Paradise, NV vs Lakewood, CO: 99 vs 141

$1,287/mo ↓ 26%

Median Rent

$1,746/mo ↑ 36%

$58,874/yr ↓ 31%

Median Income

$85,789/yr ↑ 46%

$358,400 ↓ 35%

Home Value

$548,200 ↑ 53%

$1,290/mo ↓ 25%

Owner Costs

$1,729/mo ↑ 34%

186,178

Population

156,309

Detailed Comparison

When comparing Paradise, NV and Lakewood, CO, the overall cost of living indices are 99 and 141 respectively (national median = 100). Rent is $459/month cheaper in Paradise, saving renters about $5,508/year.

Median household income is $26,915/year higher in Lakewood. Home values also differ significantly — the median in Paradise is $358,400 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Paradise vs Lakewood — common questions

Is Paradise or Lakewood cheaper to live in?

Based on our cost index, Paradise is cheaper to live in with an index of 99 compared to 141 (US average = 100).

What is the rent difference between Paradise and Lakewood?

Median rent in Paradise is $1,287/month and in Lakewood it's $1,746/month — a difference of $459/month.

Which city has higher income, Paradise or Lakewood?

Median household income is $58,874 in Paradise and $85,789 in Lakewood. Median household income is $26,915/year higher in Lakewood.

How do taxes compare between Nevada and Colorado?

Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.

Should I move to Paradise or Lakewood?

It depends on your priorities. Paradise has a cost index of 99 with median rent of $1,287/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.

Cost of Living: Paradise, NV vs Lakewood, CO (2026)

Paradise

Lakewood

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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