Lake Lakengren, OH vs Willoughby Hills, OH

Willoughby Hills is moderately more affordable than Lake Lakengren, with a 13.1% lower cost of living index. Lake Lakengren scores 103 compared to 91 for Willoughby Hills, where the US average is 100. This difference means residents of Lake Lakengren can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Lakengren is $1,833/month compared to $1,091/month in Willoughby Hills — a 68% difference. Interestingly, home values tell a different story: while Willoughby Hills has cheaper rent, Lake Lakengren actually has lower median home values ($181,000 vs $305,800).

Median household income in Lake Lakengren is $89,295 compared to $61,641 in Willoughby Hills (+44.9%). While Lake Lakengren is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Lakengren spend roughly 24.6% of their income on rent, more than the 21.2% in Willoughby Hills.