Cost of Living: Oak Forest, IL vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Oak Forest, IL versus $4,227/mo in Chicago, IL. In the model, rent is about 18.75% of gross in Oak Forest, IL versus 20.28% in Chicago, IL, so Oak Forest, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Oak Forest, IL and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Oak Forest, IL
- Lower home prices: Chicago, IL
- Higher median household income: Oak Forest, IL
Cost of Living Index
Oak Forest, IL: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Oak Forest, IL, so a given salary generally stretches further there.
Median Rent
Oak Forest, IL: $1,223/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $100/mo higher than in Oak Forest, IL.
Median Home Price
Oak Forest, IL: $247,800 · Chicago, IL: $147,800
Median home price in Oak Forest, IL is $100,000 higher than in Chicago, IL.
Median Household Income
Oak Forest, IL: $87,941 · Chicago, IL: $56,815
Oak Forest, IL has a higher median household income than Chicago, IL by $31,126.
Oak Forest, IL overview · Chicago, IL overview · Popular comparisons