Gulfport vs Lakewood

Category-by-Category Breakdown

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

Salary Equivalence

A $75,000 salary in Gulfport has the same purchasing power as $120,181 in Lakewood.

Conversely, $75,000 in Lakewood equals $46,805 in Gulfport.

Living in Gulfport vs Lakewood

Housing Costs

Gulfport's housing index of 55 is lower Lakewood's 188, translating to median home prices of $185,000 vs $574,000. The $389,000 difference in home prices means roughly $25,284 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Gulfport compared to $1,850/mo in Lakewood, a monthly difference of $850.

Grocery & Food Costs

Grocery expenses index at 95 in Gulfport and 101 in Lakewood. A household spending the national average of $475/month on groceries would pay approximately $451/month in Gulfport vs $480/month in Lakewood. Gulfport offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Gulfport and 85 in Lakewood. Monthly utility bills average approximately $396 in Gulfport 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 98 in Gulfport and 84 in Lakewood. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $48,000 in Gulfport and $83,800 in Lakewood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,831 and $63,008 respectively. Lakewood residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,120/month to housing in Gulfport vs $1,955/month in Lakewood. In Gulfport, median rent of $1,000/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 133 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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