Cost of Living in Richton Park, IL
Population 12,576 · Illinois · Data vintage 2023
(100 = US avg)
Richton Park offers a notably favorable income-to-housing ratio for its region. The typical home — $200,000 — costs less than 2.8 times median household income of $71,724, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 12.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Richton Park sits roughly 20 miles east of Joliet — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Joliet's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Richton Park
The median home value in Richton Park is $200,400 — 34% below the national median of $305,000. Median rent runs $1,313/month, equal to than the national median of $1,314/month. The median household income of $71,724/year is 4% lower than the US median of $74,580. The local unemployment rate is 12.0%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Richton Park has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Richton Park, IL?
Richton Park has a cost index of 79 (100 = national average). It is 21% below the national average.
What is average rent in Richton Park, IL?
The median gross rent in Richton Park is $1,313 per month based on 2023 Census data.
What is the average home price in Richton Park?
The median home value in Richton Park is $200,400 according to Zillow and Census data.
What is the median income in Richton Park?
The median household income in Richton Park is $71,724 per year (2023 ACS 5-year estimates).
What is the sales tax in Richton Park, IL?
The combined state and local sales tax rate in Richton Park is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Richton Park, IL affordable?
Yes, Richton Park is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.
Richton Park at a Glance
- Population
- 12,576
- Median Income
- $71,724
- Home Value
- $200,400
- Median Rent
- $1,313/mo
- Unemployment
- 12.0%
- Sales Tax
- 8.7%
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Illinois Rankings
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