The housing market plays a significant role in determining the cost of living in Bothell, WA.
In Bothell, WA, the housing index stands at an elevated 140.0, indicating a competitive real estate market. With a median home price of 731000, potential buyers should prepare for a significant investment. Rental prices are also steep, with the average rent for a 2-bedroom apartment at 2800 and a house slightly higher at 2900. This high cost of living suggests that both homebuyers and renters may face financial pressures. It's essential to weigh the local job market and amenities before making your decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bothell, WA.
Living in Bothell, WA could entail higher utility costs. Electricity costs sit at 12.34, while natural gas is priced at 18.14 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Bothell, WA, consider the following factors: