Cost of Living: Chapel Hill, NC vs Lakewood, CO
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Chapel Hill, NC versus $4,259/mo in Lakewood, CO. In the model, rent is about 21.62% of gross in Chapel Hill, NC versus 25.44% in Lakewood, CO, so Chapel Hill, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Chapel Hill, NC and Lakewood, CO.
At a glance
- Cheaper overall (lower cost-of-living index): Lakewood, CO
- Lower rent (median 1BR/2BR): Chapel Hill, NC
- Lower home prices: Lakewood, CO
- Higher median household income: Chapel Hill, NC
Cost of Living Index
Chapel Hill, NC: 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
Chapel Hill, NC: $1,409/mo (midpoint of 1BR/2BR) · Lakewood, CO: $1,659/mo
Median rent in Lakewood, CO is $250/mo higher than in Chapel Hill, NC.
Median Home Price
Chapel Hill, NC: $576,500 · Lakewood, CO: $548,200
Median home price in Chapel Hill, NC is $28,300 higher than in Lakewood, CO.
Median Household Income
Chapel Hill, NC: $85,825 · Lakewood, CO: $85,789
Chapel Hill, NC has a higher median household income than Lakewood, CO by $36.
Chapel Hill, NC overview · Lakewood, CO overview · Popular comparisons