Chillicothe, OH vs Lakewood, OH

There is a significant gap in the cost of living between these two cities. Chillicothe is 16.2% cheaper than Lakewood. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chillicothe to Lakewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chillicothe is $842/month compared to $1,013/month in Lakewood — a 17% difference. Home values follow the same pattern: Chillicothe is more affordable at $145,900 median vs $241,500.

Median household income in Chillicothe is $49,193 compared to $65,925 in Lakewood (-25.4%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chillicothe spend roughly 20.5% of their income on rent, more than the 18.4% in Lakewood.

Climate-wise, both cities share similar average temperatures (52.2°F vs 52.4°F). Lakewood receives more rainfall at 41" per year compared to 40.3" in Chillicothe.