Housing costs in Oak Park?
A typical home costs
$405,000, which is 19.8% more expensive than the national average of
$338,100 and 67.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Park costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 16.6% more than the state average of
$1,260.
Can I afford Oak Park?
To live comfortably in Oak Park, Illinois, a minimum annual income of
$77,760 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Oak Park?
Oak Park, IL has an overall above average cost of living due primarily to high real estate values and tax rates when compared other places in the state while utility costs tend to be quite consistent across Illinois making it a viable though still expensive option all at once.