Five Corners, WA vs Lakewood, WA

Lakewood is moderately more affordable than Five Corners, with a 11.6% lower cost of living index. Five Corners scores 132 compared to 118 for Lakewood, where the US average is 100. This difference means residents of Five Corners can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Five Corners is $1,948/month compared to $1,460/month in Lakewood — a 33% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $432,800.

Median household income in Five Corners is $102,423 compared to $70,524 in Lakewood (+45.2%). While Five Corners is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Five Corners spend roughly 22.8% of their income on rent, less than the 24.8% in Lakewood.

Climate-wise, both cities share similar average temperatures (54°F vs 51.9°F). Lakewood receives more rainfall at 42" per year compared to 37.5" in Five Corners.