Home / Compare / Lakemore vs Midvale

Lakemore, OH vs Midvale, OH

77
Lakemore
Ohio
VS
+17.5%
65
Midvale
Ohio

There is a significant gap in the cost of living between these two cities. Midvale is 17.5% cheaper than Lakemore. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Midvale to Lakemore should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lakemore is $1,073/month compared to $855/month in Midvale — a 26% difference. Home values follow the same pattern: Midvale is more affordable at $103,400 median vs $143,700.

Median household income in Lakemore is $54,836 compared to $66,667 in Midvale (-17.7%). Midvale offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lakemore spend roughly 23.5% of their income on rent, more than the 15.4% in Midvale.

Climate-wise, both cities share similar average temperatures (52.3°F vs 51.8°F). Midvale receives more rainfall at 38.7" per year compared to 32.5" in Lakemore.

Income & Cost

Cost of Living Index
Lakemore
77
Midvale
65
15% cheaper
Median Household Income
Lakemore
$54,836
Midvale
$66,667
18% higher

Housing

Median Rent
Lakemore
$1,073
Midvale
$855
20% cheaper
Median Home Value
Lakemore
$143,700
Midvale
$103,400
28% cheaper
Population
Lakemore
2,917
Midvale
1,013

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lakemore 52.3°F
Midvale 51.8°F
Summer High
Lakemore 85°F
Midvale 84°F
Winter Low
Lakemore 21°F
Midvale 21°F
Rainfall
Lakemore 32.5"
Midvale 38.7"
Rainy Days
Lakemore 133d
Midvale 166d