Cost of Living: Gloucester, MA vs Oak Forest, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Gloucester, MA versus $4,227/mo in Oak Forest, IL. In the model, rent is about 20.33% of gross in Gloucester, MA versus 18.75% in Oak Forest, IL, so Oak Forest, IL tends to feel more affordable for rent.

Take-home in Gloucester, MA
$4,224/mo
Income level: below
Take-home in Oak Forest, IL
$4,227/mo
Income level: below
Rent share (1BR) in Gloucester, MA
20.33%
COLI tier: mid-range
Rent share (1BR) in Oak Forest, IL
18.75%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Gloucester, MA and Oak Forest, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Oak Forest, IL
  • Lower rent (median 1BR/2BR): Oak Forest, IL
  • Lower home prices: Oak Forest, IL
  • Higher median household income: Oak Forest, IL

Cost of Living Index

Gloucester, MA: 100 (U.S. = 100) · Oak Forest, IL: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Gloucester, MA: $1,326/mo (midpoint of 1BR/2BR) · Oak Forest, IL: $1,223/mo

Median rent in Gloucester, MA is $103/mo higher than in Oak Forest, IL.

Median Home Price

Gloucester, MA: $587,800 · Oak Forest, IL: $247,800

Median home price in Gloucester, MA is $340,000 higher than in Oak Forest, IL.

Median Household Income

Gloucester, MA: $87,898 · Oak Forest, IL: $87,941

Oak Forest, IL has a higher median household income than Gloucester, MA by $43.

Gloucester, MA overview · Oak Forest, IL overview · Popular comparisons