Cost of Living: Lakewood, CO vs Downey, CA (2026)

Lakewood

Colorado
141
VS

Downey

California
169

Lakewood is 17% cheaper than Downey.

$1,746/mo ↓ 8%
Median Rent
$1,892/mo ↑ 8%
$85,789/yr ↓ 2%
Median Income
$87,400/yr ↑ 2%
$548,200 ↓ 25%
Home Value
$728,500 ↑ 33%
$1,729/mo ↓ 13%
Owner Costs
$1,997/mo ↑ 16%
156,309
Population
111,793

Tax Comparison

4.4%
Income Tax
13.3%
2.9%
State Sales Tax
7.25%
0.51%
Property Tax
0.71%

Affordability

24.4%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Downey, CA, the overall cost of living indices are 141 and 169 respectively (national median = 100). Rent is $146/month cheaper in Lakewood, saving renters about $1,752/year.

Median household income is $1,611/year higher in Downey. Home values also differ significantly — the median in Lakewood is $548,200 compared to $728,500 in Downey.

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

Frequently Asked Questions

Lakewood vs Downey — common questions

Is Lakewood or Downey cheaper to live in?
Based on our cost index, Lakewood is cheaper to live in with an index of 141 compared to 169 (US average = 100).
What is the rent difference between Lakewood and Downey?
Median rent in Lakewood is $1,746/month and in Downey it's $1,892/month — a difference of $146/month.
Which city has higher income, Lakewood or Downey?
Median household income is $85,789 in Lakewood and $87,400 in Downey. Median household income is $1,611/year higher in Downey.
How do taxes compare between Colorado and California?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Lakewood or Downey?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Downey has a cost index of 169 with rent of $1,892/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Downey details →

More Comparisons

Other cost of living comparisons for Lakewood and Downey

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield Downey vs. Peoria Downey vs. Murrieta Downey vs. Pompano Beach Downey vs. Pueblo Downey vs. Lansing Downey vs. Miami Gardens