The cost of living in Oakbrook Terrace, IL, exceeds the nationwide average by 30%. This increase is largely driven by higher housing costs, which are 30% above the national average. Other categories like groceries and transportation also show elevated costs, though utilities and healthcare remain slightly below average.
The cost of living in Oakbrook Terrace, IL, is notably higher than the nationwide average, which is set at 100. Housing costs in Oakbrook Terrace stand at 130, indicating that residents pay 30% more than the national average for housing. This significant increase can impact budgets, especially for those with fixed incomes or lower wages.
Other expenses also reflect higher costs in Oakbrook Terrace. For instance, groceries cost 5% more than the national average, with an index of 105. Utilities, however, are slightly below the national average at 95, offering a small relief. Transportation costs are 10% higher than the national average, with an index of 110. Healthcare costs are 10% lower at 90, which might help offset some of the higher expenses in other areas. Miscellaneous expenses, including entertainment and personal care, are 15% higher, with an index of 115. These figures highlight the overall higher cost of living in Oakbrook Terrace compared to the national average.
