Collinsville, IL vs Oak Lawn, IL

There is a significant gap in the cost of living between these two cities. Collinsville is 22.2% cheaper than Oak Lawn. With a cost index of 76 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collinsville to Oak Lawn should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collinsville is $979/month compared to $1,310/month in Oak Lawn — a 25% difference. Home values follow the same pattern: Collinsville is more affordable at $157,700 median vs $267,900.

Median household income in Collinsville is $65,170 compared to $82,493 in Oak Lawn (-21%). The higher salaries in Oak Lawn partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Collinsville spend roughly 18% of their income on rent, less than the 19.1% in Oak Lawn.