Lakewood, OH vs Maple Heights, OH
Lakewood, OH and Maple Heights, OH have a very similar cost of living, with only a 3.9% difference in their overall index. Lakewood scores 83 while Maple Heights scores 80 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lakewood is $1,013/month compared to $1,322/month in Maple Heights — a 23% difference. Interestingly, home values tell a different story: while Lakewood has cheaper rent, Maple Heights actually has lower median home values ($89,600 vs $241,500).
Median household income in Lakewood is $65,925 compared to $52,823 in Maple Heights (+24.8%). While Lakewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakewood spend roughly 18.4% of their income on rent, less than the 30% in Maple Heights.
Climate-wise, both cities share similar average temperatures (52.4°F vs 52.3°F). Lakewood receives more rainfall at 41" per year compared to 33.3" in Maple Heights.
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