Cost of Living in Oak Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
168.1
100 = national avg
+68.1 vs national average
Living Wage (1 Adult)
$73,964
per year
Living Wage (Family of 4)
$174,825
per year
Cost Index by Category
Housing220.7
Food132.6
Transportation128.2
Healthcare126.1
Utilities143.7
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 Park is 168.1, which is 68.1% above the national average. Housing costs are above the national average at an index of 220.7. A single adult needs to earn approximately $73,964 per year to cover basic expenses.