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Frederickson, WA vs Lakewood, WA

151
Frederickson
Washington
VS
+27.3%
118
Lakewood
Washington

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.

Income & Cost

Cost of Living Index
Frederickson
151
Lakewood
118
21% cheaper
Median Household Income
Frederickson
$107,241
34% higher
Lakewood
$70,524

Housing

Median Rent
Frederickson
$2,429
Lakewood
$1,460
40% cheaper
Median Home Value
Frederickson
$455,900
Lakewood
$420,500
8% cheaper
Population
Frederickson
24,219
Lakewood
63,034

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Frederickson $3.31
Lakewood $3.31
US $3.07
🥚
Eggs (grade A, large)
Frederickson $2.70
Lakewood $2.70
US $2.50
🥛
Milk (whole)
Frederickson $4.35
Lakewood $4.35
US $4.03
🍞
Bread (white)
Frederickson $2.00
Lakewood $2.00
US $1.85
🍗
Chicken breast
Frederickson $4.48
Lakewood $4.48
US $4.14
Electricity
Frederickson $0.16
Lakewood $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Frederickson 51.9°F
Lakewood 51.9°F
Summer High
Frederickson 76°F
Lakewood 76°F
Winter Low
Frederickson 36°F
Lakewood 36°F
Rainfall
Frederickson 42"
Lakewood 42"
Rainy Days
Frederickson 168d
Lakewood 168d