Libertyville, IL vs Oak Park, IL

Oak Park is moderately more affordable than Libertyville, with a 5.1% lower cost of living index. Libertyville scores 123 compared to 117 for Oak Park, where the US average is 100. This difference means residents of Libertyville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Libertyville is $1,537/month compared to $1,456/month in Oak Park — a 6% difference. Home values follow the same pattern: Oak Park is more affordable at $456,300 median vs $499,300.

Median household income in Libertyville is $162,270 compared to $108,026 in Oak Park (+50.2%). While Libertyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Libertyville spend roughly 11.4% of their income on rent, less than the 16.2% in Oak Park.

Climate-wise, Oak Park is notably warmer with an average of 52.1°F compared to 48.3°F in Libertyville. Libertyville receives more rainfall at 35.3" per year compared to 34.4" in Oak Park.