The cost of living in Forest Park, IL, exceeds the nationwide average in several key areas. Housing costs are 10% higher, groceries are 5% more expensive, and healthcare costs 3% higher. Utilities, transportation, and miscellaneous expenses are slightly below the national average, with utilities at 2% less, transportation at 5% less, and miscellaneous costs at 2% less. Overall, the cost of living index in Forest Park stands at 101, reflecting a 1% increase compared to the national average.
The cost of living in Forest Park, IL, shows some variations compared to the nationwide average, which is set at 100. Housing costs in Forest Park are notably higher, with an index of 110. This means housing expenses are 10% more than the national average. For job seekers considering this area, it is important to budget for higher housing costs.
Other expenses also reflect a similar trend. Groceries in Forest Park have a cost of living index of 105, indicating a 5% increase over the national average. Utilities, while slightly below average at 98, still require a bit more attention in budgeting. Transportation costs are 5% lower at 95, offering some relief. Healthcare costs are slightly higher at 103, which is a 3% increase. Miscellaneous expenses also show a modest rise, with an index of 102, meaning they are 2% higher than the national average. Overall, these figures suggest that while some areas offer savings, others require more careful financial planning.