Is Austin, TX cheaper than Oak Lawn, IL?

Based on cost of living data, Austin, TX is 4.1% more expensive than Oak Lawn, IL. This translates to spending an extra $307 per month.

What salary do I need in Austin, TX to live like I do in Oak Lawn, IL?

If you earn $150,000 in Oak Lawn, IL, you'd need approximately $153,682.475 in Austin, TX to maintain the same standard of living.

How does housing cost compare between Oak Lawn, IL and Austin, TX?

Housing in Austin, TX is 14.2% more expensive than in Oak Lawn, IL. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $1,276/month in Oak Lawn, IL.

How much can I save per month by moving from Oak Lawn, IL to Austin, TX?

Living in Austin, TX costs approximately $307 more per month than Oak Lawn, IL, or $3682 more per year, based on a $150,000 salary.

Oak Lawn, IL vs Austin, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Oak Lawn, IL — ZIP-level rent data · COL adjusted from Chicago, IL area

Current salary in Oak Lawn, IL

Numbers update automatically as you type

You'd spend $307/month more in Austin, TX

$150.0K in your current city equals $153.7K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from Chicago-Naperville-Elgin, IL-IN-WI area

Overall Cost

↑ 4.1%

More expensive

Monthly Impact

$307

Extra cost

Annual Impact

$3.7K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Oak Lawn, IL

Population:56K

Cost Index:100

Median Home:$274K

Austin, TX

Population:979K

Cost Index:104

Median Home:$558K

Oak Lawn, IL

The Prairie State

56K

Population

State Tax

Yes

Located in Illinois, this city has a population of 56K residents.

Austin, TX

The Lone Star State

979K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Live music capital
•Major tech hub
•SXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Oak Lawn, IL vs Austin, TX

Category	Oak Lawn, IL	Austin, TX	Difference	Change
🏠Housing	$2,526/mo	$2,885/mo	↑ $358more	14.2%
🚗Transportation	$1,538/mo	$1,284/mo	↓ $254less	16.5%
📦Other	$1,609/mo	$1,741/mo	↑ $132more	8.2%
⚡All Utilities	$497/mo	$541/mo	↑ $44.31more	8.9%
🛒Groceries	$985/mo	$959/mo	↓ $25.43less	2.6%
🏥Healthcare	$569/mo	$589/mo	↑ $19.53more	3.4%

🏠Housing

↑ 14.2%

Oak Lawn, IL

$2,526

Austin, TX

$2,885

Difference

$358

🚗Transportation

↓ 16.5%

Oak Lawn, IL

$1,538

Austin, TX

$1,284

Difference

$254

less

📦Other

↑ 8.2%

Oak Lawn, IL

$1,609

Austin, TX

$1,741

Difference

$132

⚡All Utilities

↑ 8.9%

Oak Lawn, IL

$497

Austin, TX

$541

Difference

$44.31

🛒Groceries

↓ 2.6%

Oak Lawn, IL

$985

Austin, TX

$959

Difference

$25.43

less

🏥Healthcare

↑ 3.4%

Oak Lawn, IL

$569

Austin, TX

$589

Difference

$19.53

🏠Rent Comparison

Studio

From$1,058

To$1,585

↑ $527

1 Bed

From$1,136

To$1,685

↑ $549

2 Bed

From$1,276

To$1,995

↑ $719

3 Bed

From$1,642

To$2,525

↑ $883

Oak Lawn, ILZIP-level data

1BR range: $1,460–$1,460/mo

Austin, TXZIP-level data

1BR range: $1,490–$2,350/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,724

Monthly in Oak Lawn, IL

$7,998

Monthly in Austin, TX

$275

Difference

Home Values

Oak Lawn

Austin

$274K

Median Value

$558K

↑ +4.5%

YoY Change

↓ -5%

↑ +36.2%

5-Year Change

↑ +12.6%

$274K

Price Range

$272K - $1.26M

Homes in Austin are 103% more expensive than Oak Lawn

Calculate payment - Oak Lawn Calculate payment - Austin

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $7.4K

Per year

Monthly Difference

$619

More take-home

Effective Rate Diff

4.9%

Rate difference

Oak Lawn, IL

Federal Income Tax

Effective: 18.9%

$25.5K

Illinois State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,797/month

$105.6K

Austin, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Oak Lawn, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Austin, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.