Raleigh is 22% cheaper than Lakewood.
When comparing Raleigh, NC and Lakewood, CO, the overall cost of living indices are 110 and 141 respectively (national median = 100). Rent is $278/month cheaper in Raleigh, saving renters about $3,336/year.
Median household income is $3,365/year higher in Lakewood. Home values also differ significantly — the median in Raleigh is $377,800 compared to $548,200 in Lakewood.
Colorado has a lower income tax rate, making Lakewood slightly more tax-friendly.
Raleigh vs Lakewood — common questions
Other cost of living comparisons for Raleigh and Lakewood