Lakewood, IL vs Port Barrington, IL

Port Barrington is moderately more affordable than Lakewood, with a 12.2% lower cost of living index. Lakewood scores 118 compared to 106 for Port Barrington, where the US average is 100. This difference means residents of Lakewood can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lakewood are $518,500 compared to $361,300 in Port Barrington, a 44% gap.

Median household income in Lakewood is $185,774 compared to $144,167 in Port Barrington (+28.9%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (49.7°F vs 50.8°F). Lakewood receives more rainfall at 33.2" per year compared to 32.3" in Port Barrington.