Alliance, OH vs Lakewood, OH

There is a significant gap in the cost of living between these two cities. Alliance is 22.3% cheaper than Lakewood. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alliance to Lakewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alliance is $798/month compared to $1,013/month in Lakewood — a 21% difference. Home values follow the same pattern: Alliance is more affordable at $113,300 median vs $241,500.

Median household income in Alliance is $54,608 compared to $65,925 in Lakewood (-17.2%). The higher salaries in Lakewood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Alliance spend roughly 17.5% of their income on rent, less than the 18.4% in Lakewood.

Climate-wise, both cities share similar average temperatures (51.7°F vs 52.4°F). Alliance receives more rainfall at 41.6" per year compared to 41" in Lakewood.