Cost of Living: Charlotte, NC vs Lakewood, CO (2026)

Charlotte

North Carolina
108
VS

Lakewood

Colorado
141

Charlotte is 23% cheaper than Lakewood.

$1,504/mo ↓ 14%
Median Rent
$1,746/mo ↑ 16%
$78,438/yr ↓ 9%
Median Income
$85,789/yr ↑ 9%
$351,500 ↓ 36%
Home Value
$548,200 ↑ 56%
$1,487/mo ↓ 14%
Owner Costs
$1,729/mo ↑ 16%
886,283
Population
156,309

Tax Comparison

4.5%
Income Tax
4.4%
4.75%
State Sales Tax
2.9%
0.8%
Property Tax
0.51%

Affordability

23.0%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Charlotte, NC and Lakewood, CO, the overall cost of living indices are 108 and 141 respectively (national median = 100). Rent is $242/month cheaper in Charlotte, saving renters about $2,904/year.

Median household income is $7,351/year higher in Lakewood. Home values also differ significantly — the median in Charlotte is $351,500 compared to $548,200 in Lakewood.

Colorado has a lower income tax rate, making Lakewood slightly more tax-friendly.

Frequently Asked Questions

Charlotte vs Lakewood — common questions

Is Charlotte or Lakewood cheaper to live in?
Based on our cost index, Charlotte is cheaper to live in with an index of 108 compared to 141 (US average = 100).
What is the rent difference between Charlotte and Lakewood?
Median rent in Charlotte is $1,504/month and in Lakewood it's $1,746/month — a difference of $242/month.
Which city has higher income, Charlotte or Lakewood?
Median household income is $78,438 in Charlotte and $85,789 in Lakewood. Median household income is $7,351/year higher in Lakewood.
How do taxes compare between North Carolina and Colorado?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Charlotte or Lakewood?
It depends on your priorities. Charlotte has a cost index of 108 with median rent of $1,504/mo, while Lakewood has a cost index of 141 with rent of $1,746/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Charlotte details → View Lakewood details →

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