Housing costs in Oak Brook?
A typical home costs
$714,700, which is 111.4% more expensive than the national average of
$338,100 and 195.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Brook costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Oak Brook?
To live comfortably in Oak Brook (zip 60523), Illinois, a minimum annual income of
$136,800 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Oak Brook?
Living in 60523 Oak Brook, IL comes with a hefty price tag. The median home value is $936,100 and the median rent is $2,195, both of which are more than double the national averages. Additionally, the cost of living in Oak Brook is almost 54% higher than the U.S. average due to the high taxes and prices for goods and services. Residents must also budget for transportation costs as there is limited public transit available. Despite this, many people enjoy living in this affluent suburb thanks to its excellent schools, low crime rate and access to nearby amenities like golf courses and shopping centers.