Housing costs in Oak Park?
A typical home costs
$222,900, which is 34.1% less expensive than the national average of
$338,100 and 7.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Park costs
$2,140 per month, which is 69.8% more than the national average of
$1,260 and 34.6% more than the state average of
$1,400.
Can I afford Oak Park?
To live comfortably in Oak Park (zip 60301), Illinois, a minimum annual income of
$42,840 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Oak Park?
Living in 60301 Oak Park, IL can be expensive. The median home value in this area is over $400,000, and the median rent for a two-bedroom apartment is around $1,700. With an overall cost of living index that is 35% higher than the national average, it's no wonder why many people are drawn to this lively and vibrant community. That being said, there are still plenty of ways to save money in 60301. Grocery and health care prices are actually lower than the national average, meaning that everyday expenses like groceries and doctor’s visits can be more affordable here. Additionally, dining out at local restaurants and shopping at local stores come with relatively low prices compared to other cities. Even though living in Oak Park may be costly, there are always ways to make it fit within your budget.