Cost of Living: Dallas, TX vs Lakewood, CO (2026)

Dallas

Texas
97
VS

Lakewood

Colorado
141

Dallas is 31% cheaper than Lakewood.

$1,403/mo ↓ 20%
Median Rent
$1,746/mo ↑ 24%
$67,760/yr ↓ 21%
Median Income
$85,789/yr ↑ 27%
$295,300 ↓ 46%
Home Value
$548,200 ↑ 86%
$1,409/mo ↓ 19%
Owner Costs
$1,729/mo ↑ 23%
1,299,553
Population
156,309

Tax Comparison

0%
Income Tax
4.4%
6.25%
State Sales Tax
2.9%
1.6%
Property Tax
0.51%

Affordability

24.8%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Lakewood, CO, the overall cost of living indices are 97 and 141 respectively (national median = 100). Rent is $343/month cheaper in Dallas, saving renters about $4,116/year.

Median household income is $18,029/year higher in Lakewood. Home values also differ significantly — the median in Dallas is $295,300 compared to $548,200 in Lakewood.

Texas has no state income tax, giving Dallas residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Dallas vs Lakewood — common questions

Is Dallas or Lakewood cheaper to live in?
Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 141 (US average = 100).
What is the rent difference between Dallas and Lakewood?
Median rent in Dallas is $1,403/month and in Lakewood it's $1,746/month — a difference of $343/month.
Which city has higher income, Dallas or Lakewood?
Median household income is $67,760 in Dallas and $85,789 in Lakewood. Median household income is $18,029/year higher in Lakewood.
How do taxes compare between Texas and Colorado?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Dallas or Lakewood?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/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 Dallas details → View Lakewood details →

More Comparisons

Other cost of living comparisons for Dallas and Lakewood

Dallas vs. San Diego Dallas vs. San Jose Dallas vs. San Antonio Dallas vs. Austin Dallas vs. Philadelphia Dallas vs. Jacksonville Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield