Is New York, NY cheaper than Lakewood, CO?

Based on cost of living data, New York, NY is 58.0% more expensive than Lakewood, CO. This translates to spending an extra $4346 per month.

What salary do I need in New York, NY to live like I do in Lakewood, CO?

If you earn $150,000 in Lakewood, CO, you'd need approximately $202,157.154 in New York, NY to maintain the same standard of living.

How does housing cost compare between Lakewood, CO and New York, NY?

Housing in New York, NY is 170.5% more expensive than in Lakewood, CO. For a two-bedroom apartment, rent is $3,590/month in New York, NY compared to $1,599/month in Lakewood, CO.

How much can I save per month by moving from Lakewood, CO to New York, NY?

Living in New York, NY costs approximately $4346 more per month than Lakewood, CO, or $52157 more per year, based on a $150,000 salary.

Lakewood, CO vs New York, NY: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Lakewood, CO

Numbers update automatically as you type

You'd spend $4.3K/month more in New York, NY

$150.0K in your current city equals $202.2K in New York, NY

Rent data from HUD ZIP-level estimates · COL index from Denver-Aurora-Lakewood, CO area

Overall Cost

↑ 58.0%

More expensive

Monthly Impact

$4,346

Extra cost

Annual Impact

$52.2K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Lakewood, CO

Population:156K

Cost Index:

100

100 = national average

Median Home:$585K

New York, NY

Population:8337K

Cost Index:

158

(58% above avg)

Median Home:$1.05M

Lakewood, CO

The Centennial State

156K

Population

State Tax

Yes

Located in Colorado, this city has a population of 156K residents.

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

Cost Breakdown by Category

Annual spending: Lakewood, CO vs New York, NY

Category	Lakewood, CO	New York, NY	Difference	Change
Housing	$2,827/mo	$7,648/mo	↑ $4,821more	170.5%
Other	$1,716/mo	$2,034/mo	↑ $318more	18.5%
Transportation	$1,413/mo	$1,602/mo	↑ $189more	13.4%
Groceries	$1,012/mo	$1,165/mo	↑ $153more	15.1%
All Utilities	$510/mo	$600/mo	↑ $89.53more	17.5%
Healthcare	$621/mo	$688/mo	↑ $66.30more	10.7%

Housing

↑ 170.5%

Lakewood, CO

$2,827

New York, NY

$7,648

Difference

$4,821

Other

↑ 18.5%

Lakewood, CO

$1,716

New York, NY

$2,034

Difference

$318

Transportation

↑ 13.4%

Lakewood, CO

$1,413

New York, NY

$1,602

Difference

$189

Groceries

↑ 15.1%

Lakewood, CO

$1,012

New York, NY

$1,165

Difference

$153

All Utilities

↑ 17.5%

Lakewood, CO

$510

New York, NY

$600

Difference

$89.53

Healthcare

↑ 10.7%

Lakewood, CO

$621

New York, NY

$688

Difference

$66.30

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Lakewood, CO has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,257

To$3,120

↑ $1,863

1 Bed

From$1,344

To$3,270

↑ $1,926

2 Bed

From$1,599

To$3,590

↑ $1,991

3 Bed

From$2,092

To$4,500

↑ $2,408

Lakewood, COZIP-level data

1BR range: $1,620–$1,900/mo

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$8,100

Monthly in Lakewood, CO

$13,737

Monthly in New York, NY

$5,637

Difference

Home Values

Lakewood

New York

$585K

Median Value

$1.05M

↓ -2.6%

YoY Change

↓ -0.1%

↑ +20.1%

5-Year Change

↓ -5.9%

$519K - $652K

Price Range

$471K - $3.49M

Homes in New York are 80% more expensive than Lakewood

Calculate payment - Lakewood Calculate payment - New York

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.9K

More taxes

Monthly Difference

$245

Less take-home

Effective Rate Diff

2.0%

Rate difference

Lakewood, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

Lakewood, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.