Colorado Springs, CO vs Lakewood, CO: Cost of Living Comparison
Colorado Springs has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Colorado Springs | Lakewood | Cheaper |
|---|---|---|---|
| Overall cost of living | 113 | 132 | Colorado Springs |
| Housing | 121 ($1,093) | 157 ($1,222) | Colorado Springs |
| Transportation | 103 ($3.50) | 102 ($3.50) | Lakewood |
| Food & groceries | 111 ($455) | 115 ($472) | Colorado Springs |
| Utilities | 111 ($218) | 129 ($283) | Colorado Springs |
| Healthcare | 111 ($157) | 129 ($204) | Colorado Springs |
| Median annual wage | 123 ($59,800) | 123 ($59,800) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Colorado Springs, CO or Lakewood, CO cheaper to live in?
Colorado Springs, CO is cheaper overall by about 19 index points (Colorado Springs, CO: 113, Lakewood, CO: 132; 100 = US national average).
What salary do I need in Colorado Springs, CO vs Lakewood, CO?
A single adult needs roughly $39,550/year in Colorado Springs, CO and $46,200/year in Lakewood, CO to cover basic living costs.