Cost of living in Oak Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oak Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oak Park is 197, with 100 being the average.
The cost of living index in Oak Park is 2.0x higher than the national average.
Oak Park ranks as the #521 cheapest in California out of 634.
Oak Park ranks as the #6,303 cheapest out of 6,489 in the US.
The median home value in Oak Park is $1,128,097.
The median income in Oak Park is $160,484.
According to the most recent data on the cost of living, Oak Park has an overall cost of living index of 197, which is 2.0x higher than the national index of 100.
Compared to California, Oak Park has a cost of living index that's 1.4x higher than California's index of 141.
The standard of living in Oak Park ranks as #521 most affordable out of the 634 places we measured in California. By definition, that implies Oak Park ranks as the #113 most expensive place in the Golden State.
For more reading on life in Oak Park, check out:
Six factors go into calculating the cost of living index in Oak Park. Here is how it fairs on each of the criteria:
The Services index in Oak Park is 114.
The Groceries index in Oak Park is 113.
The Health index in Oak Park is 110.
The Housing index in Oak Park is 389.
The Transportation index in Oak Park is 123.
The Utilities index in Oak Park is 110.
| Living Expense | Oak Park | California | National Average | |
|---|---|---|---|---|
| Overall | 197 | 141 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 110 | 110 | 100 | |
| Housing | 389 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 110 | 128 | 100 | |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Oak Park is $1,128,097.
The Median Rent in Oak Park is $3,150.
The Median Income in Oak Park is $160,484.
The Home Value To Income in Oak Park is 7.0x.
The Rent To Monthly Income in Oak Park is 0.24x.
| Statistic | Oak Park | California | United States |
|---|---|---|---|
| Median Home Value | $1,128,097 | $763,287 | $303,400 |
| Median Rent | $3,150 | $1,956 | $1,348 |
| Median Income | $160,484 | $96,334 | $78,538 |
| Home Value To Income | 7.0x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.24x | 0.21x |
| Item | Oak Park | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
| Item | Oak Park | California |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $2.08 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $16.13 | $12.09 |
| Beer | $9.6 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
| Item | Oak Park | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
| Item | Oak Park | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
| Item | Oak Park | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
The cost of living varies in the cities and towns around Oak Park. Here's a quick look at the cost of living in the most populous nearby places:
Simi Valley, CA has a cost of living index of 172, 0.9x Oak Park.
Thousand Oaks, CA has a cost of living index of 185, 0.9x Oak Park.
Santa Monica, CA has a cost of living index of 265, 1.3x Oak Park.
| City | Population | Cost Of Living | Vs. Oak Park |
|---|---|---|---|
| Simi Valley, CA | 125,769 | 172 | 0.9x |
| Thousand Oaks, CA | 125,676 | 185 | 0.9x |
| Santa Monica, CA | 91,535 | 265 | 1.3x |
| Camarillo, CA | 70,244 | 170 | 0.9x |
| Moorpark, CA | 35,957 | 174 | 0.9x |
| Calabasas, CA | 22,869 | 235 | 1.2x |
| Stevenson Ranch, CA | 21,317 | 191 | 1.0x |
| Agoura Hills, CA | 19,881 | 199 | 1.0x |
| Fillmore, CA | 16,665 | 143 | 0.7x |
| Topanga, CA | 8,781 | 241 | 1.2x |