Lakewood vs Springdale
Cost of Living Comparison · 2026
Lakewood
Springdale
The Verdict
Living in Springdale costs 52.9% less than Lakewood. To match the purchasing power of a $75,000 salary in Lakewood, you would need $49,060 in Springdale.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Lakewood has the same purchasing power as $49,060 in Springdale.
Conversely, $75,000 in Springdale equals $114,655 in Lakewood.
Living in Lakewood vs Springdale
Housing Costs
Lakewood's housing index of 188 is higher Springdale's 86, translating to median home prices of $574,000 vs $299,000. The $275,000 difference in home prices means roughly $17,880 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Lakewood compared to $1,000/mo in Springdale, a monthly difference of $850.
Grocery & Food Costs
Grocery expenses index at 101 in Lakewood and 97 in Springdale. A household spending the national average of $475/month on groceries would pay approximately $480/month in Lakewood vs $461/month in Springdale. 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 85 in Lakewood and 93 in Springdale. Monthly utility bills average approximately $340 in Lakewood vs $372 in Springdale. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 84 in Lakewood and 82 in Springdale. 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 $83,800 in Lakewood and $62,100 in Springdale. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,008 and $71,379 respectively. Springdale residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,955/month to housing in Lakewood vs $1,449/month in Springdale. In Lakewood, median rent of $1,850/mo fits within this budget. In Springdale, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 102 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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