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College Cost Planning in Oak Forest, IL 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Oak Forest, Illinois. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Oak Forest as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$15,400

per year

Avg Private Tuition

$38,000

per year

Avg Rent Near Campus

$819

per month

Local Cost Market

2

benchmark points

Oak Forest Overview

Population

27,403

Student Population

2,517 (9.2%)

Cost of Living Index

86.9 (avg: 100)

Walk Score

51/100

Transit Score

20/100

Unemployment Rate

5.2%

College Cost Calculator for Oak Forest

Cost Inputs

Total Cost (4 Years, Public In-State)

$118,572

Total After Financial Aid

$118,572

Annual Cost

$29,643

Annual After Aid

$29,643

Cost Breakdown (4 Years)

Tuition$61,600
Room & Board$56,972

If Financed (10-Year Loan at 6.5%)

Loan Amount$118,572
Monthly Payment$1,346
Total Interest$42,991
Total Loan Cost$161,563

Education Cost Benchmarks in Oak Forest

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

2

Public tuition

$15,400

Private tuition

$38,000

Community college

$4,757

Cost of Living in Oak Forest vs. National Average

CategoryOak ForestNational AvgDifference
Public Tuition (In-State)$15,400$10,940+$4,460
Monthly Rent Near Campus$819$1,050-$231
Cost of Living Index86.9100-13.099999999999994

Oak Forest's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Oak Forest

51

Walk Score

Somewhat Walkable

20

Transit Score

Minimal Transit

9.2%

Student Population

2,517 students

Oak Forest has a total population of 27,403, with approximately 2,517 college students (9.2% of the population). Oak Forest has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Oak Forest

$35,281

Starting Salary

5.2%

Unemployment Rate

70%

Graduation Rate

~422 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Oak Forest earn a median starting salary of $35,281, which is $281 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 422 years to cover the investment. With average financial aid of $15,386 per student per year, the net cost can change materially by school and program.

Other Cities in Illinois

Methodology & Education Data Sources for Oak Forest

How we compile Oak Forest college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Oak Forest institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Oak Forest's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Oak Forest, IL?

Average annual in-state public university tuition in Oak Forest is $15,400. Private university tuition averages $38,000, and community college tuition averages $4,757. When room and board ($14,243/year) is included, the total annual cost at a public university is approximately $29,643.

How many local cost benchmarks are used for Oak Forest, IL?

Oak Forest uses approximately 2 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,517, which represents 9.2% of the total population.

What is the average rent near campus in Oak Forest?

The average rent near college campuses in Oak Forest is approximately $819 per month. The city has a cost of living index of 86.9 (national average is 100), a walk score of 51, and a public transit score of 20. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Oak Forest?

College graduates in Oak Forest earn a median starting salary of $35,281. The local unemployment rate is 5.2%. With an average financial aid package of $15,386 per student and a 70% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Oak Forest, IL?

With a median starting salary of $35,281 and an average 4-year public university cost of $118,572 (including room and board), the modeled salary premium can recoup the net investment in about 422 years. The 70% graduation rate underscores the importance of choosing the right program and staying on track academically.

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