Housing costs in Oak Lawn?
A typical home costs
$251,100, which is 25.7% less expensive than the national average of
$338,100 and 3.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Lawn costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 8.0% more than the state average of
$1,260.
Can I afford Oak Lawn?
To live comfortably in Oak Lawn (zip 60453), Illinois, a minimum annual income of
$48,240 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Oak Lawn?
The cost of living in 60453 Oak Lawn, IL is generally considered to be slightly higher than the national average. This is mainly due to the town's proximity to downtown Chicago, resulting in higher housing costs and prices for goods and services. Despite this, Oak Lawn offers a variety of affordable options for those looking to live near the city center while avoiding some of the costlier residential areas within Chicago. Residents also benefit from the town's relatively low crime rate and wide selection of amenities, from parks and recreation centers to shopping districts and entertainment venues. All told, 60453 Oak Lawn is an attractive option for those looking for an enjoyable urban lifestyle without breaking their budgets.