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

Lakewood

Colorado
141
VS

West Palm Beach

Florida
119

Lakewood is 18% more expensive than West Palm Beach.

$1,746/mo ↑ 2%
Median Rent
$1,709/mo ↓ 2%
$85,789/yr ↑ 24%
Median Income
$69,261/yr ↓ 19%
$548,200 ↑ 48%
Home Value
$369,800 ↓ 33%
$1,729/mo ↑ 4%
Owner Costs
$1,667/mo ↓ 4%
156,309
Population
119,508

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
29.6%
rent-to-income

Detailed Comparison

When comparing Lakewood, CO and West Palm Beach, FL, the overall cost of living indices are 141 and 119 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $16,528/year higher in Lakewood. Home values also differ significantly — the median in Lakewood is $548,200 compared to $369,800 in West Palm Beach.

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

Frequently Asked Questions

Lakewood vs West Palm Beach — common questions

Is Lakewood or West Palm Beach cheaper to live in?
Based on our cost index, West Palm Beach is cheaper to live in with an index of 119 compared to 141 (US average = 100).
What is the rent difference between Lakewood and West Palm Beach?
Median rent in Lakewood is $1,746/month and in West Palm Beach it's $1,709/month — a difference of $37/month.
Which city has higher income, Lakewood or West Palm Beach?
Median household income is $85,789 in Lakewood and $69,261 in West Palm Beach. Median household income is $16,528/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 West Palm Beach?
It depends on your priorities. Lakewood has a cost index of 141 with median rent of $1,746/mo, while West Palm Beach has a cost index of 119 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lakewood details → View West Palm Beach details →

More Comparisons

Other cost of living comparisons for Lakewood and West Palm Beach

Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield West Palm Beach vs. Hartford West Palm Beach vs. Spring Hill West Palm Beach vs. Fairfield West Palm Beach vs. Wilmington West Palm Beach vs. Berkeley West Palm Beach vs. Billings