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Lomax, IL vs Oakland, IL

65
Lomax
Illinois
VS
+14.5%
57
Oakland
Illinois

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.

Income & Cost

Cost of Living Index
Lomax
65
Oakland
57
13% cheaper
Median Household Income
Lomax
$51,875
4% higher
Oakland
$49,571

Housing

Median Rent
Lomax
$825
Oakland
$509
38% cheaper
Median Home Value
Lomax
$81,400
16% cheaper
Oakland
$97,200
Population
Lomax
321
Oakland
948

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lomax 51.9°F
Oakland 53.4°F
Summer High
Lomax 85°F
Oakland 86°F
Winter Low
Lomax 16°F
Oakland 20°F
Rainfall
Lomax 37.9"
Oakland 36"
Rainy Days
Lomax 114d
Oakland 108d