Cost of Living in Franklin Park, IL
Overall index: 89 (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 | 75 | -25% | $772 |
| Transportation | 103 | +3% | $3.50 |
| Food | 102 | +2% | $418 |
| Utilities | 88 | -12% | $135 |
| Healthcare | 88 | -12% | $98 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Franklin Park?
A single adult living comfortably in Franklin Park, IL needs approximately $31,150 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Franklin Park, IL?
The overall cost of living in Franklin Park, IL is 11% lower than the US national average (index: 89 where 100 = national average).
How much is rent in Franklin Park, IL?
Average rent for a 1-bedroom apartment in Franklin Park, IL is about $772/month.
Is Franklin Park, IL expensive to live in?
No, Franklin Park, IL is affordable (below national average).
What salary do I need to live in Franklin Park, IL?
A single adult needs roughly $31,150/year to cover basic living costs in Franklin Park, IL.