Cost of Living: Lexington, KY vs Lakewood, CO (2026)

Lexington

Kentucky
82
VS

Lakewood

Colorado
141

Lexington is 42% cheaper than Lakewood.

$1,101/mo ↓ 37%
Median Rent
$1,746/mo ↑ 59%
$67,631/yr ↓ 21%
Median Income
$85,789/yr ↑ 27%
$272,100 ↓ 50%
Home Value
$548,200 ↑ 101%
$1,160/mo ↓ 33%
Owner Costs
$1,729/mo ↑ 49%
321,122
Population
156,309

Tax Comparison

4.0%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
0.83%
Property Tax
0.51%

Affordability

19.5%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Lakewood, CO, the overall cost of living indices are 82 and 141 respectively (national median = 100). Rent is $645/month cheaper in Lexington, saving renters about $7,740/year.

Median household income is $18,158/year higher in Lakewood. Home values also differ significantly — the median in Lexington is $272,100 compared to $548,200 in Lakewood.

Kentucky has a lower income tax rate, making Lexington slightly more tax-friendly.

Frequently Asked Questions

Lexington vs Lakewood — common questions

Is Lexington or Lakewood cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 141 (US average = 100).
What is the rent difference between Lexington and Lakewood?
Median rent in Lexington is $1,101/month and in Lakewood it's $1,746/month — a difference of $645/month.
Which city has higher income, Lexington or Lakewood?
Median household income is $67,631 in Lexington and $85,789 in Lakewood. Median household income is $18,158/year higher in Lakewood.
How do taxes compare between Kentucky and Colorado?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Lexington or Lakewood?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Lakewood has a cost index of 141 with rent of $1,746/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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