Residential comparison · 13 facts
Lakewood, CA vs Paramount, CA
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 Lakewood needs about $86,000 in Paramount to keep the same lifestyle.
Coming from Paramount, $85,000 of lifestyle costs about $84,000 in Lakewood.
A few differences
- Lakewood is higher on median household income ($119,177 vs $75,250).
- Paramount is lower on cost of living index (125 vs 146).
- Paramount is lower on 2-bedroom rent ($1,974/mo vs $2,298/mo).
Lakewood vs Paramount · facet by facet
| Facet | Lakewood, CA | Paramount, CA |
|---|---|---|
| Median home price | $827,200 | $533,700 |
| 2-bedroom rent | $2,298/mo | $1,974/mo |
| Property tax rate | 0.75% | 0.75% |
| State & local income tax | 2.09% | 2.09% |
| Sales tax | 8.8% | 8.8% |
| Cost of living index | 146 | 125 |
| Groceries index | 112 | 112 |
| Utilities | $245/mo | $245/mo |
| Median household income | $119,177 | $75,250 |
| Unemployment rate | 5.2% | 5.2% |
| Crime index | 52/100 | 52/100 |
| School rating | 5.5/10 | 5.5/10 |
| Sunny days / year | 260 days | 260 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: Lakewood, CA · Paramount, CA
Questions & answers
- Is Lakewood cheaper than Paramount?
- Paramount has the lower day-to-day cost index (125 vs 146 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Paramount equals $85,000 in Lakewood?
- A household earning $85,000 in Lakewood needs about $86,000 in Paramount to keep the same lifestyle; coming the other way, $85,000 of Paramount lifestyle costs about $84,000 in Lakewood.