5
Food112.2
Transportation113.2
Healthcare109.7
Utilities121.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Forest Park is 135.2, which is 35.2% above the national average. Housing costs are above the national average at an index of 170.5. A single adult needs to earn approximately $59,501 per year to cover basic expenses.