Lakewood, IL vs Rome, IL

The cost of living difference between Lakewood, IL and Rome, IL is dramatic. Rome is 52.9% cheaper than Lakewood, a gap that translates to thousands of dollars per year in household expenses. Lakewood has a cost index of 118 while Rome sits at 77, 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 $155,700 in Rome, a 233% gap.

Median household income in Lakewood is $185,774 compared to $95,263 in Rome (+95%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

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