Oak Park, MI, has a higher cost of living compared to the nationwide average. The overall cost of living index in Oak Park is 106, which is 6% higher than the national average of 100. Housing costs in Oak Park are particularly elevated, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers should consider these higher living expenses when evaluating opportunities in Oak Park.
The cost of living in Oak Park, MI, shows some differences when compared to the nationwide average. For housing, Oak Park has an index of 120, which means it costs 20% more than the national average. This higher cost can be a significant factor for those considering a move to the area. Groceries in Oak Park have an index of 105, indicating a 5% increase over the national average. This means that while groceries are slightly more expensive, the difference is not as pronounced as in housing.
Utilities in Oak Park, with an index of 95, are 5% less expensive than the national average. This can be a positive point for residents, as it helps offset some of the higher costs in other areas. Transportation costs in Oak Park stand at an index of 110, which is 10% higher than the national average. Healthcare costs are slightly below the national average, with an index of 98, meaning they are 2% cheaper. Miscellaneous expenses in Oak Park have an index of 102, which is 2% higher than the national average. Overall, Oak Park presents a mix of costs, with some areas being more expensive and others less so than the national average.
