La Fayette, IL vs Lakewood Shores, IL

There is a significant gap in the cost of living between these two cities. La Fayette is 17.6% cheaper than Lakewood Shores. With a cost index of 75 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from La Fayette to Lakewood Shores should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in La Fayette are $51,000 compared to $181,300 in Lakewood Shores, a 72% gap.

Median household income in La Fayette is $49,519 compared to $76,500 in Lakewood Shores (-35.3%). While Lakewood Shores is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, La Fayette is notably warmer with an average of 52.7°F compared to 49.4°F in Lakewood Shores. La Fayette receives more rainfall at 37.6" per year compared to 33.8" in Lakewood Shores.