Denver, United States
-15% vs Denver avgLakewood is a relatively affordable area in Denver, with a cost of living index of 55.8 — that is -15% compared to the Denver average. At #16 of 24, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around $1,615/month, compared to a range of $1,330 in Federal Heights to $2,432 in Cherry Creek.
For a typical resident of Lakewood, housing takes up roughly 38% 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 $64,600 before tax.
Salaries in Lakewood reflect the local cost of living. Based on the neighborhood COLI of 55.8:
After tax and deductions of 23.5% in United States, take-home pay for someone earning $64,600 would be roughly $49,419/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a $41,850 salary in Lakewood, Denver (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 | $41,850 |
| London | GBP | £36,015 |
| Dubai | AED | AED 209,408 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Cherry Creek | 84.1 | 1.28x | +28% |
| LoDo (Lower Downtown) | 80.2 | 1.22x | +22% |
| RiNo (River North) | 75.6 | 1.15x | +15% |
| Hilltop | 75.6 | 1.15x | +15% |
| Highlands | 73.6 | 1.12x | +12% |
See exactly what you need to earn in Lakewood, Denver to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Lakewood:
Lakewood is one of the more affordable neighborhoods in Denver. It costs about -15% less than the city average, ranking #16 out of 24 neighborhoods.
The cost of living in Lakewood is below the Denver average. With a multiplier of 0.85x, everyday expenses including rent, food, and transportation are -15% compared to the city baseline.