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College Costs in Lakewood, OH 2026

Compare tuition, housing, and financial aid across 3 colleges in Lakewood, Ohio. Use our free calculator to estimate your total cost.

Avg Public Tuition

$11,000

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$537

per month

Colleges & Universities

3

institutions

Lakewood Overview

Population

50,942

Student Population

3,885 (7.6%)

Cost of Living Index

82.1 (avg: 100)

Walk Score

49/100

Transit Score

21/100

Unemployment Rate

4%

College Cost Calculator for Lakewood

Cost Inputs

Total Cost (4 Years, Public In-State)

$93,740

Total After Financial Aid

$93,740

Annual Cost

$23,435

Annual After Aid

$23,435

Cost Breakdown (4 Years)

Tuition$44,000
Room & Board$49,740

If Financed (10-Year Loan at 6.5%)

Loan Amount$93,740
Monthly Payment$1,064
Total Interest$33,988
Total Loan Cost$127,728

Universities in Lakewood

UniversityTypeAnnual Tuition
Lakewood State UniversityPublic$11,403
Lakewood Community CollegeCommunity$5,428

Lakewood has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Lakewood vs. National Average

CategoryLakewoodNational AvgDifference
Public Tuition (In-State)$11,000$10,940+$60
Monthly Rent Near Campus$537$1,050-$513
Cost of Living Index82.1100-17.900000000000006

Lakewood's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Lakewood

49

Walk Score

Car-Dependent

21

Transit Score

Minimal Transit

7.6%

Student Population

3,885 students

Lakewood has a total population of 50,942, with approximately 3,885 college students (7.6% of the population). While not primarily a college town, Lakewood offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Lakewood

$31,389

Starting Salary

4%

Unemployment Rate

53%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Lakewood earn a median starting salary of $31,389, which is -$3,611 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $93,740 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $14,528 per student per year, the net cost and payback period can be significantly reduced.

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