Lakewood, WA vs Oak Harbor, WA

Lakewood, WA and Oak Harbor, WA have a very similar cost of living, with only a 2.7% difference in their overall index. Lakewood scores 118 while Oak Harbor scores 121 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lakewood is $1,460/month compared to $1,629/month in Oak Harbor — a 10% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $421,700.

Median household income in Lakewood is $70,524 compared to $72,041 in Oak Harbor (-2.1%). The higher salaries in Oak Harbor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lakewood spend roughly 24.8% of their income on rent, less than the 27.1% in Oak Harbor.

Climate-wise, both cities share similar average temperatures (51.9°F vs 52.1°F). Lakewood receives more rainfall at 42" per year compared to 19.9" in Oak Harbor.