Greeley, CO vs Lakewood, CO

There is a significant gap in the cost of living between these two cities. Greeley is 22.5% cheaper than Lakewood. With a cost index of 105 vs 135, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greeley to Lakewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greeley is $1,333/month compared to $1,746/month in Lakewood — a 24% difference. Home values follow the same pattern: Greeley is more affordable at $369,600 median vs $548,200.

Median household income in Greeley is $68,650 compared to $85,789 in Lakewood (-20%). The higher salaries in Lakewood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Greeley spend roughly 23.3% of their income on rent, less than the 24.4% in Lakewood.