Cost of Living: Lakewood, CO vs Hampton, VA (2026)

Lakewood

Colorado
141
VS

Hampton

Virginia
88

Lakewood is 60% more expensive than Hampton.

$1,746/mo ↑ 30%
Median Rent
$1,346/mo ↓ 23%
$85,789/yr ↑ 27%
Median Income
$67,758/yr ↓ 21%
$548,200 ↑ 134%
Home Value
$234,100 ↓ 57%
$1,729/mo ↑ 28%
Owner Costs
$1,347/mo ↓ 22%
156,309
Population
137,334

Tax Comparison

4.4%
Income Tax
5.75%
2.9%
State Sales Tax
5.3%
0.51%
Property Tax
0.8%

Affordability

24.4%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Hampton, VA, the overall cost of living indices are 141 and 88 respectively (national median = 100). Rent is $400/month cheaper in Hampton, saving renters about $4,800/year.

Median household income is $18,031/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $234,100 in Hampton.

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

Frequently Asked Questions

Lakewood vs Hampton — common questions

Is Lakewood or Hampton cheaper to live in?
Based on our cost index, Hampton is cheaper to live in with an index of 88 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Hampton?
Median rent in Lakewood is $1,746/month and in Hampton it's $1,346/month — a difference of $400/month.
Which city has higher income, Lakewood or Hampton?
Median household income is $85,789 in Lakewood and $67,758 in Hampton. Median household income is $18,031/year higher in Lakewood.
How do taxes compare between Colorado and Virginia?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Lakewood or Hampton?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Hampton has a cost index of 88 with rent of $1,346/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Hampton details →

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