Cost of Living: Lakewood, CO vs Hollywood, FL (2026)

Lakewood

Colorado
141
VS

Hollywood

Florida
113

Lakewood is 25% more expensive than Hollywood.

$1,746/mo ↑ 12%
Median Rent
$1,555/mo ↓ 11%
$85,789/yr ↑ 31%
Median Income
$65,359/yr ↓ 24%
$548,200 ↑ 46%
Home Value
$374,200 ↓ 32%
$1,729/mo ↑ 10%
Owner Costs
$1,568/mo ↓ 9%
156,309
Population
152,935

Tax Comparison

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

Affordability

24.4%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Hollywood, FL, the overall cost of living indices are 141 and 113 respectively (national median = 100). Rent is $191/month cheaper in Hollywood, saving renters about $2,292/year.

Median household income is $20,430/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Lakewood vs Hollywood — common questions

Is Lakewood or Hollywood cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Hollywood?
Median rent in Lakewood is $1,746/month and in Hollywood it's $1,555/month — a difference of $191/month.
Which city has higher income, Lakewood or Hollywood?
Median household income is $85,789 in Lakewood and $65,359 in Hollywood. Median household income is $20,430/year higher in Lakewood.
How do taxes compare between Colorado and Florida?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Lakewood or Hollywood?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Lakewood and Hollywood

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue