Cost of Living: Oak Park, 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 Park, IL versus $4,116/mo in New York, NY. In the model, rent is about 21.22% of gross in Oak Park, IL versus 25.92% in New York, NY, so Oak Park, IL tends to feel more affordable for rent.

Take-home in Oak Park, IL
$4,227/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Oak Park, IL
21.22%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Oak Park, IL and New York, NY.

At a glance

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

Cost of Living Index

Oak Park, IL: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Oak Park, IL has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Oak Park, IL: $1,384/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $306/mo higher than in Oak Park, IL.

Median Home Price

Oak Park, IL: $456,300 · New York, NY: $751,700

Median home price in New York, NY is $295,400 higher than in Oak Park, IL.

Median Household Income

Oak Park, IL: $108,026 · New York, NY: $79,713

Oak Park, IL has a higher median household income than New York, NY by $28,313.

Oak Park, IL overview · New York, NY overview · Popular comparisons