Cost of Living in Lakewood, WI

With a cost of living index of 88, Lakewood, WI is a very affordable place to live. Living here is 12% cheaper than the national average and 8% above the Wisconsin state average of 79. Lakewood is a small community of 297 residents.

The median household income in Lakewood is $65,156, which is 13% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Green Bay, WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.