Oak Forest, IL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Oak Forest is 93, which is 7% lower than the national average of 100. This makes Oak Forest a more affordable option for housing and miscellaneous expenses, while utilities and groceries remain close to the average. Job seekers may find Oak Forest an attractive location for its relatively lower living costs.
The cost of living in Oak Forest, IL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Oak Forest stand at 88, indicating that residents can expect to pay 12% less than the national average for housing. This reduction can make homeownership or renting more affordable, offering potential savings for those relocating to the area.
In other areas, Oak Forest also shows competitive pricing. Groceries cost 95, which is 5% less than the national average. Utilities are priced at 90, meaning residents pay 10% less for essential services like electricity and water. Transportation costs are on par with the national average at 100, offering no change in expense for commuting. Healthcare and miscellaneous costs also match the national average at 100 and 92, respectively, providing a balanced outlook on overall living expenses.
