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Lakewood, WA vs SeaTac, WA

118
Lakewood
Washington
VS
-8.2%
129
SeaTac
Washington

Lakewood is moderately more affordable than SeaTac, with a 8.2% lower cost of living index. Lakewood scores 118 compared to 129 for SeaTac, where the US average is 100. This difference means residents of SeaTac can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lakewood is $1,460/month compared to $1,637/month in SeaTac — a 11% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $483,200.

Median household income in Lakewood is $70,524 compared to $76,517 in SeaTac (-7.8%). The higher salaries in SeaTac 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 25.7% in SeaTac.

Climate-wise, both cities share similar average temperatures (51.9°F vs 53.7°F). Lakewood receives more rainfall at 42" per year compared to 39.3" in SeaTac.

Income & Cost

Cost of Living Index
Lakewood
118
8% cheaper
SeaTac
129
Median Household Income
Lakewood
$70,524
SeaTac
$76,517
8% higher

Housing

Median Rent
Lakewood
$1,460
11% cheaper
SeaTac
$1,637
Median Home Value
Lakewood
$420,500
13% cheaper
SeaTac
$483,200
Population
Lakewood
63,034
SeaTac
31,143

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lakewood 51.9°F
SeaTac 53.7°F
Summer High
Lakewood 76°F
SeaTac 77°F
Winter Low
Lakewood 36°F
SeaTac 38°F
Rainfall
Lakewood 42"
SeaTac 39.3"
Rainy Days
Lakewood 168d
SeaTac 156d