Cost of Living: Centennial, CO vs Lakewood, CO

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,259/mo in Centennial, CO versus $4,259/mo in Lakewood, CO. In the model, rent is about 30.03% of gross in Centennial, CO versus 25.44% in Lakewood, CO, so Lakewood, CO tends to feel more affordable for rent.

Take-home in Centennial, CO
$4,259/mo
Income level: below
Take-home in Lakewood, CO
$4,259/mo
Income level: below
Rent share (1BR) in Centennial, CO
30.03%
COLI tier: mid-range
Rent share (1BR) in Lakewood, CO
25.44%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Centennial, CO and Lakewood, CO.

At a glance

  • Cheaper overall (lower cost-of-living index): Lakewood, CO
  • Lower rent (median 1BR/2BR): Lakewood, CO
  • Lower home prices: Lakewood, CO
  • Higher median household income: Centennial, CO

Cost of Living Index

Centennial, CO: 100 (U.S. = 100) · Lakewood, CO: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Centennial, CO: $1,958/mo (midpoint of 1BR/2BR) · Lakewood, CO: $1,659/mo

Median rent in Centennial, CO is $299/mo higher than in Lakewood, CO.

Median Home Price

Centennial, CO: $626,700 · Lakewood, CO: $548,200

Median home price in Centennial, CO is $78,500 higher than in Lakewood, CO.

Median Household Income

Centennial, CO: $128,167 · Lakewood, CO: $85,789

Centennial, CO has a higher median household income than Lakewood, CO by $42,378.

Centennial, CO overview · Lakewood, CO overview · Popular comparisons