The cost of living in Oakbrook Terrace, IL, surpasses the nationwide average in several categories. Housing prices stand at 20% higher, groceries are 5% more expensive, and healthcare costs are 10% above average. However, utilities and miscellaneous expenses are nearly on par with the national average. Transportation costs in Oakbrook Terrace mirror the national average, offering a neutral point of comparison. Overall, residents can expect to allocate 10% more of their budget compared to the nationwide average, with housing and healthcare being the most significant factors.
The cost of living in Oakbrook Terrace, IL, is notably higher than the nationwide average, according to recent data. Housing costs in Oakbrook Terrace stand at 120, which is 20% above the national average of 100. This means that residents pay 20% more for housing compared to the average American. Groceries, while slightly elevated at 105, show only a 5% increase over the national average. This minor hike suggests that food costs are relatively comparable to the national standard.
Utilities in Oakbrook Terrace are slightly below the national average, sitting at 95, a 5% reduction. This indicates that residents may find minor savings in their utility bills compared to the nationwide figure. Transportation costs mirror the national average at 100, offering no additional expense or savings. Healthcare costs, however, are 10% higher, coming in at 110, which adds to the overall living expenses. Miscellaneous costs are nearly in line with the national average at 102, showing just a 2% increase. Overall, Oakbrook Terrace presents a living situation where housing and healthcare notably surpass the national average, but other expenses are relatively close to or slightly below it.
