Cost of living in River Forest, IL — Housing, Rent & Index

All states·Illinois·River Forest·Cost of living

Housing, rent, and a comparison to the US average.

$739,742
Median home value
/mo
Median rent
208
Cost index (US=100)
+12.2%
Home YoY change

The median home value in River Forest, IL is $739,742 as of 2026-04. That places River Forest above the US average for housing cost, with a cost index of approximately 208 versus a national baseline of 100.

Over the past 12 months, the median home value in River Forest has climbed 12.2%, and over the past five years it has averaged +5.9% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.

Beyond housing, day-to-day costs in River Forest are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$739,742
1-year change+12.2%
5-year CAGR+5.9%
10-year CAGR+4.3%
vs 5-year peak+0.0%

Source: Zillow Home Value Index (ZHVI).

How River Forest compares

Cost index208 (above US)
Median home vs US (~$355k)+108.4%
Population11,909
Momentum score75 (Rising)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.