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Hillcrest, IL vs Lakewood, IL

83
Hillcrest
Illinois
VS
-29.5%
118
Lakewood
Illinois

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.

Income & Cost

Cost of Living Index
Hillcrest
83
30% cheaper
Lakewood
118
Median Household Income
Hillcrest
$77,609
Lakewood
$185,774
58% higher

Housing

Median Rent
Hillcrest
$1,158
Lakewood
Median Home Value
Hillcrest
$151,900
71% cheaper
Lakewood
$518,500
Population
Hillcrest
1,679
Lakewood
4,699

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillcrest $3.20
Lakewood $3.20
US $3.07
🥚
Eggs (grade A, large)
Hillcrest $2.61
Lakewood $2.61
US $2.50
🥛
Milk (whole)
Hillcrest $4.20
Lakewood $4.20
US $4.03
🍞
Bread (white)
Hillcrest $1.93
Lakewood $1.93
US $1.85
🍗
Chicken breast
Hillcrest $4.32
Lakewood $4.32
US $4.14
Electricity
Hillcrest $0.15
Lakewood $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hillcrest 47.8°F
Lakewood 49.7°F
Summer High
Hillcrest 82°F
Lakewood 84°F
Winter Low
Hillcrest 13°F
Lakewood 16°F
Rainfall
Hillcrest 37.4"
Lakewood 33.2"
Rainy Days
Hillcrest 131d
Lakewood 121d