Cost of living in Lakewood, Washington

Lakewood, Washington has about 62,937 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $461,200.

HUD's fair-market rent for a 2-bedroom in Pierce County is $2,064 a month. That is the county number, not an apartment listing in Lakewood. It runs from October 2026 through September 2027.

In the Seattle-Tacoma-Bellevue, WA metro area, prices sit at 111.1 when the U.S. average is 100. That is a 2024 BEA index.

Washington does not tax wages. A typical combined sales tax is 9.5% as of January 1, 2026. That mix is statewide, not Lakewood's exact store tax.

In July 2026, a typical Washington home paid 14.71¢ per kilowatt-hour. That is a state average from EIA, not Lakewood's bill.

In 2025, all-grades gas in Washington averaged $4.23 a gallon. EIA prints this yearly price for only some states.

Among 355 places we list in Washington with a rent figure, 207 have higher typical rent than Lakewood.