Cost of Living in Oak Lawn, IL
Population 57,098 · Illinois · Data vintage 2023
(100 = US avg)
The Oak Lawn cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $268,000, rents near $1,310 a month.
Oak Lawn sits roughly 9 miles southwest of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 15% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oak Lawn
The median home value in Oak Lawn is $267,900 — 12% below the national median of $305,000. Median rent runs $1,310/month, equal to than the national median of $1,314/month. The median household income of $82,493/year is 11% higher than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Oak Lawn has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Oak Lawn, IL?
Oak Lawn has a cost index of 93 (100 = national average). It is 7% below the national average.
What is average rent in Oak Lawn, IL?
The median gross rent in Oak Lawn is $1,310 per month based on 2023 Census data.
What is the average home price in Oak Lawn?
The median home value in Oak Lawn is $267,900 according to Zillow and Census data.
What is the median income in Oak Lawn?
The median household income in Oak Lawn is $82,493 per year (2023 ACS 5-year estimates).
What is the sales tax in Oak Lawn, IL?
The combined state and local sales tax rate in Oak Lawn is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Oak Lawn, IL affordable?
Oak Lawn is near the national average in terms of cost of living, with an index of 93 (100 = US average).
Oak Lawn at a Glance
- Population
- 57,098
- Median Income
- $82,493
- Home Value
- $267,900
- Median Rent
- $1,310/mo
- Unemployment
- 5.1%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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