Latham, IL vs Oakland, IL

Oakland is moderately more affordable than Latham, with a 14.3% lower cost of living index. Latham scores 65 compared to 57 for Oakland, where the US average is 100. This difference means residents of Latham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Latham is $936/month compared to $509/month in Oakland — a 84% difference. Interestingly, home values tell a different story: while Oakland has cheaper rent, Latham actually has lower median home values ($79,000 vs $97,200).

Median household income in Latham is $76,667 compared to $49,571 in Oakland (+54.7%). While Latham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Latham spend roughly 14.7% of their income on rent, more than the 12.3% in Oakland.

Climate-wise, both cities share similar average temperatures (53.1°F vs 53.4°F). Latham receives more rainfall at 36.4" per year compared to 36" in Oakland.