Lakewood is 38% cheaper than Thousand Oaks.
When comparing Lakewood, CO and Thousand Oaks, CA, the overall cost of living indices are 141 and 226 respectively (national median = 100). Rent is $834/month cheaper in Lakewood, saving renters about $10,008/year.
Median household income is $48,578/year higher in Thousand Oaks. Home values also differ significantly — the median in Lakewood is $548,200 compared to $951,200 in Thousand Oaks.
Colorado has a lower income tax rate, making Lakewood slightly more tax-friendly.
Lakewood vs Thousand Oaks — common questions
Other cost of living comparisons for Lakewood and Thousand Oaks