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Lakewood, WA vs North Lynnwood, WA

118
Lakewood
Washington
VS
-20.1%
148
North Lynnwood
Washington

There is a significant gap in the cost of living between these two cities. Lakewood is 20.1% cheaper than North Lynnwood. With a cost index of 118 vs 148, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakewood to North Lynnwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lakewood is $1,460/month compared to $2,050/month in North Lynnwood — a 29% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $565,000.

Median household income in Lakewood is $70,524 compared to $102,888 in North Lynnwood (-31.5%). While North Lynnwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakewood spend roughly 24.8% of their income on rent, more than the 23.9% in North Lynnwood.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.4°F). Lakewood receives more rainfall at 42" per year compared to 33.4" in North Lynnwood.

Income & Cost

Cost of Living Index
Lakewood
118
20% cheaper
North Lynnwood
148
Median Household Income
Lakewood
$70,524
North Lynnwood
$102,888
31% higher

Housing

Median Rent
Lakewood
$1,460
29% cheaper
North Lynnwood
$2,050
Median Home Value
Lakewood
$420,500
26% cheaper
North Lynnwood
$565,000
Population
Lakewood
63,034
North Lynnwood
23,653

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lakewood 51.9°F
North Lynnwood 51.4°F
Summer High
Lakewood 76°F
North Lynnwood 72°F
Winter Low
Lakewood 36°F
North Lynnwood 37°F
Rainfall
Lakewood 42"
North Lynnwood 33.4"
Rainy Days
Lakewood 168d
North Lynnwood 178d