Cost of living in Lakewood

In Lakewood, United States, a single person typically needs around $2417 per month including rent. A family of four may spend about $5448 monthly.

How expensive is Lakewood compared to other cities?

Compared to the European benchmark, Lakewood is 69% more expensive overall.

How does Lakewood compare to your city?

Lakewood is 38% cheaper than New York City, without rent.

Rent in Lakewood is, on average, 42% lower than in New York City.

What drives the cost of living in Lakewood?

Who is Lakewood a good fit for?

Lakewood tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Lakewood so expensive?

The high cost of living in Lakewood is primarily driven by rent and utilities, which significantly impact overall expenses.

Is food expensive in Lakewood?

Yes, food costs in Lakewood are 40% higher than the European benchmark.

Is public transport affordable in Lakewood?

Public transport in Lakewood is 21% lower than the European benchmark, making it relatively affordable.

Cost of living breakdown

Cost of Living, one person, including rent
2417 $
Without Rent
888 $
Rent & Utilities
1529 $
Food
667 $
Transport
59 $
Monthly Salary, after tax
4737 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
63.6K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 17.4 $
Dinner 81.3 $
Fast food, McDonalds or KFC 11.8 $
Beer, 0.5 L or 16 fl oz 6.57 $
Capuccino 5.19 $
Coke, 330ml 2.67 $

Compare Lakewood with:

Markets

Milk, 1 L or 1 qt 1.04 $
Bread, 0.5 kg or 1 lb 1.32 $
Rice, 1 kg or 2 lb 4.56 $
Eggs, 12 pack 3.69 $
Cheese, 1 kg or 2 lb 11 $
Chicken Breast, 1 kg or 2 lb 16.6 $
Round Steak, 1 kg or 2 lb 17.7 $
Apples, 1 kg or 2 lb 6.65 $
Banana, 1 kg or 2 lb 1.52 $
Oranges, 1 kg or 2 lb 2.84 $
Tomato, 1 kg or 2 lb 6.64 $
Potato, 1 kg or 2.2 lb 1.97 $
Onion, 1 kg or 2.2 lb 1.95 $
Water, 1 L or 1 qt 2.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.47 $
Wine, 750 mL bottle 11.9 $
Beer, 0.5 L or 16 fl oz 1.85 $
Cigarette pack 9.25 $

Transportation

One-way Ticket 2.02 $
Monthly Pass 67.1 $
Gas or Petrol, 1l or 0.26 gal 1.14 $
Taxi, 8 km 17.3 $

Personal Care

Doctor Visit, private clinic 148 $
Cold medicine, for 1 week 11.8 $
Hair Shampoo, 400 ml or 12 oz. 4.78 $
Toilet paper, 4 rolls 4.53 $
Toothpaste, 1 tube 2.59 $

Utilities per Month

1 person, electricity, heating, water & garbage 52 $
Family of 4, electricity, heating, water & garbage 79 $
Internet plan, +60 Mbps 55.3 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,320 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,117 $
1 Bedroom Apartment, in city center, 40 sq.m 1,831 $
3 Bedroom Apartment, in city center, 85 sq.m 2,300 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,038 $
Price per Square Meter to Buy House, in suburbs 3,521 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,737 $
Mortgage Interest Rate, for 20 years fixed-rate 6.61%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 43.6 $
Cinema, 1 seat 13.6 $
Haircut 17.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 85.7 $
Brand Jeans, Levis 501 27 $

Childcare

Preschool, full day, monthly for 1 child 1,702 $
International Primary School, yearly for 1 child 28,767 $

