Cost of Living: Lakewood, CO vs Jackson, MS (2026)

Lakewood

Colorado
141
VS

Jackson

Mississippi
58

Lakewood is 143% more expensive than Jackson.

$1,746/mo ↑ 72%
Median Rent
$1,018/mo ↓ 42%
$85,789/yr ↑ 98%
Median Income
$43,238/yr ↓ 50%
$548,200 ↑ 407%
Home Value
$108,200 ↓ 80%
$1,729/mo ↑ 81%
Owner Costs
$956/mo ↓ 45%
156,309
Population
149,827

Tax Comparison

4.4%
Income Tax
5.0%
2.9%
State Sales Tax
7.0%
0.51%
Property Tax
0.67%

Affordability

24.4%
rent-to-income
Affordability
28.3%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Jackson, MS, the overall cost of living indices are 141 and 58 respectively (national median = 100). Rent is $728/month cheaper in Jackson, saving renters about $8,736/year.

Median household income is $42,551/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $108,200 in Jackson.

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

Frequently Asked Questions

Lakewood vs Jackson — common questions

Is Lakewood or Jackson cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Jackson?
Median rent in Lakewood is $1,746/month and in Jackson it's $1,018/month — a difference of $728/month.
Which city has higher income, Lakewood or Jackson?
Median household income is $85,789 in Lakewood and $43,238 in Jackson. Median household income is $42,551/year higher in Lakewood.
How do taxes compare between Colorado and Mississippi?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.
Should I move to Lakewood or Jackson?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Jackson has a cost index of 58 with rent of $1,018/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Jackson details →

More Comparisons

Other cost of living comparisons for Lakewood and Jackson

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield Jackson vs. Escondido Jackson vs. Joliet Jackson vs. Bellevue Jackson vs. Surprise Jackson vs. Charleston Jackson vs. Naperville