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Liberty, IL vs Oakwood, IL

75
Liberty
Illinois
VS
+14.3%
66
Oakwood
Illinois

Oakwood is moderately more affordable than Liberty, with a 14.3% lower cost of living index. Liberty scores 75 compared to 66 for Oakwood, where the US average is 100. This difference means residents of Liberty can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Liberty is $1,036/month compared to $795/month in Oakwood — a 30% difference. Home values follow the same pattern: Oakwood is more affordable at $98,300 median vs $124,000.

Median household income in Liberty is $85,417 compared to $43,894 in Oakwood (+94.6%). While Liberty is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Liberty spend roughly 14.6% of their income on rent, less than the 21.7% in Oakwood.

Climate-wise, both cities share similar average temperatures (53°F vs 52.3°F). Oakwood receives more rainfall at 40.4" per year compared to 36.4" in Liberty.

Income & Cost

Cost of Living Index
Liberty
75
Oakwood
66
13% cheaper
Median Household Income
Liberty
$85,417
49% higher
Oakwood
$43,894

Housing

Median Rent
Liberty
$1,036
Oakwood
$795
23% cheaper
Median Home Value
Liberty
$124,000
Oakwood
$98,300
21% cheaper
Population
Liberty
423
Oakwood
1,243

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Liberty 53°F
Oakwood 52.3°F
Summer High
Liberty 86°F
Oakwood 88°F
Winter Low
Liberty 19°F
Oakwood 16°F
Rainfall
Liberty 36.4"
Oakwood 40.4"
Rainy Days
Liberty 109d
Oakwood 102d