Oak Park, IL Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Oak Park's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Oak Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Oak Park, IL?

According to the most recent data on the cost of living, Oak Park has an overall cost of living index of 126 which is 1.3x higher than the national index of 100.

Compared to only Illinois, Oak Park has a cost of living index that's 1.3x higher than Illinois's index of 98.

The standard of living in Oak Park ranks as #5091 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Oak Park ranks as the #1315 most expensive place in the Prairie State.

For more reading on life in Oak Park, check out:

Oak Park Cost Of Living Vs. Illinois

Living Expense Oak Park Illinois National Average
Overall 126 98 100
Services 109 98 100
Groceries 104 97 100
Health 100 100 100
Housing 169 95 100
Transportation 125 112 100
Utilities 93 97 100
For more reading on cost of living around Illinois, check out:
Oak Park Cost of Living Vs. IL

Oak Park, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Oak Park Illinois United States
Median Home Value $374,500 $187,200 $204,900
Median Rent $1,147 $984 $1,023
Median Income $91,945 $63,575 $60,293
Home Value To Income 4.1x 2.9x 3.4x
Rent To Monthly Income 0.15x 0.19x 0.2x

Oak Park SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Oak Park

City Population Cost Of Living Vs. Oak Park
Cicero, IL 83,147 98 0.8x
Berwyn, IL 55,949 104 0.8x
Glenview, IL 47,333 145 1.2x
Elmhurst, IL 46,331 132 1.0x
Park Ridge, IL 37,764 132 1.0x
Northbrook, IL 33,463 153 1.2x
Glen Ellyn, IL 27,958 131 1.0x
Wilmette, IL 27,419 164 1.3x
Melrose Park, IL 25,311 103 0.8x
Elmwood Park, IL 24,680 110 0.9x

Articles About Illinois

Enjoy The Snack?