Cost of Living in Frankfort, IL
Overall index: 137 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 133 | +33% | $1,523 |
| Transportation | 100 | +0% | $3.50 |
| Food | 206 | +106% | $845 |
| Utilities | 117 | +17% | $239 |
| Healthcare | 117 | +17% | $173 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Frankfort?
A single adult living comfortably in Frankfort, IL needs approximately $47,950 / year after taxes.
Already earning a salary somewhere else? Compare it directly:
Frequently Asked Questions
What is the cost of living in Frankfort, IL?
The overall cost of living in Frankfort, IL is 37% higher than the US national average (index: 137 where 100 = national average).
How much is rent in Frankfort, IL?
Average rent for a 1-bedroom apartment in Frankfort, IL is about $1,523/month.
Is Frankfort, IL expensive to live in?
Yes, Frankfort, IL is considered expensive (index above national average).
What salary do I need to live in Frankfort, IL?
A single adult needs roughly $47,950/year to cover basic living costs in Frankfort, IL.