Is Austin, TX cheaper than Oak Park, IL?

Based on cost of living data, Austin, TX is 4.3% more expensive than Oak Park, IL. This translates to spending an extra $320 per month.

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

If you earn $150,000 in Oak Park, IL, you'd need approximately $153,834.486 in Austin, TX to maintain the same standard of living.

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

Housing in Austin, TX is 14.4% more expensive than in Oak Park, IL. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $1,390/month in Oak Park, IL.

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

Living in Austin, TX costs approximately $320 more per month than Oak Park, IL, or $3834 more per year, based on a $150,000 salary.

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

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Cost of Living Comparison 2026

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

Current salary in Oak Park, IL

Numbers update automatically as you type

You'd spend $320/month more in Austin, TX

$150.0K in your current city equals $153.8K in Austin, TX

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

Overall Cost

↑ 4.3%

More expensive

Monthly Impact

$320

Extra cost

Annual Impact

$3.8K

Per year

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

Oak Park, IL

Population:52K

Cost Index:100

Median Home:$422K

Austin, TX

Population:979K

Cost Index:104

Median Home:$558K

Oak Park, IL

The Prairie State

52K

Population

State Tax

Yes

Located in Illinois, this city has a population of 52K 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 Park, IL vs Austin, TX

Category	Oak Park, IL	Austin, TX	Difference	Change
🏠Housing	$2,522/mo	$2,885/mo	↑ $362more	14.4%
🚗Transportation	$1,535/mo	$1,284/mo	↓ $251less	16.4%
📦Other	$1,606/mo	$1,741/mo	↑ $135more	8.4%
⚡All Utilities	$496/mo	$541/mo	↑ $44.71more	9.0%
🛒Groceries	$984/mo	$959/mo	↓ $24.63less	2.5%
🏥Healthcare	$569/mo	$589/mo	↑ $19.99more	3.5%

🏠Housing

↑ 14.4%

Oak Park, IL

$2,522

Austin, TX

$2,885

Difference

$362

🚗Transportation

↓ 16.4%

Oak Park, IL

$1,535

Austin, TX

$1,284

Difference

$251

less

📦Other

↑ 8.4%

Oak Park, IL

$1,606

Austin, TX

$1,741

Difference

$135

⚡All Utilities

↑ 9.0%

Oak Park, IL

$496

Austin, TX

$541

Difference

$44.71

🛒Groceries

↓ 2.5%

Oak Park, IL

$984

Austin, TX

$959

Difference

$24.63

less

🏥Healthcare

↑ 3.5%

Oak Park, IL

$569

Austin, TX

$589

Difference

$19.99

🏠Rent Comparison

Studio

From$1,157

To$1,585

↑ $428

1 Bed

From$1,235

To$1,685

↑ $450

2 Bed

From$1,390

To$1,995

↑ $605

3 Bed

From$1,794

To$2,525

↑ $731

Oak Park, ILZIP-level data

1BR range: $1,450–$2,370/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.

$7,713

Monthly in Oak Park, IL

$7,998

Monthly in Austin, TX

$286

Difference

Home Values

Oak Park

Austin

$422K

Median Value

$558K

↑ +7.8%

YoY Change

↓ -5%

↑ +23%

5-Year Change

↑ +12.6%

$270K - $465K

Price Range

$272K - $1.26M

Homes in Austin are 32% more expensive than Oak Park

Calculate payment - Oak Park 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 Park, 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 Park, 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.