Compare Lakewood with other top cities

Cayman Islands
Lakewood vs George Town (George Town is 51% more expensive)
Bahamas
Lakewood vs Nassau (Nassau is 14% more expensive) Lakewood vs Freeport (Freeport is 9% less expensive)
Vanuatu
Lakewood vs Port Vila (Port Vila is 3% less expensive) Lakewood vs Luganville (Luganville is 26% more expensive)
United States
Lakewood vs New York City (New York City is 68% more expensive) Lakewood vs Los Angeles (Los Angeles is 32% more expensive) Lakewood vs Chicago (Chicago is 10% more expensive) Lakewood vs Houston (Houston is 7% less expensive) Lakewood vs Phoenix (Phoenix is 2% less expensive) Lakewood vs Philadelphia (Philadelphia is 5% more expensive) Lakewood vs San Antonio (San Antonio is 9% less expensive) Lakewood vs San Diego (San Diego is 38% more expensive) Lakewood vs Dallas (Dallas is 6% more expensive) Lakewood vs San Jose (San Jose is 52% more expensive)
Canada
Lakewood vs Toronto (Toronto is 7% more expensive) Lakewood vs Montreal (Montreal is 19% less expensive) Lakewood vs Calgary (Calgary is 11% less expensive) Lakewood vs Ottawa (Ottawa is 7% less expensive) Lakewood vs Edmonton (Edmonton is 26% less expensive) Lakewood vs Winnipeg (Winnipeg is 27% less expensive) Lakewood vs Mississauga (Mississauga is 2% more expensive) Lakewood vs Vancouver (Vancouver is 10% more expensive) Lakewood vs Brampton (Brampton is 12% less expensive) Lakewood vs Hamilton (Hamilton is 11% less expensive)
Barbados
Lakewood vs Bridgetown (Bridgetown is 44% less expensive) Lakewood vs Holetown (Holetown is 42% less expensive)
Panama
Lakewood vs Panama City (Panama City is 43% less expensive) Lakewood vs Colon (Colon is 51% less expensive) Lakewood vs Tocumen (Tocumen is 49% less expensive) Lakewood vs Santiago de Veraguas (Santiago de Veraguas is 56% less expensive) Lakewood vs David (David is 66% less expensive) Lakewood vs La Chorrera (La Chorrera is 61% less expensive) Lakewood vs Balboa (Balboa is 48% less expensive) Lakewood vs Pacora (Pacora is 48% less expensive) Lakewood vs Chitre (Chitre is 55% less expensive) Lakewood vs Penonome (Penonome is 55% less expensive)
Saint Kitts And Nevis
Lakewood vs Basseterre (Basseterre is 49% less expensive) Lakewood vs Cayon (Cayon is 49% less expensive)
Cuba
Lakewood vs Havana (Havana is 58% less expensive) Lakewood vs Santiago de Cuba (Santiago de Cuba is 41% less expensive) Lakewood vs Holguin (Holguin is 47% less expensive) Lakewood vs Camaguey (Camaguey is 37% less expensive) Lakewood vs Santa Clara (Santa Clara is 56% less expensive) Lakewood vs Bayamo (Bayamo is 52% less expensive) Lakewood vs Guantanamo (Guantanamo is 36% less expensive) Lakewood vs Las Tunas (Las Tunas is 36% less expensive) Lakewood vs Pinar del Rio (Pinar del Rio is 55% less expensive) Lakewood vs Cienfuegos (Cienfuegos is 64% less expensive)
Costa Rica
Lakewood vs San Jose (San Jose is 49% less expensive) Lakewood vs Limon (Limon is 50% less expensive) Lakewood vs Liberia (Liberia is 63% less expensive) Lakewood vs Alajuela (Alajuela is 49% less expensive) Lakewood vs Puntarenas (Puntarenas is 47% less expensive) Lakewood vs Cartago (Cartago is 60% less expensive) Lakewood vs Heredia (Heredia is 48% less expensive) Lakewood vs Tamarindo (Tamarindo is 30% less expensive) Lakewood vs Santa Teresa (Santa Teresa is 46% less expensive)
Saint Lucia
Lakewood vs Castries (Castries is 52% less expensive) Lakewood vs Vieux Fort (Vieux Fort is 51% less expensive)
Jamaica
Lakewood vs Kingston (Kingston is 45% less expensive) Lakewood vs Spanish Town (Spanish Town is 68% less expensive) Lakewood vs Montego Bay (Montego Bay is 58% less expensive) Lakewood vs Half Way Tree (Half Way Tree is 52% less expensive) Lakewood vs May Pen (May Pen is 66% less expensive) Lakewood vs Mandeville (Mandeville is 60% less expensive) Lakewood vs Old Harbour (Old Harbour is 65% less expensive) Lakewood vs Linstead (Linstead is 57% less expensive) Lakewood vs Savanna-la-Mar (Savanna-la-Mar is 54% less expensive) Lakewood vs Port Antonio (Port Antonio is 53% less expensive)
