Lakewood, WA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
110
Lakewood's Overall Cost Of Living
1.1x
Higher Than The National Average
53 out of 190
In Washington
4,134 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lakewood is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lakewood, WA?

According to the most recent data on the cost of living, Lakewood has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only Washington, Lakewood has a cost of living index that's 0.9x lower than Washington's index of 116.

The standard of living in Lakewood ranks as #4,135 most affordable out of the 6,522 places we measured in Washington. By definition, that implies Lakewood ranks as the #2,271 most expensive place in the Evergreen State.

For more reading on life in Lakewood, check out:

Lakewood Cost Of Living Vs. Washington

Living Expense Lakewood Washington National Average
Overall 110 116 100
Services 105 108 100
Groceries 114 108 100
Health 121 119 100
Housing 111 135 100
Transportation 136 116 100
Utilities 89 89 100
For more reading on cost of living around Washington, check out:
Lakewood Cost of Living Vs. WA

Lakewood, WA Housing Cost Breakdown

Housing swings affordability the most between places in Washington, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$269,200
Median Home Value
$1,034
Median Rent
$51,972
Median Income
Statistic Lakewood Washington United States
Median Home Value $269,200 $339,000 $217,500
Median Rent $1,034 $1,258 $1,062
Median Income $51,972 $73,775 $62,843
Home Value To Income 5.2x 4.6x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Lakewood Services Costs Vs. Washington

Item Lakewood Washington
Shampoo $1.22 $1.01
Movie $11.02 $10.72
Bowling $14.0 $13.86

Detailed Lakewood Groceries Costs Vs. Washington

Item Lakewood Washington
Ground Beef $5.19 $3.9
Fried Chicken $1.72 $1.4
Milk $2.42 $1.96

Detailed Lakewood Health Costs Vs. Washington

Item Lakewood Washington
Haircut $22.0 $17.49
Beauty Salon $39.33 $38.17
Toothpaste $2.66 $2.32

Detailed Lakewood Transportation Costs Vs. Washington

Item Lakewood Washington
Potatoes $2.55 $3.18
Pizza $11.99 $10.39
Beer $9.79 $9.23
Optometrist $181.6 $106.34
Doctor $133.75 $115.25
Dentist $129.7 $98.38

Detailed Lakewood Utilities Costs Vs. Washington

Item Lakewood Washington
Gasoline $3.46 $2.59
Tire Balancing $70.4 $48.9
All Electricity $124.69 $167.6
Phone $196.03 $163.42

Lakewood SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
10
Safety
3
Amenities
9.5
Education
7
Commute
5

Cost Of Living In Cities Around Lakewood

City Population Cost Of Living Vs. Lakewood
Plano, TX 287,064 112 1.0x
Frisco, TX 177,020 111 1.0x
Carrollton, TX 135,834 103 0.9x
Richardson, TX 116,432 107 1.0x
Allen, TX 101,699 104 0.9x
Flower Mound, TX 76,555 117 1.1x
Little Elm, TX 45,967 99 0.9x
The Colony, TX 43,005 102 0.9x
Coppell, TX 41,645 122 1.1x
Southlake, TX 31,292 147 1.3x

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