Cost of Living: Lakewood, CO vs Hartford, CT (2026)

Lakewood

Colorado
141
VS

Hartford

Connecticut
81

Lakewood is 74% more expensive than Hartford.

$1,746/mo ↑ 43%
Median Rent
$1,221/mo ↓ 30%
$85,789/yr ↑ 89%
Median Income
$45,300/yr ↓ 47%
$548,200 ↑ 152%
Home Value
$217,200 ↓ 60%
$1,729/mo ↑ 35%
Owner Costs
$1,279/mo ↓ 26%
156,309
Population
119,970

Tax Comparison

4.4%
Income Tax
6.99%
2.9%
State Sales Tax
6.35%
0.51%
Property Tax
2.15%

Affordability

24.4%
rent-to-income
Affordability
32.3%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Hartford, CT, the overall cost of living indices are 141 and 81 respectively (national median = 100). Rent is $525/month cheaper in Hartford, saving renters about $6,300/year.

Median household income is $40,489/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $217,200 in Hartford.

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

Frequently Asked Questions

Lakewood vs Hartford — common questions

Is Lakewood or Hartford cheaper to live in?
Based on our cost index, Hartford is cheaper to live in with an index of 81 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Hartford?
Median rent in Lakewood is $1,746/month and in Hartford it's $1,221/month — a difference of $525/month.
Which city has higher income, Lakewood or Hartford?
Median household income is $85,789 in Lakewood and $45,300 in Hartford. Median household income is $40,489/year higher in Lakewood.
How do taxes compare between Colorado and Connecticut?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Lakewood or Hartford?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Hartford has a cost index of 81 with rent of $1,221/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Hartford details →

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