Housing costs in Oak Forest?
A typical home costs
$256,100, which is 24.3% less expensive than the national average of
$338,100 and 6.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Forest costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 6.7% more than the state average of
$1,260.
Can I afford Oak Forest?
To live comfortably in Oak Forest (zip 60452), Illinois, a minimum annual income of
$48,960 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Oak Forest?
The cost of living in 60452 Oak Forest, IL is generally higher than the national average. According to BestPlaces, housing costs such as renting and buying a home are above the US median while groceries and restaurant prices are slightly lower than the US median. The overall cost of living index is about 15% higher than the US average, but transportation and healthcare costs are below the US median. Taxes are also slightly higher than the national average. In general, 60452 Oak Forest, IL is an expensive place to live compared to other cities in the state though some goods and services may be cheaper than other areas.