Cost of Living: Hialeah, FL vs Lakewood, CO (2026)

Hialeah

Florida
109
VS

Lakewood

Colorado
141

Hialeah is 23% cheaper than Lakewood.

$1,558/mo ↓ 11%
Median Rent
$1,746/mo ↑ 12%
$53,079/yr ↓ 38%
Median Income
$85,789/yr ↑ 62%
$359,200 ↓ 34%
Home Value
$548,200 ↑ 53%
$1,448/mo ↓ 16%
Owner Costs
$1,729/mo ↑ 19%
221,901
Population
156,309

Tax Comparison

0%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
0.86%
Property Tax
0.51%

Affordability

35.2%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Hialeah, FL and Lakewood, CO, the overall cost of living indices are 109 and 141 respectively (national median = 100). Rent is $188/month cheaper in Hialeah, saving renters about $2,256/year.

Median household income is $32,710/year higher in Lakewood. Home values also differ significantly — the median in Hialeah is $359,200 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Hialeah vs Lakewood — common questions

Is Hialeah or Lakewood cheaper to live in?
Based on our cost index, Hialeah is cheaper to live in with an index of 109 compared to 141 (US average = 100).
What is the rent difference between Hialeah and Lakewood?
Median rent in Hialeah is $1,558/month and in Lakewood it's $1,746/month — a difference of $188/month.
Which city has higher income, Hialeah or Lakewood?
Median household income is $53,079 in Hialeah and $85,789 in Lakewood. Median household income is $32,710/year higher in Lakewood.
How do taxes compare between Florida and Colorado?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Hialeah or Lakewood?
It depends on your priorities. Hialeah has a cost index of 109 with median rent of $1,558/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 Hialeah details → View Lakewood details →

More Comparisons

Other cost of living comparisons for Hialeah and Lakewood

Hialeah vs. Baton Rouge Hialeah vs. San Bernardino Hialeah vs. Richmond Hialeah vs. Tacoma Hialeah vs. Fremont Hialeah vs. Port St. Lucie Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield