Lakewood, CO Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Lakewood, CO?

Overall, on average, a gross annual salary of $70,059 is required for an average quality of life in Lakewood, CO.

Does Lakewood, CO have a high cost of living?

Lakewood, CO is ranked 245th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of expensive cities in which to live in the U.S. Lakewood, CO's average monthly rent is 16% lower than than the U.S. average cost of rent.

Is $75K a good salary in Lakewood, CO?

A gross annual salary of $75,000 in Lakewood, CO will yield an average annual net salary of $62,940. Considering that the total average annual cost of living in Lakewood, CO is $50,765, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Lakewood, CO?

The average monthly rent in Lakewood, CO in the city center is $1,409 for a 1 bedroom apartment, $1,709 for a 2 bedroom apartment and $2,102 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,501 for a 1 bedroom apartment, $1,802 for a 2 bedroom apartment and $2,207 for a 3 bedroom apartment.