Housing costs in Oakwood Hills?
A typical home costs
$295,300, which is 12.7% less expensive than the national average of
$338,100 and 22.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oakwood Hills costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 18.2% more than the state average of
$1,260.
Can I afford Oakwood Hills?
To live comfortably in Oakwood Hills, Illinois, a minimum annual income of
$56,520 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Oakwood Hills?
Oakwood Hills, IL is known for its relatively low cost of living. This small village offers a variety of housing options at competitive prices, with the median home price coming in at around $312,000. In addition to low home costs, Oakwood Hills also offers an array of amenities such as low taxes and utility rates. The average monthly utility bill is around $100, making it a very affordable place to live. Groceries and other necessities are moderately priced as well. With all these factors taken into account, Oakwood Hills is considered to be an excellent area for people looking for a more affordable lifestyle while still having access to all the modern conveniences they need.