Lakewood, IL vs Oblong, IL

The cost of living difference between Lakewood, IL and Oblong, IL is dramatic. Oblong is 110.8% cheaper than Lakewood, a gap that translates to thousands of dollars per year in household expenses. Lakewood has a cost index of 118 while Oblong sits at 56, 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 $78,400 in Oblong, a 561% gap.

Median household income in Lakewood is $185,774 compared to $52,702 in Oblong (+252.5%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Oblong is notably warmer with an average of 55.7°F compared to 49.7°F in Lakewood. Oblong receives more rainfall at 41.7" per year compared to 33.2" in Lakewood.