Cost of Living in Lakewood, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
203.6
100 = national avg
+103.6 vs national average
Living Wage (1 Adult)
$89,595
per year
Living Wage (Family of 4)
$211,769
per year
Cost Index by Category
Housing301.2
Food139.3
Transportation140.1
Healthcare131.4
Utilities163.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,085
per month
2 Bedroom
$2,601
per month
The overall cost of living index in Lakewood is 203.6, which is 103.6% above the national average. Housing costs are above the national average at an index of 301.2. A single adult needs to earn approximately $89,595 per year to cover basic expenses.