Cost of Living in Oakwood Hills, IL

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

Cost of Living Overview

Overall Index

164.5

100 = national avg

+64.5 vs national average

Living Wage (1 Adult)

$72,364

per year

Living Wage (Family of 4)

$171,043

per year

Cost Index by Category

Housing
186.5
Food
136.5
Transportation
172.9
Healthcare
129.2
Utilities
139.2

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 Oakwood Hills is 164.5, which is 64.5% above the national average. Housing costs are above the national average at an index of 186.5. A single adult needs to earn approximately $72,364 per year to cover basic expenses.