Lakewood, NY vs Worcester, NY

Lakewood is moderately more affordable than Worcester, with a 6% lower cost of living index. Lakewood scores 83 compared to 88 for Worcester, where the US average is 100. This difference means residents of Worcester can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lakewood are $146,300 compared to $140,900 in Worcester, a 4% gap.

Median household income in Lakewood is $70,962 compared to $76,731 in Worcester (-7.5%). While Worcester is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.