Cost of Living in Lakewood, OH
Population: 50,229 | Ohio
83
Cost of Living Index
US Average = 100
Lakewood is 17% less expensive than the national average.
77
Housing
79
Home Values
93
Regional Price
Income
- Median Household Income
- $65,925
- vs US Median ($75,149)
- -12%
Housing
- Median Rent
- $1,013/mo
- Median Home Value
- $241,500
- Median Monthly Housing Cost
- $1,131/mo
Everyday Prices in Lakewood
BLS Average Prices for the Cleveland, OH (Metropolitan Statistical Area) area
⛽
$2.89
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
⚡
$0.17
Electricity
per kWh
-12% vs US
Climate in Lakewood
NOAA 30-year normals (1991-2020)
52.4°F
Avg Temperature
41"
Rainfall / Year
159d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 47 | 60 | 71 | 80 | 84 | 82 | 76 | 64 | 51 | 40 |
| Avg °F | 29 | 31 | 39 | 50 | 61 | 70 | 75 | 73 | 66 | 55 | 44 | 34 |
| Low °F | 22 | 24 | 31 | 41 | 51 | 61 | 65 | 64 | 57 | 47 | 37 | 28 |
| Rain" | 3.0 | 2.5 | 3.1 | 3.8 | 3.8 | 3.8 | 3.7 | 3.6 | 3.9 | 3.6 | 3.4 | 3.0 |