Frederickson, WA vs Lakewood, WA
There is a significant gap in the cost of living between these two cities. Lakewood is 27.3% cheaper than Frederickson. With a cost index of 118 vs 151, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakewood to Frederickson should plan for substantially higher expenses across most categories.
On the housing front, median rent in Frederickson is $2,429/month compared to $1,460/month in Lakewood — a 66% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $455,900.
Median household income in Frederickson is $107,241 compared to $70,524 in Lakewood (+52.1%). While Frederickson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frederickson spend roughly 27.2% of their income on rent, more than the 24.8% in Lakewood.
Climate-wise, both cities share similar average temperatures (51.9°F vs 51.9°F). Lakewood receives more rainfall at 42" per year compared to 42" in Frederickson.
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Climate
NOAA 30-year normals (1991-2020)