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

Lakewood

Colorado
141
VS

Miami Gardens

Florida
115

Lakewood is 23% more expensive than Miami Gardens.

$1,746/mo ↑ 2%
Median Rent
$1,709/mo ↓ 2%
$85,789/yr ↑ 41%
Median Income
$60,979/yr ↓ 29%
$548,200 ↑ 63%
Home Value
$337,200 ↓ 38%
$1,729/mo ↑ 5%
Owner Costs
$1,640/mo ↓ 5%
156,309
Population
111,264

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
33.6%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Miami Gardens, FL, the overall cost of living indices are 141 and 115 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $24,810/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $337,200 in Miami Gardens.

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

Frequently Asked Questions

Lakewood vs Miami Gardens — common questions

Is Lakewood or Miami Gardens cheaper to live in?
Based on our cost index, Miami Gardens is cheaper to live in with an index of 115 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Miami Gardens?
Median rent in Lakewood is $1,746/month and in Miami Gardens it's $1,709/month — a difference of $37/month.
Which city has higher income, Lakewood or Miami Gardens?
Median household income is $85,789 in Lakewood and $60,979 in Miami Gardens. Median household income is $24,810/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 Miami Gardens?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Miami Gardens has a cost index of 115 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Miami Gardens details →

More Comparisons

Other cost of living comparisons for Lakewood and Miami Gardens

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield Miami Gardens vs. Pueblo Miami Gardens vs. Everett Miami Gardens vs. Murrieta Miami Gardens vs. Costa Mesa Miami Gardens vs. Downey Miami Gardens vs. Temecula