Forest City cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexForest CityIllinoisNational
Cost of living index8498100
IndexForest CityIllinoisNational
Goods & Services index9797100
Groceries index9497100
Health care index100100100
Housing index5099100
Transportation index98104100
Utilities index10995100

Did you know?

  • The cost of living in Forest City is 15% lower than the Illinois average.
  • The cost of living in Forest City is 16% lower than the national average.
  • The cost of housing in Forest City is 50% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,875$4,323$1,210$1,556
Renters$9,750$813$227$293

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%9.75%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemForest CityNational avg.Difference
Haircut $15.11$15.562.9%
Beauty Salon $21.67$36.1140.0%
Toothpaste $2.14$2.4713.3%
Shampoo $0.81$0.9615.7%
Movie $6.18$10.1338.9%
Bowling $3.63$4.7423.4%

Groceries

ItemForest CityNational avg.Difference
Ground Beef $3.58$3.9810.1%
Fried Chicken $1.44$1.412.6%
Milk $1.39$2.0632.8%
Potatoes $3.08$2.983.2%
Pizza $8.99$9.475.1%
Beer $8.88$8.790.9%

Health Care

ItemForest CityNational avg.Difference
Optometrist $126.17$101.0424.9%
Doctor $103.92$107.443.3%
Dentist $88.83$90.421.8%
Ibuprofen $8.14$9.2812.2%
Lipitor $437.66$426.502.6%

Housing

ItemForest CityNational avg.Difference
Home Price $63,600.00$175,700.0063.8%
Avg. Mortgage Payment $1,181.59$1,133.234.3%
Apartment Rent $744.00$920.0019.1%

Transportation

ItemForest CityNational avg.Difference
Gasoline $1.99$1.990.1%
Tire Balancing $43.30$45.765.4%

Utilities

ItemForest CityNational avg.Difference
All Electricity$183.30$163.8111.9%
Phone $29.99$28.395.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Goofy Ridge, IL24274-26%
Topeka, IL3778-22%
Liverpool, IL11579-21%
St. David, IL55082-18%
San Jose, IL58282-18%
Forest City, IL23284-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sheldahl, IA23287-13%
Sagaponack, NY232843743%
Cayuga, OK23286-14%
Nashville, OH23277-23%
Lake Ka-Ho, IL23281-19%
Forest City, IL23284-16%
Source: The Forest City, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.