
Housing costs in Oak Park?
A typical home costs
$401,900, which is 18.9% more expensive than the national average of
$338,100 and 66.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oak Park costs
$1,540 per month, which is 22.2% more than the national average of
$1,260 and 9.1% more than the state average of
$1,400.
Can I afford Oak Park?
To live comfortably in Oak Park (zip 60302), Illinois, a minimum annual income of
$77,040 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Oak Park?
The cost of living in 60302 Oak Park, IL is relatively high compared to other areas of the country. The median home value in this zip code is around $400,000, and the median rent is close to $1,800 per month. Groceries, utilities, transportation costs and health care expenses are all generally higher than average for this area. For those looking for a more affordable lifestyle or lower housing costs, nearby cities such as Cicero and Forest Park may be more attractive options. Despite the higher costs, Oak Park remains an attractive place to live due to its excellent schools and convenient access to downtown Chicago.