Cost of Living in Oak Lawn, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

133.6

100 = national avg

+33.6 vs national average

Living Wage (1 Adult)

$58,782

per year

Living Wage (Family of 4)

$138,939

per year

Cost Index by Category

Housing
159.4
Food
113.1
Transportation
126.1
Healthcare
110.4
Utilities
119.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,781

per month

The overall cost of living index in Oak Lawn is 133.6, which is 33.6% above the national average. Housing costs are above the national average at an index of 159.4. A single adult needs to earn approximately $58,782 per year to cover basic expenses.