Cost of Living in Oak Forest, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.6
100 = national avg
+35.6 vs national average
Living Wage (1 Adult)
$59,672
per year
Living Wage (Family of 4)
$141,042
per year
Cost Index by Category
Housing156.8
Food117.2
Transportation129.7
Healthcare113.8
Utilities121.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Oak Forest is 135.6, which is 35.6% above the national average. Housing costs are above the national average at an index of 156.8. A single adult needs to earn approximately $59,672 per year to cover basic expenses.