Dallas, United States
+10% vs Dallas avgLakewood is a moderately-priced area within Dallas, with a cost of living index of 68.8 — that is +10% compared to the Dallas average. It sits around the middle of the pack at #11 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,705/month, compared to a range of $1,162 in Denton to $2,170 in Highland Park.
For a typical resident of Lakewood, housing takes up roughly 50% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $68,200 before tax.
Salaries in Lakewood reflect the local cost of living. Based on the neighborhood COLI of 68.8:
After tax and deductions of 20.1% in United States, take-home pay for someone earning $68,200 would be roughly $54,492/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a $51,600 salary in Lakewood, Dallas (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Lakewood would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $51,600 |
| London | GBP | £44,406 |
| Dubai | AED | AED 258,195 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Highland Park | 87.5 | 1.40x | +40% |
| University Park | 84.4 | 1.35x | +35% |
| Turtle Creek | 82.5 | 1.32x | +32% |
| Uptown | 80.0 | 1.28x | +28% |
| Preston Hollow | 78.1 | 1.25x | +25% |
See exactly what you need to earn in Lakewood, Dallas to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Lakewood:
Yes, Lakewood is one of the more expensive neighborhoods in Dallas. It costs about +10% more than the city average, ranking #11 out of 30 neighborhoods.
The cost of living in Lakewood is above the Dallas average. With a multiplier of 1.10x, everyday expenses including rent, food, and transportation are +10% compared to the city baseline.