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Cuyahoga Falls, OH vs Lakewood, OH

78
Cuyahoga Falls
Ohio
VS
-6%
83
Lakewood
Ohio

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.

Income & Cost

Cost of Living Index
Cuyahoga Falls
78
6% cheaper
Lakewood
83
Median Household Income
Cuyahoga Falls
$70,645
7% higher
Lakewood
$65,925

Housing

Median Rent
Cuyahoga Falls
$1,029
Lakewood
$1,013
2% cheaper
Median Home Value
Cuyahoga Falls
$174,700
28% cheaper
Lakewood
$241,500
Population
Cuyahoga Falls
50,864
Lakewood
50,229

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cuyahoga Falls $2.89
Lakewood $2.89
US $3.07
🥚
Eggs (grade A, large)
Cuyahoga Falls $2.35
Lakewood $2.35
US $2.50
🥛
Milk (whole)
Cuyahoga Falls $3.79
Lakewood $3.79
US $4.03
🍞
Bread (white)
Cuyahoga Falls $1.74
Lakewood $1.74
US $1.85
🍗
Chicken breast
Cuyahoga Falls $3.90
Lakewood $3.90
US $4.14
Electricity
Cuyahoga Falls $0.17
Lakewood $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Cuyahoga Falls 52.3°F
Lakewood 52.4°F
Summer High
Cuyahoga Falls 85°F
Lakewood 84°F
Winter Low
Cuyahoga Falls 21°F
Lakewood 22°F
Rainfall
Cuyahoga Falls 32.5"
Lakewood 41"
Rainy Days
Cuyahoga Falls 133d
Lakewood 159d