The cost of living index in Franklin Park, IL, is slightly below the nationwide average. Housing stands at 96, which is 4% less expensive than the national average. Groceries are slightly higher at 104, meaning they cost 4% more. Utilities and healthcare are also slightly lower, at 97 and 98 respectively, while transportation and miscellaneous costs are close to average.
Overall, Franklin Park offers a cost of living that is 4% below the national average, making it an attractive option for those looking to reduce living expenses without sacrificing too much.
Franklin Park, IL, shows a cost of living index that is slightly below the nationwide average. The overall cost of living index for Franklin Park stands at 98, indicating a 2% lower cost compared to the national average of 100. This modest difference suggests that residents can generally expect to spend less on living expenses when considering the average metrics.
More specifically, housing costs in Franklin Park are 4% lower than the national average, with an index of 96. Despite this affordability, groceries are 4% higher at 104. Utilities, on the other hand, remain close to the national average with an index of 97. Transportation costs mirror the national average with an index of 102, suggesting no significant difference in this area. Healthcare costs in Franklin Park are nearly on par with the national average at 98, while miscellaneous expenses also align closely, with an index of 99. Overall, Franklin Park presents a slightly lower cost of living, making it a potentially attractive option for job seekers looking to balance cost and quality of life.