El Salvador
Lakewood vs San Salvador (San Salvador is 51% less expensive) Lakewood vs Santa Ana (Santa Ana is 71% less expensive) Lakewood vs Soyapango (Soyapango is 51% less expensive) Lakewood vs San Miguel (San Miguel is 55% less expensive) Lakewood vs Mejicanos (Mejicanos is 52% less expensive) Lakewood vs Apopa (Apopa is 53% less expensive) Lakewood vs Santa Tecla (Santa Tecla is 50% less expensive) Lakewood vs Ahuachapan (Ahuachapan is 40% less expensive) Lakewood vs Usulutan (Usulutan is 55% less expensive) Lakewood vs Sonsonate (Sonsonate is 64% less expensive)
Antigua And Barbuda
Lakewood vs St. John's (St. John's is 55% less expensive) Lakewood vs All Saints (All Saints is 55% less expensive)
Grenada
Lakewood vs St. George's (St. George's is 56% less expensive) Lakewood vs Grenville (Grenville is 56% less expensive)
Dominica
Lakewood vs Roseau (Roseau is 59% less expensive) Lakewood vs Portsmouth (Portsmouth is 53% less expensive)
Saint Vincent
Lakewood vs Kingstown (Kingstown is 59% less expensive) Lakewood vs Georgetown (Georgetown is 58% less expensive)
Belize
Lakewood vs Belize City (Belize City is 64% less expensive) Lakewood vs San Ignacio (San Ignacio is 55% less expensive) Lakewood vs Belmopan (Belmopan is 70% less expensive) Lakewood vs San Pedro Town (San Pedro Town is 45% less expensive) Lakewood vs Caye Caulker (Caye Caulker is 35% less expensive)
Guatemala
Lakewood vs Guatemala City (Guatemala City is 58% less expensive) Lakewood vs Mixco (Mixco is 74% less expensive) Lakewood vs Coban (Coban is 62% less expensive) Lakewood vs Quetzaltenango (Quetzaltenango is 68% less expensive) Lakewood vs Jalapa (Jalapa is 63% less expensive) Lakewood vs San Miguel Petapa (San Miguel Petapa is 63% less expensive) Lakewood vs Momostenango (Momostenango is 64% less expensive) Lakewood vs Mazatenango (Mazatenango is 64% less expensive) Lakewood vs Flores (Flores is 64% less expensive) Lakewood vs Panajachel (Panajachel is 67% less expensive)
Honduras
Lakewood vs Tegucigalpa (Tegucigalpa is 66% less expensive) Lakewood vs San Pedro Sula (San Pedro Sula is 57% less expensive) Lakewood vs Choloma (Choloma is 75% less expensive) Lakewood vs La Ceiba (La Ceiba is 73% less expensive) Lakewood vs El Progreso (El Progreso is 63% less expensive) Lakewood vs Villanueva (Villanueva is 64% less expensive) Lakewood vs Comayagua (Comayagua is 70% less expensive) Lakewood vs Puerto Cortes (Puerto Cortes is 70% less expensive) Lakewood vs Yoro (Yoro is 70% less expensive) Lakewood vs La Lima (La Lima is 64% less expensive)
Dominican Republic
Lakewood vs Santiago de los Caballeros (Santiago de los Caballeros is 67% less expensive) Lakewood vs Santo Domingo (Santo Domingo is 57% less expensive) Lakewood vs Puerto Plata (Puerto Plata is 68% less expensive) Lakewood vs Higuey (Higuey is 68% less expensive) Lakewood vs La Vega (La Vega is 76% less expensive) Lakewood vs San Cristobal (San Cristobal is 66% less expensive) Lakewood vs San Pedro de Macoris (San Pedro de Macoris is 70% less expensive) Lakewood vs San Francisco de Macoris (San Francisco de Macoris is 78% less expensive) Lakewood vs San Juan de la Maguana (San Juan de la Maguana is 74% less expensive) Lakewood vs Bonao (Bonao is 78% less expensive)
Nicaragua
Lakewood vs Managua (Managua is 68% less expensive) Lakewood vs Leon (Leon is 74% less expensive) Lakewood vs Masaya (Masaya is 71% less expensive) Lakewood vs Matagalpa (Matagalpa is 77% less expensive) Lakewood vs Chinandega (Chinandega is 74% less expensive) Lakewood vs Esteli (Esteli is 75% less expensive) Lakewood vs Granada (Granada is 71% less expensive) Lakewood vs Jinotega (Jinotega is 81% less expensive) Lakewood vs Juigalpa (Juigalpa is 73% less expensive) Lakewood vs San Juan del Sur (San Juan del Sur is 63% less expensive)