Lakewood, IL vs St. Jacob, IL

The cost of living difference between Lakewood, IL and St. Jacob, IL is dramatic. St. Jacob is 35.7% cheaper than Lakewood, a gap that translates to thousands of dollars per year in household expenses. Lakewood has a cost index of 118 while St. Jacob sits at 87, 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 $192,400 in St. Jacob, a 170% gap.

Median household income in Lakewood is $185,774 compared to $107,188 in St. Jacob (+73.3%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, St. Jacob is notably warmer with an average of 57.7°F compared to 49.7°F in Lakewood. St. Jacob receives more rainfall at 43.4" per year compared to 33.2" in Lakewood.