City Comparison

Chandler vs Lakewood

Cost of Living Comparison · 2026

Chandler

Arizona
110
Above Average
$450,000
Median Home
$1,650/mo
Median Rent
$88,234
Median Income

Lakewood

Colorado
133
Expensive
$574,000
Median Home
$1,850/mo
Median Rent
$83,800
Median Income

The Verdict

17.3%

Living in Chandler costs 17.3% less than Lakewood. To match the purchasing power of a $75,000 salary in Chandler, you would need $90,682 in Lakewood.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
126
Chandler
188
Lakewood
Groceries
100
Chandler
101
Lakewood
Utilities
96
Chandler
85
Lakewood
Transportation
103
Chandler
114
Lakewood
Healthcare
95
Chandler
84
Lakewood

Salary Equivalence

A $75,000 salary in Chandler has the same purchasing power as $90,682 in Lakewood.

Conversely, $75,000 in Lakewood equals $62,030 in Chandler.

Living in Chandler vs Lakewood

Housing Costs

Chandler's housing index of 126 is lower Lakewood's 188, translating to median home prices of $450,000 vs $574,000. The $124,000 difference in home prices means roughly $8,064 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,650/mo in Chandler compared to $1,850/mo in Lakewood, a monthly difference of $200.

Grocery & Food Costs

Grocery expenses index at 100 in Chandler and 101 in Lakewood. A household spending the national average of $475/month on groceries would pay approximately $475/month in Chandler vs $480/month in Lakewood. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Chandler and 85 in Lakewood. Monthly utility bills average approximately $384 in Chandler vs $340 in Lakewood. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 95 in Chandler and 84 in Lakewood. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $88,234 in Chandler and $83,800 in Lakewood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $80,213 and $63,008 respectively. Chandler residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,059/month to housing in Chandler vs $1,955/month in Lakewood. In Chandler, median rent of $1,650/mo fits within this budget. In Lakewood, median rent of $1,850/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 62 index points — focus your budget analysis there.

Frequently Asked Questions

Chandler is 17.3% more affordable overall with an index of 110 vs 133.
A $75,000 salary in Chandler has equivalent purchasing power to approximately $90,682 in Lakewood, based on the cost of living difference.
Chandler's housing index is 126 with median homes at $450,000, while Lakewood's is 188 with median homes at $574,000.

Moving & Relocation Resources

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