Cost of Living: Lakewood, CO vs Gresham, OR (2026)

Lakewood

Colorado
141
VS

Gresham

Oregon
119

Lakewood is 18% more expensive than Gresham.

$1,746/mo ↑ 16%
Median Rent
$1,508/mo ↓ 14%
$85,789/yr ↑ 17%
Median Income
$73,608/yr ↓ 14%
$548,200 ↑ 25%
Home Value
$440,000 ↓ 20%
$1,729/mo ↑ 9%
Owner Costs
$1,590/mo ↓ 8%
156,309
Population
112,818

Tax Comparison

4.4%
Income Tax
9.9%
2.9%
State Sales Tax
0%
0.51%
Property Tax
0.93%

Affordability

24.4%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Gresham, OR, the overall cost of living indices are 141 and 119 respectively (national median = 100). Rent is $238/month cheaper in Gresham, saving renters about $2,856/year.

Median household income is $12,181/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $440,000 in Gresham.

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

Frequently Asked Questions

Lakewood vs Gresham — common questions

Is Lakewood or Gresham cheaper to live in?
Based on our cost index, Gresham is cheaper to live in with an index of 119 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Gresham?
Median rent in Lakewood is $1,746/month and in Gresham it's $1,508/month — a difference of $238/month.
Which city has higher income, Lakewood or Gresham?
Median household income is $85,789 in Lakewood and $73,608 in Gresham. Median household income is $12,181/year higher in Lakewood.
How do taxes compare between Colorado and Oregon?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Lakewood or Gresham?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Gresham details →

More Comparisons

Other cost of living comparisons for Lakewood and Gresham

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield Gresham vs. Beaumont Gresham vs. Las Cruces Gresham vs. Springfield Gresham vs. Lansing Gresham vs. Odessa Gresham vs. Pompano Beach