Oakbrook, KY Cost Of Living
Cost Of Living In Oakbrook, KY Summary
Cost of living in Oakbrook research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oakbrook is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oakbrook is 96, with 100 being the average.
The cost of living index in Oakbrook is 1.0x lower than the national average.
Oakbrook ranks as the #64 cheapest in Kentucky out of 85.
Oakbrook ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Oakbrook is $201,100.
The median income in Oakbrook is $81,272.
Table Of Contents
Oakbrook's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Oakbrook, KY?
According to the most recent data on the cost of living, Oakbrook has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Kentucky, Oakbrook has a cost of living index that's 1.0x higher than Kentucky's index of 94.
The standard of living in Oakbrook ranks as #64 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Oakbrook ranks as the #21 most expensive place in the Bluegrass State.
For more reading on life in Oakbrook, check out:
- Living In Oakbrook
- Search Homes For Sale In Oakbrook, KY
In Kentucky
In America
Oakbrook Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Oakbrook. Here is how it fairs on each of the criteria:
The Services index in Oakbrook is 101.
The Groceries index in Oakbrook is 95.
The Health index in Oakbrook is 99.
The Housing index in Oakbrook is 87.
The Transportation index in Oakbrook is 108.
The Utilities index in Oakbrook is 89.
| Living Expense | Oakbrook | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 96 | 94 | 100 | |
| Services | 101 | 105 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 99 | 79 | 100 | |
| Housing | 87 | 75 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 89 | 106 | 100 | |
Oakbrook, KY Housing Cost Breakdown
Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Oakbrook is $201,100.
The Median Rent in Oakbrook is $1,286.
The Median Income in Oakbrook is $81,272.
The Home Value To Income in Oakbrook is 2.5x.
The Rent To Monthly Income in Oakbrook is 0.19x.
| Statistic | Oakbrook | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $201,100 | $155,100 | $244,900 |
| Median Rent | $1,286 | $826 | $1,163 |
| Median Income | $81,272 | $55,454 | $69,021 |
| Home Value To Income | 2.5x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Oakbrook, KY Costs By Category
Detailed Oakbrook Services Costs Vs. Kentucky
Detailed Oakbrook Groceries Costs Vs. Kentucky
Detailed Oakbrook Health Costs Vs. Kentucky
Detailed Oakbrook Transportation Costs Vs. Kentucky
Detailed Oakbrook Utilities Costs Vs. Kentucky
Oakbrook SnackAbility
/10
Cost Of Living In Cities Around Oakbrook
The cost of living varies in the cities and towns around Oakbrook. Here's a quick look at the cost of living in the most populous nearby places:
Florence, KY has a cost of living index of 94, 1.0x Oakbrook.
Erlanger, KY has a cost of living index of 89, 0.9x Oakbrook.
Burlington, KY has a cost of living index of 96, 1.0x Oakbrook.
| City | Population | Cost Of Living | Vs. Oakbrook |
|---|---|---|---|
| Florence, KY | 31,699 | 94 | 1.0x |
| Erlanger, KY | 19,506 | 89 | 0.9x |
| Burlington, KY | 18,394 | 96 | 1.0x |
| Bridgetown, OH | 13,257 | 90 | 0.9x |
| Monfort Heights, OH | 13,221 | 98 | 1.0x |
| Harrison, OH | 12,801 | 91 | 0.9x |
| Mack, OH | 11,452 | 104 | 1.1x |
| Dent, OH | 11,069 | 96 | 1.0x |
| Forestville, OH | 10,485 | 99 | 1.0x |
| Elsmere, KY | 9,080 | 91 | 0.9x |
