St. Petersburg is 25% cheaper than Lakewood.
When comparing St. Petersburg, FL and Lakewood, CO, the overall cost of living indices are 106 and 141 respectively (national median = 100). Rent is $204/month cheaper in St. Petersburg, saving renters about $2,448/year.
Median household income is $12,671/year higher in Lakewood. Home values also differ significantly — the median in St. Petersburg is $331,500 compared to $548,200 in Lakewood.
Florida has no state income tax, giving St. Petersburg residents a significant tax advantage over Colorado's 4.4% rate.
St. Petersburg vs Lakewood — common questions
Other cost of living comparisons for St. Petersburg and Lakewood