Cost of Living: Honolulu, HI vs Lakewood, CO (2026)

Honolulu

Hawaii
175
VS

Lakewood

Colorado
141

Honolulu is 24% more expensive than Lakewood.

$1,783/mo ↑ 2%
Median Rent
$1,746/mo ↓ 2%
$85,428/yr ≈ Same
Median Income
$85,789/yr ≈ Same
$834,100 ↑ 52%
Home Value
$548,200 ↓ 34%
$1,809/mo ↑ 5%
Owner Costs
$1,729/mo ↓ 4%
346,323
Population
156,309

Tax Comparison

11.0%
Income Tax
4.4%
4.0%
State Sales Tax
2.9%
0.32%
Property Tax
0.51%

Affordability

25.0%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Honolulu, HI and Lakewood, CO, the overall cost of living indices are 175 and 141 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $361/year higher in Lakewood. Home values also differ significantly — the median in Honolulu is $834,100 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Honolulu vs Lakewood — common questions

Is Honolulu or Lakewood cheaper to live in?
Based on our cost index, Lakewood is cheaper to live in with an index of 141 compared to 175 (US average = 100).
What is the rent difference between Honolulu and Lakewood?
Median rent in Honolulu is $1,783/month and in Lakewood it's $1,746/month — a difference of $37/month.
Which city has higher income, Honolulu or Lakewood?
Median household income is $85,428 in Honolulu and $85,789 in Lakewood. Median household income is $361/year higher in Lakewood.
How do taxes compare between Hawaii and Colorado?
Hawaii has 11.0% income tax, 4.0% sales tax, and 0.32% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Honolulu or Lakewood?
It depends on your priorities. Honolulu has a cost index of 175 with median rent of $1,783/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 Honolulu details → View Lakewood details →

More Comparisons

Other cost of living comparisons for Honolulu and Lakewood

Honolulu vs. Cleveland Honolulu vs. Anaheim Honolulu vs. New Orleans Honolulu vs. Henderson Honolulu vs. Aurora Honolulu vs. Lexington Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield