Thornton, CO vs. Lakewood, CO: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Thornton vs Lakewood. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Thornton vs Lakewood in 2025.
1. Housing Costs
Housing is often the biggest factor in cost of living. Here’s how Thornton and Lakewood compare for typical options:
| Housing Type | Thornton | Lakewood |
|---|---|---|
| 2BR Apartment (Monthly Rent) | $1,800 | $2,100 |
| 3BR House (Median Price) | $450,000 | $550,000 |
🏆 Winner: Thornton. Housing costs about 15-20% less in Thornton compared to Lakewood.
2. Utilities and Energy Costs
Utility bills are a major monthly expense. In Thornton and Lakewood, expect to pay:
- Electricity: $100-150/month
- Gas: $50-80/month
- Water/Sewer/Trash: $70-100/month
Costs are similar, but Thornton residents save about 5% on average.
🏆 Winner: Thornton, but utility costs are close between the two cities.
3. Groceries and Daily Expenses
For groceries, dining out, and everyday purchases, Thornton tends to be 5-10% cheaper than Lakewood. Budget around $400/month per adult in Thornton vs $450 in Lakewood.
🏆 Winner: Thornton has the edge for daily expenses and grocery bills.
4. Taxes and Fees
Thornton has slightly lower property taxes than Lakewood (0.7% vs 0.8% of home value). However, Lakewood’s city sales tax rate is 3% vs Thornton’s 3.75%.
In Thornton, HOA fees often include landscaping and trash, adding $200-400/month. Lakewood HOAs are similar.
🏆 Winner: Lakewood. Lower sales tax gives it a slight overall advantage.
5. Cost Summary Table
| Category | Thornton | Lakewood |
|---|---|---|
| Housing (3BR) | $2,500 | $3,000 |
| Utilities | $250 | $270 |
| Groceries | $400 | $450 |
| Transportation | $150 | $150 |
| Taxes | $600 | $550 |
| Misc | $400 | $450 |
| Estimated Monthly Total | $4,300 | $4,870 |
6. Lifestyle Fit
Thornton offers more space for the money, while Lakewood provides better walkability and public transit. Lakewood is also a bit closer to downtown Denver.
Thornton is about 5°F colder than Lakewood in winter. Both suburbs are great for families.
7. FAQ
- Is Thornton more affordable than Lakewood? Yes, Thornton has lower housing, food, and utility costs. Expect to spend about $500 less per month in Thornton.
- Which city has lower rent? Thornton. A 2BR apartment averages $1,800/month vs $2,100 in Lakewood.
- Where is it cheaper to buy a home? Thornton. The median price for a 3BR house is about $450,000 in Thornton compared to $550,000 in Lakewood.
8. Conclusion
Thornton is the more affordable choice, ideal for those prioritizing space and savings. Lakewood’s location and walkability may appeal to young professionals and commuters. Budgets under $4,500/month will go further in Thornton.
For more insights, read our guides on Monthly Budget Examples for Thornton Residents and Cost of Living in Thornton (2025 Guide).