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Cost of Living: Lakewood, CO vs Fort Collins, CO

Wondering how far your dollar stretches in Lakewood compared to Fort Collins? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Lakewood cost-of-living index is 109 vs 111 for Fort Collins (US = 100). Median home: $475,000 vs $500,000. Median rent: $1,650/mo vs $1,500/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Lakewood and Fort Collins have similar costs of living
COL Index: Lakewood 109 vs Fort Collins 111 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Lakewood vs Fort Collins — At a Glance

LakewoodMetricFort CollinsDifference
109Cost of Living Index111+1.8%
$475,000Median Home Price$500,000+5.3%
$1,650Median Monthly Rent$1,500-9.1%
$72,500Median Household Income$78,600+8.4%
0.6%Property Tax Rate0.5%-8.3%
3.5%Unemployment Rate2.8%-20.0%
25 minAverage Commute22 min-12.0%
38.8Median Age30.8-20.6%
160,000Metro Population365,000+128.1%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Lakewood vs Fort Collins

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Lakewood

Median Home Price$475,000
Down Payment (20.0%)$95,000
Loan Amount$380,000
Principal & Interest$2,402/mo
Property Tax$238/mo
Insurance$139/mo
Monthly PITI$2,778/mo

Fort Collins

Median Home Price$500,000
Down Payment (20.0%)$100,000
Loan Amount$400,000
Principal & Interest$2,528/mo
Property Tax$229/mo
Insurance$146/mo
Monthly PITI$2,903/mo

Rent & Affordability Ratios

Median Monthly Rent$1,650 vs $1,500 (-$150/mo)
Annual Rent Difference$1,800/yr more in Lakewood
Home Price-to-Income Ratio6.6x (Lakewood) vs 6.4x (Fort Collins)
Years to Save 20% Down (15% savings rate)8.7 yrs (Lakewood) vs 8.5 yrs (Fort Collins)

Buying a home in Lakewood costs $2,778/month (PITI) compared to $2,903/month in Fort Collins — a difference of $125/month or $1,500/year. The price-to-income ratio is 6.6x in Lakewood versus 6.4x in Fort Collins, suggesting Fort Collins is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 8.7 years to save a down payment in Lakewood compared to 8.5 years in Fort Collins.

Tax Comparison: Lakewood vs Fort Collins

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryLakewoodFort Collins
Gross Income$72,500$78,600
State Income Tax$2,530$2,798
Federal Income Tax$7,399$8,741
FICA (SS + Medicare)$5,546$6,013
Property Tax (on median home)$2,850/yr$2,750/yr
State Sales Tax Rate2.9%2.9%
Total Tax Burden$15,475 (21.3%)$17,552 (22.3%)
Take-Home Pay$57,025$61,048

On median household income, total taxes (federal + state + FICA) come to $15,475 in Lakewood (21.3% effective) versus $17,552 in Fort Collins (22.3% effective). After taxes, take-home pay is $57,025 in Lakewood and $61,048 in Fort Collins. Property taxes add $2,850/year on the median Lakewood home versus $2,750/year in Fort Collins.

Salary Equivalence: What Your Income Is Worth

A $72,500 salary in Lakewood equals
$73,830
in Fort Collins
A $78,600 salary in Fort Collins equals
$77,184
in Lakewood

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $72,500 in Lakewood (COL 109) and relocate to Fort Collins (COL 111), you would need $73,830 to maintain the same purchasing power. This means you would need a raise of $1,330 to maintain the same standard of living in Fort Collins.

Quality of Life: Lakewood vs Fort Collins

Average Commute
25 min
Lakewood
22 min
Fort Collins
3 min longer in Lakewood
Unemployment Rate
3.5%
Lakewood
2.8%
Fort Collins
Fort Collins lower
Metro Population
0.2M
Lakewood
0.4M
Fort Collins
Fort Collins is 2.3x larger

Beyond costs, quality of life matters. The average commute in Lakewood is 25 minutes versus 22 minutes in Fort Collins, a difference of 3 minutes each way. Fort Collins's lower unemployment rate of 2.8% versus 3.5% suggests a stronger job market. Lakewood skews slightly older with a median age of 38.8 vs 30.8 in Fort Collins.

Other Cost of Living Comparisons

Lakewood vs New YorkCOL 109 vs 187Lakewood vs Los AngelesCOL 109 vs 173Chicago vs LakewoodCOL 114 vs 109Fort Collins vs New YorkCOL 111 vs 187Fort Collins vs Los AngelesCOL 111 vs 173Chicago vs Fort CollinsCOL 114 vs 111

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Frequently Asked Questions

Is Lakewood or Fort Collins more expensive?

Lakewood and Fort Collins have very similar costs of living, with COL indices of 109 and 111 respectively (national average = 100). Day-to-day expenses, housing, and taxes are comparable between the two metro areas.

How much more does housing cost in Fort Collins vs Lakewood?

The median home price in Fort Collins is $500,000, which is $25,000 more than Lakewood's median of $475,000. Monthly rent follows a similar pattern: $1,500/month in Fort Collins vs $1,650/month in Lakewood, a difference of $150/month or $1,800/year.

What salary do I need in Fort Collins to match my Lakewood income?

To maintain the same standard of living, a $72,500 salary in Lakewood is equivalent to $73,830 in Fort Collins. This is based on the cost of living index ratio: Lakewood's COL index of 109 vs Fort Collins's 111. Conversely, $78,600 in Fort Collins equals $77,184 in Lakewood.

Which city has lower taxes, Lakewood or Fort Collins?

On a median household income, the combined federal, state, and FICA tax burden is $15,475 (21.3% effective rate) in Lakewood vs $17,552 (22.3% effective rate) in Fort Collins. Property taxes on the median home are $2,850/year in Lakewood (0.6% rate) vs $2,750/year in Fort Collins (0.5% rate). Sales tax rates are 2.9% in Colorado and 2.9% in Colorado.

What is the median household income in Lakewood and Fort Collins?

Lakewood median household income: $72,500/yr. Fort Collins median household income: $78,600/yr (Census ACS).

How does rent compare in Lakewood vs Fort Collins?

Median monthly rent: $1,650 in Lakewood vs $1,500 in Fort Collins. Annualized that is $19,800 vs $18,000.

Which city is better for remote workers, Lakewood or Fort Collins?

Lakewood offers a lower cost of living (index 109 vs 111), which lets remote-workers keeping a coastal salary stretch further. Fort Collins typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Lakewood and Fort Collins numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Lakewood vs Fort Collins comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Lakewood vs Fort Collins cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

All City ComparisonsLakewood COL CalculatorFort Collins COL CalculatorSalary GuidesMortgage Affordability CalculatorRent vs Buy Calculator

Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.