Lakewood, WA vs Silverdale, WA

There is a significant gap in the cost of living between these two cities. Lakewood is 16.5% cheaper than Silverdale. With a cost index of 118 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakewood to Silverdale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lakewood is $1,460/month compared to $2,056/month in Silverdale — a 29% difference. Home values follow the same pattern: Lakewood is more affordable at $420,500 median vs $507,600.

Median household income in Lakewood is $70,524 compared to $101,445 in Silverdale (-30.5%). While Silverdale 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 24.3% in Silverdale.

Climate-wise, both cities share similar average temperatures (51.9°F vs 53.2°F). Lakewood receives more rainfall at 42" per year compared to 37.8" in Silverdale.