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

Grand Prairie

Texas
98
VS

Lakewood

Colorado
141

Grand Prairie is 30% cheaper than Lakewood.

$1,470/mo ↓ 16%
Median Rent
$1,746/mo ↑ 19%
$78,889/yr ↓ 8%
Median Income
$85,789/yr ↑ 9%
$272,200 ↓ 50%
Home Value
$548,200 ↑ 101%
$1,480/mo ↓ 14%
Owner Costs
$1,729/mo ↑ 17%
198,564
Population
156,309

Tax Comparison

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

Affordability

22.4%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Grand Prairie, TX and Lakewood, CO, the overall cost of living indices are 98 and 141 respectively (national median = 100). Rent is $276/month cheaper in Grand Prairie, saving renters about $3,312/year.

Median household income is $6,900/year higher in Lakewood. Home values also differ significantly — the median in Grand Prairie is $272,200 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Grand Prairie vs Lakewood — common questions

Is Grand Prairie or Lakewood cheaper to live in?
Based on our cost index, Grand Prairie is cheaper to live in with an index of 98 compared to 141 (US average = 100).
What is the rent difference between Grand Prairie and Lakewood?
Median rent in Grand Prairie is $1,470/month and in Lakewood it's $1,746/month — a difference of $276/month.
Which city has higher income, Grand Prairie or Lakewood?
Median household income is $78,889 in Grand Prairie and $85,789 in Lakewood. Median household income is $6,900/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 Grand Prairie or Lakewood?
It depends on your priorities. Grand Prairie has a cost index of 98 with median rent of $1,470/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 Grand Prairie details → View Lakewood details →

More Comparisons

Other cost of living comparisons for Grand Prairie and Lakewood

Grand Prairie vs. Sunrise Manor Grand Prairie vs. Montgomery Grand Prairie vs. Birmingham Grand Prairie vs. Grand Rapids Grand Prairie vs. Tallahassee Grand Prairie vs. Sioux Falls Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield