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

Lakewood

Colorado
141
VS

Pompano Beach

Florida
109

Lakewood is 29% more expensive than Pompano Beach.

$1,746/mo ↑ 7%
Median Rent
$1,636/mo ↓ 6%
$85,789/yr ↑ 34%
Median Income
$63,832/yr ↓ 26%
$548,200 ↑ 70%
Home Value
$321,900 ↓ 41%
$1,729/mo ↑ 13%
Owner Costs
$1,527/mo ↓ 12%
156,309
Population
112,212

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
30.8%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Pompano Beach, FL, the overall cost of living indices are 141 and 109 respectively (national median = 100). Rent is $110/month cheaper in Pompano Beach, saving renters about $1,320/year.

Median household income is $21,957/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $321,900 in Pompano Beach.

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

Frequently Asked Questions

Lakewood vs Pompano Beach — common questions

Is Lakewood or Pompano Beach cheaper to live in?
Based on our cost index, Pompano Beach is cheaper to live in with an index of 109 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Pompano Beach?
Median rent in Lakewood is $1,746/month and in Pompano Beach it's $1,636/month — a difference of $110/month.
Which city has higher income, Lakewood or Pompano Beach?
Median household income is $85,789 in Lakewood and $63,832 in Pompano Beach. Median household income is $21,957/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 Pompano Beach?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Pompano Beach has a cost index of 109 with rent of $1,636/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Pompano Beach details →

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