Housing costs in Lakewood?
A typical home costs
$530,700, which is 57.0% more expensive than the national average of
$338,100 and 0.7% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Lakewood costs
$1,800 per month, which is 9.1% more than the national average of
$1,650 and 3.3% cheaper than the state average of
$1,860.
Can I afford Lakewood?
To live comfortably in Lakewood (zip 80227), Colorado, a minimum annual income of
$101,520 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in 80227 Lakewood, CO is fairly high compared to the national average. As of October 2020, the estimated median home price in this zip code was $524,800 - a figure that is significantly higher than the national average of $231,200. Renters can expect to pay around $1,720 for a one bedroom apartment. The area also has above-average food and transportation costs when compared to the USAverage. Additionally, utility bills such as electric and water can be quite expensive. Overall, living in 80227 Lakewood, CO can be an expensive endeavor; however with its close proximity to Denver's many attractions and outdoor activities it may well be worth it!