Cuyahoga Falls, OH vs Lakewood, OH
Cuyahoga Falls is moderately more affordable than Lakewood, with a 6% lower cost of living index. Cuyahoga Falls scores 78 compared to 83 for Lakewood, where the US average is 100. This difference means residents of Lakewood can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Cuyahoga Falls is $1,029/month compared to $1,013/month in Lakewood — a 2% difference. Interestingly, home values tell a different story: while Lakewood has cheaper rent, Cuyahoga Falls actually has lower median home values ($174,700 vs $241,500).
Median household income in Cuyahoga Falls is $70,645 compared to $65,925 in Lakewood (+7.2%). Cuyahoga Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cuyahoga Falls spend roughly 17.5% of their income on rent, less than the 18.4% in Lakewood.
Climate-wise, both cities share similar average temperatures (52.3°F vs 52.4°F). Lakewood receives more rainfall at 41" per year compared to 32.5" in Cuyahoga Falls.
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