| Index | Oak Lawn | Illinois | National |
| Cost of living | 106 | 98 | 100 |
| Groceries | 101 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 118 | 95 | 100 |
| Transportation | 105 | 101 | 100 |
| Utilities | 98 | 99 | 100 |
| Lifestyle & Entertainment | 102 | 100 | 100 |
| Household Items | 101 | 100 | 100 |
| Education & Childcare | 95 | 100 | 100 |
Getting a feel for the cost of living in Oak Lawn is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Oak Lawn is 106, which is 6% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The cost of living in Oak Lawn is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Oak Lawn an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Oak Lawn is 17.9% higher than the national average, while the average monthly rent prices are 17.9% higher than average. The affordability of any location can also be influenced by median income levels. Oak Lawn has a median household income of $104,856, which is 28.9% higher than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Oak Lawn, the groceries index registers 1.2% higher than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Oak Lawn, the baseline sales tax rate begins at 6.25%, and income tax rates start at 4.95%.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Oak Lawn, healthcare costs are 0.9% higher than the national average.
The cost of living estimates displayed for Oak Lawn are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Groceries index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $116,000 | $9,667 | $2,706 | $3,480 |
| Renters | $69,689 | $5,807 | $1,626 | $2,091 |
| State | General Sales Tax | With Max Surtax |
| Illinois | 6.25% | 10.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Illinois | 4.95% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| Hodgkins, IL | 1,817 | 83 | 16.9% |
| Ford Heights, IL | 2,801 | 83 | 16.6% |
| Phoenix, IL | 1,450 | 85 | 14.6% |
| Dixmoor, IL | 3,663 | 87 | 12.6% |
| Harvey, IL | 24,931 | 87 | 13.2% |
| Oak Lawn, IL | 57,180 | 106 | 5.8% |
| City | Population | Cost of Living Index | National Avg. |
| Manhattan, KS | 57,133 | 100 | 0.3% |
| Southaven, MS | 57,133 | 95 | 5.0% |
| Kettering, OH | 57,103 | 91 | 8.8% |
| Lakewood, NJ | 57,098 | 151 | 51.0% |
| Apex, NC | 57,037 | 122 | 22.3% |
| Oak Lawn, IL | 57,180 | 106 | 5.8% |
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