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Davis, IL vs Oakwood, IL

72
Davis
Illinois
VS
+9%
66
Oakwood
Illinois

Oakwood is moderately more affordable than Davis, with a 9% lower cost of living index. Davis scores 72 compared to 66 for Oakwood, where the US average is 100. This difference means residents of Davis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Davis is $918/month compared to $795/month in Oakwood — a 16% difference. Home values follow the same pattern: Oakwood is more affordable at $98,300 median vs $150,000.

Median household income in Davis is $64,107 compared to $43,894 in Oakwood (+46%). While Davis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Davis spend roughly 17.2% of their income on rent, less than the 21.7% in Oakwood.

Income & Cost

Cost of Living Index
Davis
72
Oakwood
66
8% cheaper
Median Household Income
Davis
$64,107
32% higher
Oakwood
$43,894

Housing

Median Rent
Davis
$918
Oakwood
$795
13% cheaper
Median Home Value
Davis
$150,000
Oakwood
$98,300
34% cheaper
Population
Davis
425
Oakwood
1,243

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Davis $2.85
Oakwood
US $3.07
🥚
Eggs (grade A, large)
Davis $2.33
Oakwood
US $2.50
🥛
Milk (whole)
Davis $3.75
Oakwood
US $4.03
🍞
Bread (white)
Davis $1.72
Oakwood
US $1.85
🍗
Chicken breast
Davis $3.86
Oakwood
US $4.14
Electricity
Davis $0.16
Oakwood
US $0.19