Cost of Living: Tallahassee, FL vs Lakewood, CO (2026)

Tallahassee

Florida
87
VS

Lakewood

Colorado
141

Tallahassee is 38% cheaper than Lakewood.

$1,238/mo ↓ 29%
Median Rent
$1,746/mo ↑ 41%
$55,931/yr ↓ 35%
Median Income
$85,789/yr ↑ 53%
$276,000 ↓ 50%
Home Value
$548,200 ↑ 99%
$1,237/mo ↓ 28%
Owner Costs
$1,729/mo ↑ 40%
199,696
Population
156,309

Tax Comparison

0%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
0.86%
Property Tax
0.51%

Affordability

26.6%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Tallahassee, FL and Lakewood, CO, the overall cost of living indices are 87 and 141 respectively (national median = 100). Rent is $508/month cheaper in Tallahassee, saving renters about $6,096/year.

Median household income is $29,858/year higher in Lakewood. Home values also differ significantly — the median in Tallahassee is $276,000 compared to $548,200 in Lakewood.

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

Frequently Asked Questions

Tallahassee vs Lakewood — common questions

Is Tallahassee or Lakewood cheaper to live in?
Based on our cost index, Tallahassee is cheaper to live in with an index of 87 compared to 141 (US average = 100).
What is the rent difference between Tallahassee and Lakewood?
Median rent in Tallahassee is $1,238/month and in Lakewood it's $1,746/month — a difference of $508/month.
Which city has higher income, Tallahassee or Lakewood?
Median household income is $55,931 in Tallahassee and $85,789 in Lakewood. Median household income is $29,858/year higher in Lakewood.
How do taxes compare between Florida and Colorado?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Tallahassee or Lakewood?
It depends on your priorities. Tallahassee has a cost index of 87 with median rent of $1,238/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.
View Tallahassee details → View Lakewood details →

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