There are 20 independent living communities near Frankfort, Illinois. Independent living costs in Illinois range from about $19 up to $119 per day, with a median expense running around $70. The monthly cost averages about $2,092 and ranges between $576 and $3,575. On an annual basis, the median cost is around $25,109, which is above the US average of $23,100.
Independent living costs in Frankfort, IL can range from around $1,645 per month up to $5,033 per month, with a median cost of around $2,692 per month. That equates to a yearly cost of $32,307.
Frankfort is a small city in Illinois. It is located within Will County and is included in the Chicago-Naperville-Joliet metro area. While the encompassing metropolitan area has 6,987,494 inhabitants, there are 30,423 living in the city limits. Approximately 23% of the local residents are over the age of 55.
Frankfort has an above average SeniorScore™ of 78. The city has a mean per capita income of $39,000 and a mean household income is $97,000 (the Illinois state average is $54,000). The current unemployment rate is approximately 5.21% and the average home price is $439,500, which is significantly higher than the state average of $187,500.
Frankfort has harsh mean temperatures, with cold winters and pleasant summers. The city gets average amounts of rainfall annually. In relation to other cities in the US, Frankfort has a very low crime rate, moderate water quality, and very low air quality.