Lakewood vs Raleigh
Cost of Living Comparison · 2026 Data
Lakewood
Raleigh
💡 The Verdict
Raleigh is 5% cheaper than Lakewood overall. A $75,000 salary in Lakewood is equivalent to $71,495 in Raleigh.
Category-by-Category Breakdown
Index values for Lakewood (left) vs Raleigh (right). National average = 100.
Detailed Price Comparison
Estimated item-level prices in Lakewood versus Raleigh. Differences shown from Lakewood perspective.
| Item | Lakewood | Raleigh | Difference |
|---|---|---|---|
| 1-Bed Rent | $1,050/mo | $1,010/mo | +$40.00 |
| 2-Bed Rent | $1,400/mo | $1,500/mo | $-100.00 |
| 3-Bed Rent | $1,950/mo | $1,950/mo | $0.00 |
| Bread (loaf) | $3.06 | $2.89 | +$0.17 |
| Milk (gallon) | $3.64 | $3.88 | $-0.24 |
| Eggs (dozen) | $3.59 | $3.31 | +$0.28 |
| Coffee (latte) | $6.00 | $5.93 | +$0.07 |
| Gas (gallon) | $3.31 | $3.37 | $-0.06 |
| Restaurant Meal | $17.14 | $18.36 | $-1.22 |
💰 Salary Equivalence
A $75,000 salary in Lakewood has the same purchasing power as $71,495 in Raleigh.
Conversely, $75,000 in Raleigh equals $78,676 in Lakewood.
💼 Take-Home Pay Comparison
Estimated annual take-home pay on a $75,000 salary after federal, FICA, and state income taxes.
Both states have similar effective tax rates on this salary level. Colorado details → · North Carolina details →
Reading These Numbers: Lakewood (107) vs Raleigh (102)
Lakewood at 107 is 7% above the US average, while Raleigh at 102 is 2% above average. The cost difference between these cities is relatively modest.
In Lakewood, the composite index of 107 reflects a weighted calculation where housing carries the most influence at 98, followed by groceries (105), utilities (93), transportation (96), and healthcare (113). Costs are fairly balanced across categories.
For renters: With median rents of $1,400/mo in Lakewood and $1,500/mo in Raleigh, the annual rent difference is approximately $1,200.0. Over a 5-year period, that compounds to $6,000.0 in savings by choosing the more affordable city.
For homebuyers: The $66,000.0 difference in median home prices between Lakewood and Raleigh translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.
🔗 Related Tools
📚 Moving & Relocation Resources
Amazon affiliate links
CITY PROFILES
Making Your Decision: Lakewood vs Raleigh
Choosing between Lakewood and Raleigh involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.
The cost gap between Lakewood and Raleigh reflects thousands of individual pricing differences across housing markets, grocery chains, utility providers, and healthcare networks. No two households experience the same effective cost of living even in the same city, which is why the category breakdown matters more than the headline number. Adjust the lifestyle weighting sliders above to see how your spending priorities shift the comparison between these specific metros.