Lancaster is 12% cheaper than Lakewood.
When comparing Lancaster, CA and Lakewood, CO, the overall cost of living indices are 124 and 141 respectively (national median = 100). Rent is $50/month cheaper in Lancaster, saving renters about $600/year.
Median household income is $9,706/year higher in Lakewood. Home values also differ significantly — the median in Lancaster is $409,100 compared to $548,200 in Lakewood.
Colorado has a lower income tax rate, making Lakewood slightly more tax-friendly.
Lancaster vs Lakewood — common questions
Other cost of living comparisons for Lancaster and Lakewood