Montgomery, IL vs Oak Lawn, IL
There is a significant gap in the cost of living between these two cities. Oak Lawn is 18.5% cheaper than Montgomery. With a cost index of 98 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Lawn to Montgomery should plan for substantially higher expenses across most categories.
On the housing front, median rent in Montgomery is $1,897/month compared to $1,310/month in Oak Lawn — a 45% difference. Home values follow the same pattern: Oak Lawn is more affordable at $267,900 median vs $270,700.
Median household income in Montgomery is $96,985 compared to $82,493 in Oak Lawn (+17.6%). The higher salaries in Montgomery partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montgomery spend roughly 23.5% of their income on rent, more than the 19.1% in Oak Lawn.
Climate-wise, both cities share similar average temperatures (49.4°F vs 52.1°F). Oak Lawn receives more rainfall at 34.4" per year compared to 33.8" in Montgomery.
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