Cost of Living: Corona, CA vs Lakewood, CO (2026)

Corona

California
173
VS

Lakewood

Colorado
141

Corona is 32% more expensive than Lakewood.

$2,136/mo ↑ 22%
Median Rent
$1,746/mo ↓ 18%
$106,438/yr ↑ 24%
Median Income
$85,789/yr ↓ 19%
$656,500 ↑ 20%
Home Value
$548,200 ↓ 16%
$2,280/mo ↑ 32%
Owner Costs
$1,729/mo ↓ 24%
158,839
Population
156,309

Tax Comparison

13.3%
Income Tax
4.4%
7.25%
Sales Tax
2.9%
0.71%
Property Tax
0.51%

Affordability

24.1%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Corona, CA and Lakewood, CO, the overall cost of living indices are 173 and 141 respectively (national median = 100). Rent is $390/month cheaper in Lakewood, saving renters about $4,680/year.

Median household income is $20,649/year higher in Corona. Home values also differ significantly — the median in Corona is $656,500 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Corona vs Lakewood — common questions

Is Corona or Lakewood cheaper to live in?
Based on our cost index, Lakewood is cheaper to live in with an index of 141 compared to 173 (US average = 100).
What is the rent difference between Corona and Lakewood?
Median rent in Corona is $2,136/month and in Lakewood it's $1,746/month — a difference of $390/month.
Which city has higher income, Corona or Lakewood?
Median household income is $106,438 in Corona and $85,789 in Lakewood. Median household income is $20,649/year higher in Corona.
How do taxes compare between California and Colorado?
California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Corona or Lakewood?
It depends on your priorities. Corona has a cost index of 173 with median rent of $2,136/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.
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