Cost of Living: Lakewood, CO vs Tyler, TX (2026)

Lakewood

Colorado
141
VS

Tyler

Texas
79

Lakewood is 78% more expensive than Tyler.

$1,746/mo ↑ 46%
Median Rent
$1,199/mo ↓ 31%
$85,789/yr ↑ 31%
Median Income
$65,527/yr ↓ 24%
$548,200 ↑ 153%
Home Value
$216,400 ↓ 61%
$1,729/mo ↑ 48%
Owner Costs
$1,170/mo ↓ 32%
156,309
Population
107,718

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
1.6%

Affordability

24.4%
rent-to-income
Affordability
22.0%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Tyler, TX, the overall cost of living indices are 141 and 79 respectively (national median = 100). Rent is $547/month cheaper in Tyler, saving renters about $6,564/year.

Median household income is $20,262/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $216,400 in Tyler.

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

Frequently Asked Questions

Lakewood vs Tyler — common questions

Is Lakewood or Tyler cheaper to live in?
Based on our cost index, Tyler is cheaper to live in with an index of 79 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Tyler?
Median rent in Lakewood is $1,746/month and in Tyler it's $1,199/month — a difference of $547/month.
Which city has higher income, Lakewood or Tyler?
Median household income is $85,789 in Lakewood and $65,527 in Tyler. Median household income is $20,262/year higher in Lakewood.
How do taxes compare between Colorado and Texas?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Lakewood or Tyler?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Tyler has a cost index of 79 with rent of $1,199/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Tyler details →

More Comparisons

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