Cost of Living: Lakewood, CO vs Warren, MI (2026)

Lakewood

Colorado
141
VS

Warren

Michigan
73

Lakewood is 93% more expensive than Warren.

$1,746/mo ↑ 47%
Median Rent
$1,184/mo ↓ 32%
$85,789/yr ↑ 35%
Median Income
$63,741/yr ↓ 26%
$548,200 ↑ 201%
Home Value
$181,900 ↓ 67%
$1,729/mo ↑ 57%
Owner Costs
$1,098/mo ↓ 36%
156,309
Population
138,128

Tax Comparison

4.4%
Income Tax
4.25%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
1.38%

Affordability

24.4%
rent-to-income
Affordability
22.3%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and Warren, MI, the overall cost of living indices are 141 and 73 respectively (national median = 100). Rent is $562/month cheaper in Warren, saving renters about $6,744/year.

Median household income is $22,048/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $181,900 in Warren.

Michigan has a lower income tax rate, making Warren slightly more tax-friendly.

Frequently Asked Questions

Lakewood vs Warren — common questions

Is Lakewood or Warren cheaper to live in?
Based on our cost index, Warren is cheaper to live in with an index of 73 compared to 141 (US average = 100).
What is the rent difference between Lakewood and Warren?
Median rent in Lakewood is $1,746/month and in Warren it's $1,184/month — a difference of $562/month.
Which city has higher income, Lakewood or Warren?
Median household income is $85,789 in Lakewood and $63,741 in Warren. Median household income is $22,048/year higher in Lakewood.
How do taxes compare between Colorado and Michigan?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to Lakewood or Warren?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while Warren has a cost index of 73 with rent of $1,184/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View Warren details →

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