Columbus vs Lakewood
Cost of Living Comparison · 2026
Columbus
Lakewood
The Verdict
Living in Columbus costs 41.4% less than Lakewood. To match the purchasing power of a $75,000 salary in Columbus, you would need $127,885 in Lakewood.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Columbus has the same purchasing power as $127,885 in Lakewood.
Conversely, $75,000 in Lakewood equals $43,985 in Columbus.
Living in Columbus vs Lakewood
Housing Costs
Columbus's housing index of 57 is lower Lakewood's 188, translating to median home prices of $222,000 vs $574,000. The $352,000 difference in home prices means roughly $22,884 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Columbus compared to $1,850/mo in Lakewood, a monthly difference of $800.
Grocery & Food Costs
Grocery expenses index at 97 in Columbus and 101 in Lakewood. A household spending the national average of $475/month on groceries would pay approximately $461/month in Columbus 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 86 in Columbus and 85 in Lakewood. Monthly utility bills average approximately $344 in Columbus vs $340 in Lakewood. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 85 in Columbus and 84 in Lakewood. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $58,100 in Columbus and $83,800 in Lakewood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $74,487 and $63,008 respectively. Columbus residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,356/month to housing in Columbus vs $1,955/month in Lakewood. In Columbus, median rent of $1,050/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 131 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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