Oakwood, IL vs Wadsworth, IL

The cost of living difference between Oakwood, IL and Wadsworth, IL is dramatic. Oakwood is 33.4% cheaper than Wadsworth, a gap that translates to thousands of dollars per year in household expenses. Oakwood has a cost index of 66 while Wadsworth sits at 99, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Oakwood is $795/month compared to $1,052/month in Wadsworth — a 24% difference. Home values follow the same pattern: Oakwood is more affordable at $98,300 median vs $377,900.

Median household income in Oakwood is $43,894 compared to $121,583 in Wadsworth (-63.9%). While Wadsworth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakwood spend roughly 21.7% of their income on rent, more than the 10.4% in Wadsworth.

Climate-wise, Oakwood is notably warmer with an average of 52.3°F compared to 48.3°F in Wadsworth. Oakwood receives more rainfall at 40.4" per year compared to 35.3" in Wadsworth.