Cost of Living: Federal way, WA vs Silverado, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Federal way | Silverado |
|---|---|---|
| Housing Index | 120.0 | 140.0 |
| Median Home Price | $566,500 | $710,000 |
| Average Rent (2 BR Apartment) | $2200 | $2800 |
| Average Rent (2 BR House) | $2240 | $2896 |
Housing Comparison: Federal way vs Silverado
- The median home price in Silverado is higher at $710,000, compared to $566,500 in Federal way.
- In Silverado, the rental for a two-bedroom apartment stands at $2,800, while it is $2,200 in Federal way.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Federal way | Silverado |
|---|---|---|
| Electricity Price | $12.34 | $32.99 |
| Natural Gas Price | $18.14 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Federal way vs Silverado
- Silverado has higher electricity costs at $32.99 per kWh, versus $12.34 in Federal way.
- Natural gas is more expensive in Federal way at $18.14 per unit, while it is cheaper at $16.99 in Silverado.
- Utility expenses are equal in both Federal way and Silverado averaging $250.