Housing costs in Lakewood?
A typical home costs
$627,600, which is 85.6% more expensive than the national average of
$338,100 and 19.0% 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 80228), Colorado, a minimum annual income of
$120,240 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in 80228 Lakewood, CO is slightly higher than the national average. However, this is largely due to higher housing costs, as rent and mortgage payments are generally more expensive here. Groceries, goods and services such as healthcare and utilities are all comparable to the rest of the country. While there may be an additional cost associated with living in Lakewood, it is still an affordable place to live compared to nearby cities such as Denver or Boulder.