Lakewood, CO Cost of Living


17 Reviews



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Lakewood cost of living score
132.7
More expensive
32.7% higher
than the US average
10.1% higher
than the Colorado average
Lakewood, Colorado gets a BestPlaces Cost of Living score of 132.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.7% higher than the U.S. average and 10.1% lower than the average for Colorado.

Lakewood, CO

Housing costs in Lakewood?
A typical home costs $561,000, which is 65.9% more expensive than the national average of $338,100 and 6.4% more expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Lakewood costs $1,780 per month, which is 24.5% more than the national average of $1,430 and 7.3% more than the state average of $1,650.

Can I afford Lakewood?
To live comfortably in Lakewood, Colorado, a minimum annual income of $107,640 for a family, and $58,800 for a single person is recommended.

What does A.I. say about Lakewood?
Lakewood, CO is an area with a high cost of living compared to the US average. The median house value in Lakewood is $561,000, which is significantly higher than the national average of $338,100. Similarly, the cost of living in Lakewood is 129.9 which is nearly 30% higher than the US average of 100. For those looking for an affordable place to live, Lakewood may not provide the most bang for their buck.
   Cost of living score
     CategoriesLakewoodColoradoUnited States
  132.7120.5100.0
  101.6100.7100
  83.683.8100.0
  186.2167.5100.0
  $561,000$527,200$338,100
  95.3%98.4%100.0%
  117.1106.7100.0
  154.6120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Lakewood
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As with most internet reviews, evaluate with a grain of sense. While the last reviewer (Ann S.) has some points about Lakewood, she is quite on the cynical and angry  More

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If you ask anyone who has lived in the Denver metro area the last decade they will tell you the entire area is going downhill as it transforms before their eyes.   More

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Over 7 years ago

I am denver south student, I just want see average of Lakewood health, but I didn'the get see in this review. By the way Lakewood is a good town I want to see all  More

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