Lakewood, WA vs Silver Firs, WA

The cost of living difference between Lakewood, WA and Silver Firs, WA is dramatic. Lakewood is 38.1% cheaper than Silver Firs, a gap that translates to thousands of dollars per year in household expenses. Lakewood has a cost index of 118 while Silver Firs sits at 191, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lakewood is $1,460/month compared to $2,853/month in Silver Firs — a 49% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $791,700.

Median household income in Lakewood is $70,524 compared to $153,026 in Silver Firs (-53.9%). While Silver Firs 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 22.4% in Silver Firs.

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 Silver Firs.