Oak Brook, IL Cost Of Living
Cost Of Living In Oak Brook, IL Summary
Cost of living in Oak Brook research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oak Brook is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oak Brook is 191, with 100 being the average.
The cost of living index in Oak Brook is 1.9x higher than the national average.
Oak Brook ranks as the #336 cheapest in Illinois out of 338.
Oak Brook ranks as the #6,276 cheapest out of 6,412 in the US.
The median home value in Oak Brook is $801,600.
The median income in Oak Brook is $146,409.
Table Of Contents
Oak Brook's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oak Brook, IL?
According to the most recent data on the cost of living, Oak Brook has an overall cost of living index of 191, which is 1.9x higher than the national index of 100.
Compared to Illinois, Oak Brook has a cost of living index that's 2.1x higher than Illinois's index of 92.
The standard of living in Oak Brook ranks as #336 most affordable out of the 338 places we measured in Illinois. By definition, that implies Oak Brook ranks as the #2 most expensive place in the Prairie State.
For more reading on life in Oak Brook, check out:
- Living In Oak Brook
- Oak Brook Crime Report
- Search Homes For Sale In Oak Brook, IL
In Illinois
In America
Oak Brook Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Oak Brook. Here is how it fairs on each of the criteria:
The Services index in Oak Brook is 115.
The Groceries index in Oak Brook is 106.
The Health index in Oak Brook is 99.
The Housing index in Oak Brook is 379.
The Transportation index in Oak Brook is 115.
The Utilities index in Oak Brook is 93.
| Living Expense | Oak Brook | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 191 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 106 | 98 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 379 | 81 | 100 | |
| Transportation | 115 | 105 | 100 | |
| Utilities | 93 | 90 | 100 | |
Oak Brook, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Oak Brook is $801,600.
The Median Rent in Oak Brook is $1,625.
The Median Income in Oak Brook is $146,409.
The Home Value To Income in Oak Brook is 5.5x.
The Rent To Monthly Income in Oak Brook is 0.13x.
| Statistic | Oak Brook | Illinois | United States |
|---|---|---|---|
| Median Home Value | $801,600 | $212,600 | $244,900 |
| Median Rent | $1,625 | $1,097 | $1,163 |
| Median Income | $146,409 | $72,563 | $69,021 |
| Home Value To Income | 5.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Oak Brook, IL Costs By Category
Detailed Oak Brook Services Costs Vs. Illinois
Detailed Oak Brook Groceries Costs Vs. Illinois
Detailed Oak Brook Health Costs Vs. Illinois
Detailed Oak Brook Transportation Costs Vs. Illinois
Detailed Oak Brook Utilities Costs Vs. Illinois
Oak Brook SnackAbility
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Cost Of Living In Cities Around Oak Brook
The cost of living varies in the cities and towns around Oak Brook. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 125, 0.7x Oak Brook.
Wheaton, IL has a cost of living index of 118, 0.6x Oak Brook.
Glenview, IL has a cost of living index of 147, 0.8x Oak Brook.
| City | Population | Cost Of Living | Vs. Oak Brook |
|---|---|---|---|
| Arlington Heights, IL | 77,283 | 125 | 0.7x |
| Wheaton, IL | 53,762 | 118 | 0.6x |
| Glenview, IL | 48,150 | 147 | 0.8x |
| Elmhurst, IL | 45,661 | 131 | 0.7x |
| Lombard, IL | 44,311 | 116 | 0.6x |
| Bartlett, IL | 41,126 | 117 | 0.6x |
| Park Ridge, IL | 39,562 | 131 | 0.7x |
| Glen Ellyn, IL | 28,506 | 132 | 0.7x |
| Westmont, IL | 24,632 | 120 | 0.6x |
| Villa Park, IL | 22,755 | 110 | 0.6x |
