Cost of Living: Oak Forest, IL vs New York, NY
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 $4,116/mo in New York, NY. In the model, rent is about 18.75% of gross in Oak Forest, IL versus 25.92% in New York, NY, 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 New York, NY.
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
Oak Forest, IL: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Oak Forest, IL has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Oak Forest, IL: $1,223/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $467/mo higher than in Oak Forest, IL.
Median Home Price
Oak Forest, IL: $247,800 · New York, NY: $751,700
Median home price in New York, NY is $503,900 higher than in Oak Forest, IL.
Median Household Income
Oak Forest, IL: $87,941 · New York, NY: $79,713
Oak Forest, IL has a higher median household income than New York, NY by $8,228.
Oak Forest, IL overview · New York, NY overview · Popular comparisons