Andover, IL vs Oakwood, IL

Oakwood is moderately more affordable than Andover, with a 6.6% lower cost of living index. Andover scores 70 compared to 66 for Oakwood, where the US average is 100. This difference means residents of Andover can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Andover is $906/month compared to $795/month in Oakwood — a 14% difference. Home values follow the same pattern: Oakwood is more affordable at $98,300 median vs $139,600.

Median household income in Andover is $68,281 compared to $43,894 in Oakwood (+55.6%). While Andover is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Andover spend roughly 15.9% of their income on rent, less than the 21.7% in Oakwood.