Cost of Living in Forest City, IL

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15%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
51%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Forest City Illinois National
Cost of living8598100
Groceries101100100
Health care99100100
Housing4995100
Transportation103101100
Utilities9999100
Lifestyle & Entertainment98100100
Household Items98100100
Education & Childcare97100100
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Homes For Sale In Forest City, IL

property for sale

303 W Market

Forest City, IL
property for sale

29126 County Road 2100 N

Forest City, IL
property for sale

100 S Main St

Forest City, IL
property for sale

204 Chestnut St

Forest City, IL

Cost Of Living Quick Facts

  • The cost of living in Forest City is 14% lower than the Illinois average
  • The cost of living in Forest City is 15% lower than the national average
  • Forest City housing is 51% lower than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Forest City

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$82,808$6,901$1,932$2,484
      Renters$47,624$3,969$1,111$1,429

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Liverpool, IL1318119.1%
      Topeka, IL638218.0%
      St. David, IL5768317.4%
      Mapleton, IL3458316.6%
      New Holland, IL2678416.4%
      Forest City, IL3238515.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Union, AL3237723.5%
      Leland, IA3238613.9%
      Mystic, IA3237722.6%
      Fife Lake, MI3238910.5%
      Diggins, MO3238317.4%
      Forest City, IL3238515.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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