Cost of living in Frankfort, IL

Frankfort is a Census village in Cook County, IL. ACS 2024 5-year population is 20,651. Median gross rent is $2,442 (ACS 2024 5-year, this place). Median home value is $481,200. Median household income is $154,375. Insurance is the NAIC state average; food is a USDA plan — no town indexes.