Lakewood, IL vs North Pekin, IL

The cost of living difference between Lakewood, IL and North Pekin, IL is dramatic. North Pekin is 60.4% cheaper than Lakewood, a gap that translates to thousands of dollars per year in household expenses. Lakewood has a cost index of 118 while North Pekin sits at 74, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Lakewood are $518,500 compared to $118,100 in North Pekin, a 339% gap.

Median household income in Lakewood is $185,774 compared to $79,730 in North Pekin (+133%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, North Pekin is notably warmer with an average of 52.7°F compared to 49.7°F in Lakewood. North Pekin receives more rainfall at 37.6" per year compared to 33.2" in Lakewood.