Lakewood is located in Wisconsin and has an overall cost of living that is -9% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Lakewood.

Housing: Median rent in Lakewood is $1,430 / month, and the median home price is $476,431. Housing costs are -11% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.10), milk ($4.75), and eggs ($4.69) reflect the local grocery landscape. Overall grocery costs are -0% vs the national average.

Healthcare: Medical costs include doctor visits ($134.76), dentist visits ($108.25), and prescription drugs ($19.51). These costs should be factored into your monthly budget when planning a move.

Wisconsin has a state income tax rate of 7.65%, which affects take-home pay for Lakewood residents.

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Lakewood, Wisconsin Cost of Living FAQ

Common questions about living costs in Lakewood.

Lakewood, Wisconsin has an overall cost of living that is -9% the national average. Housing costs are -11% vs the national average. Grocery prices are -0% vs average. Utilities are -14% vs average. This makes Lakewood a reasonably affordable city.

The median rent in Lakewood, Wisconsin is $1,430 / month. Average energy bills run $190.19 / month. Phone bills average $169.67 / month. Housing is typically the largest expense for residents.

Healthcare costs in Lakewood: doctor's visit averages $134.76, dentist visit averages $108.25, prescription drugs average $19.51. Overall healthcare expenses in the area are influenced by the -0% grocery cost difference.

Lakewood is one of 151 cities tracked in Wisconsin. With an overall cost -9% vs the national average, it is more affordable than many other cities in the state. Visit our Wisconsin state page to compare all cities side-by-side and find the best fit for your budget.

Lakewood offers cost of living -9% compared to the national average. Key factors to consider: median home price of $476,431, rent of $1,430 / month, and a state income tax of 7.65% in Wisconsin. Explore our detailed cost breakdown above to see if Lakewood fits your budget.