Residential comparison · 13 facts
Colorado Springs, CO vs Lakewood, CO
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Colorado Springs needs about $91,000 in Lakewood to keep the same lifestyle.
Coming from Lakewood, $85,000 of lifestyle costs about $79,000 in Colorado Springs.
A few differences
- Colorado Springs is lower on property tax rate (0.45% vs 0.5%).
- Lakewood is lower on sales tax (7.8% vs 8.2%).
- Lakewood is lower on groceries index (100 vs 101).
Colorado Springs vs Lakewood · facet by facet
| Facet | Colorado Springs, CO | Lakewood, CO |
|---|---|---|
| Median home price | $450,000 | $574,400 |
| 2-bedroom rent | $1,650/mo | $1,834/mo |
| Property tax rate | 0.45% | 0.5% |
| State & local income tax | 2.89% | 2.89% |
| Sales tax | 8.2% | 7.8% |
| Cost of living index | 99 | 119 |
| Groceries index | 101 | 100 |
| Utilities | $145/mo | $160/mo |
| Median household income | $75,000 | $89,792 |
| Unemployment rate | 4% | 3.7% |
| Crime index | 47/100 | 52/100 |
| School rating | 6.5/10 | 6.5/10 |
| Sunny days / year | 243 days | 245 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Colorado Springs, CO · Lakewood, CO
Questions & answers
- Is Colorado Springs cheaper than Lakewood?
- Colorado Springs has the lower day-to-day cost index (99 vs 119 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Lakewood equals $85,000 in Colorado Springs?
- A household earning $85,000 in Colorado Springs needs about $91,000 in Lakewood to keep the same lifestyle; coming the other way, $85,000 of Lakewood lifestyle costs about $79,000 in Colorado Springs.