Cost of Living: Lakeland, FL vs Westminster, CO (2026)

Lakeland

Florida
82
VS

Westminster

Colorado
139

Lakeland is 41% cheaper than Westminster.

$1,299/mo ↓ 28%
Median Rent
$1,816/mo ↑ 40%
$60,947/yr ↓ 37%
Median Income
$96,145/yr ↑ 58%
$229,100 ↓ 54%
Home Value
$497,400 ↑ 117%
$1,149/mo ↓ 38%
Owner Costs
$1,841/mo ↑ 60%
117,030
Population
115,546

Tax Comparison

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

Affordability

25.6%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Lakeland, FL and Westminster, CO, the overall cost of living indices are 82 and 139 respectively (national median = 100). Rent is $517/month cheaper in Lakeland, saving renters about $6,204/year.

Median household income is $35,198/year higher in Westminster. Home values also differ significantly — the median in Lakeland is $229,100 compared to $497,400 in Westminster.

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

Frequently Asked Questions

Lakeland vs Westminster — common questions

Is Lakeland or Westminster cheaper to live in?
Based on our cost index, Lakeland is cheaper to live in with an index of 82 compared to 139 (US average = 100).
What is the rent difference between Lakeland and Westminster?
Median rent in Lakeland is $1,299/month and in Westminster it's $1,816/month — a difference of $517/month.
Which city has higher income, Lakeland or Westminster?
Median household income is $60,947 in Lakeland and $96,145 in Westminster. Median household income is $35,198/year higher in Westminster.
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 Lakeland or Westminster?
It depends on your priorities. Lakeland has a cost index of 82 with median rent of $1,299/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakeland details → View Westminster details →

More Comparisons

Other cost of living comparisons for Lakeland and Westminster

Lakeland vs. Clearwater Lakeland vs. The Woodlands Lakeland vs. North Charleston Lakeland vs. Evansville Lakeland vs. Cambridge Lakeland vs. Brandon Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point