Cost of Living: Eugene, OR vs Lakewood, CO (2026)

Eugene

Oregon
111
VS

Lakewood

Colorado
141

Eugene is 21% cheaper than Lakewood.

$1,347/mo ↓ 23%
Median Rent
$1,746/mo ↑ 30%
$63,836/yr ↓ 26%
Median Income
$85,789/yr ↑ 34%
$435,400 ↓ 21%
Home Value
$548,200 ↑ 26%
$1,421/mo ↓ 18%
Owner Costs
$1,729/mo ↑ 22%
177,520
Population
156,309

Tax Comparison

9.9%
Income Tax
4.4%
0%
State Sales Tax
2.9%
0.93%
Property Tax
0.51%

Affordability

25.3%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Eugene, OR and Lakewood, CO, the overall cost of living indices are 111 and 141 respectively (national median = 100). Rent is $399/month cheaper in Eugene, saving renters about $4,788/year.

Median household income is $21,953/year higher in Lakewood. Home values also differ significantly — the median in Eugene is $435,400 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Eugene vs Lakewood — common questions

Is Eugene or Lakewood cheaper to live in?
Based on our cost index, Eugene is cheaper to live in with an index of 111 compared to 141 (US average = 100).
What is the rent difference between Eugene and Lakewood?
Median rent in Eugene is $1,347/month and in Lakewood it's $1,746/month — a difference of $399/month.
Which city has higher income, Eugene or Lakewood?
Median household income is $63,836 in Eugene and $85,789 in Lakewood. Median household income is $21,953/year higher in Lakewood.
How do taxes compare between Oregon and Colorado?
Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Eugene or Lakewood?
It depends on your priorities. Eugene has a cost index of 111 with median rent of $1,347/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 Eugene details → View Lakewood details →

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