Small City58,362 people

Oak Lawn, IL

Discover how far your salary goes in Oak Lawn. Compare taxes, rent, and living costs.

Cost Index
127
📈 Above Average
Population

58,362

State Tax

5.0%

1BR Rent

$1,540

/month

vs National

+10%

above avg

How far would your salary go in Oak Lawn?

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Rent Prices in Oak Lawn

🏠

Studio

$1,232

/month

$14,784/year

Most Common
🛏️

1 Bedroom

$1,540

/month

$18,480/year

🏡

2 Bedroom

$2,079

/month

$24,948/year

🏘️

3 Bedroom

$2,695

/month

$32,340/year

Taxes in Illinois

State Income Tax

Illinois

5.0%

For a $100k salary, that's ~$4,950/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Oak Lawn, IL?

Oak Lawn has a cost of living index of 127, which is 27% above the national average. A 1-bedroom apartment costs around $1,540/month.

What is the state income tax in Illinois?

Illinois has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Oak Lawn?

The median rent for a 1-bedroom apartment in Oak Lawn is $1,540/month. For a 2-bedroom, expect to pay around $2,079/month. This is 10% above the national average.

Is Oak Lawn a good place to live?

Oak Lawn is a small city with a population of 58,362. The cost of living is above average, making it more expensive than average for the US.

See the complete picture for Oak Lawn

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