Cost of Living in Oakbrook Terrace, IL

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F
25%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
79%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Oakbrook Terrace Illinois National
Cost of living12598100
Groceries102100100
Health care99100100
Housing17995100
Transportation104101100
Utilities10199100
Lifestyle & Entertainment102100100
Household Items101100100
Education & Childcare101100100
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Homes For Sale In Oakbrook Terrace, IL

property for sale

40 N Tower Rd Unit 11K

Oak Brook, IL
property for sale

40 N Tower Rd Unit 8F

Oak Brook, IL
property for sale

40 N Tower Rd Unit 16N

Oak Brook, IL
property for sale

20 N Tower Rd Unit 9C

Oak Brook, IL

Cost Of Living Quick Facts

  • The cost of living in Oakbrook Terrace is 27% higher than the Illinois average
  • The cost of living in Oakbrook Terrace is 25% higher than the national average
  • Oakbrook Terrace housing is 79% higher than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Oakbrook Terrace

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$139,960$11,663$3,266$4,199
      Renters$73,329$6,111$1,711$2,200

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hodgkins, IL1,8178316.9%
      Hometown, IL4,3508911.2%
      Robbins, IL5,2418910.5%
      Blue Island, IL23,702936.9%
      Merrionette Park, IL2,017936.6%
      Oakbrook Terrace, IL3,01812524.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bad Axe, MI3,0188416.2%
      Castle Rock, WA3,0181054.7%
      Port Ludlow, WA3,01814040.5%
      Fairbanks Ranch, CA3,019414313.6%
      Georgian Bay, ON3,016n/a 
      Oakbrook Terrace, IL3,01812524.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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