Lakewood, IL vs Wood Dale, IL

Wood Dale is moderately more affordable than Lakewood, with a 6.8% lower cost of living index. Lakewood scores 118 compared to 111 for Wood Dale, 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 $303,400 in Wood Dale, a 71% gap.

Median household income in Lakewood is $185,774 compared to $90,408 in Wood Dale (+105.5%). 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 51.3°F). Wood Dale receives more rainfall at 37.9" per year compared to 33.2" in Lakewood.