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Cheviot, OH vs Lakemore, OH

71
Cheviot
Ohio
VS
-7.7%
77
Lakemore
Ohio

Cheviot is moderately more affordable than Lakemore, with a 7.7% lower cost of living index. Cheviot scores 71 compared to 77 for Lakemore, where the US average is 100. This difference means residents of Lakemore can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cheviot is $878/month compared to $1,073/month in Lakemore — a 18% difference. Home values follow the same pattern: Cheviot is more affordable at $137,900 median vs $143,700.

Median household income in Cheviot is $54,654 compared to $54,836 in Lakemore (-0.3%). Lakemore does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Cheviot spend roughly 19.3% of their income on rent, less than the 23.5% in Lakemore.

Climate-wise, both cities share similar average temperatures (54.7°F vs 52.3°F). Cheviot receives more rainfall at 45.3" per year compared to 32.5" in Lakemore.

Income & Cost

Cost of Living Index
Cheviot
71
8% cheaper
Lakemore
77
Median Household Income
Cheviot
$54,654
Lakemore
$54,836

Housing

Median Rent
Cheviot
$878
18% cheaper
Lakemore
$1,073
Median Home Value
Cheviot
$137,900
4% cheaper
Lakemore
$143,700
Population
Cheviot
8,655
Lakemore
2,917

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cheviot $2.89
Lakemore $2.89
US $3.07
🥚
Eggs (grade A, large)
Cheviot $2.36
Lakemore $2.35
US $2.50
🥛
Milk (whole)
Cheviot $3.80
Lakemore $3.79
US $4.03
🍞
Bread (white)
Cheviot $1.75
Lakemore $1.74
US $1.85
🍗
Chicken breast
Cheviot $3.91
Lakemore $3.90
US $4.14
Electricity
Cheviot $0.17
Lakemore $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Cheviot 54.7°F
Lakemore 52.3°F
Summer High
Cheviot 86°F
Lakemore 85°F
Winter Low
Cheviot 23°F
Lakemore 21°F
Rainfall
Cheviot 45.3"
Lakemore 32.5"
Rainy Days
Cheviot 136d
Lakemore 133d