Cambria, IL vs Lakewood Shores, IL

There is a significant gap in the cost of living between these two cities. Cambria is 18.3% cheaper than Lakewood Shores. With a cost index of 75 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cambria to Lakewood Shores should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cambria is $973/month compared to $1,339/month in Lakewood Shores — a 27% difference. Home values follow the same pattern: Cambria is more affordable at $140,100 median vs $181,300.

Median household income in Cambria is $51,042 compared to $76,500 in Lakewood Shores (-33.3%). While Lakewood Shores is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambria spend roughly 22.9% of their income on rent, more than the 21% in Lakewood Shores.