Lomax, IL vs Oakland, IL
Oakland is moderately more affordable than Lomax, with a 14.5% lower cost of living index. Lomax scores 65 compared to 57 for Oakland, where the US average is 100. This difference means residents of Lomax can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lomax is $825/month compared to $509/month in Oakland — a 62% difference. Interestingly, home values tell a different story: while Oakland has cheaper rent, Lomax actually has lower median home values ($81,400 vs $97,200).
Median household income in Lomax is $51,875 compared to $49,571 in Oakland (+4.6%). Lomax does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lomax spend roughly 19.1% of their income on rent, more than the 12.3% in Oakland.
Climate-wise, both cities share similar average temperatures (51.9°F vs 53.4°F). Lomax receives more rainfall at 37.9" per year compared to 36" in Oakland.
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Climate
NOAA 30-year normals (1991-2020)