Hillcrest, IL vs Lakewood, IL
There is a significant gap in the cost of living between these two cities. Hillcrest is 29.5% cheaper than Lakewood. With a cost index of 83 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hillcrest to Lakewood should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Hillcrest are $151,900 compared to $518,500 in Lakewood, a 71% gap.
Median household income in Hillcrest is $77,609 compared to $185,774 in Lakewood (-58.2%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (47.8°F vs 49.7°F). Hillcrest receives more rainfall at 37.4" per year compared to 33.2" in Lakewood.
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