Enviroment factors

Air quality:
1.65
Average air quality index for the past year
Poor air:
31/365
Total amount of days with bad air quality
Water Quality:

Cost of Living in Federal way, WA

Housing

The housing market plays a significant role in determining the cost of living in Federal way, WA.

  • Housing Index: 120.0 / 100
  • Median Home Price is: $566500
  • Average Rent (2 BR Apartment): $2200 per month
  • Average Rent (2 BR House): $2240 per month

Considering relocating to Federal way, WA? The housing index here stands at 120.0, indicating a higher cost relative to the national average; it highlights the demand for housing in this area. The median home price is set at 566500, making homeownership a significant investment. For those looking to rent, expect to pay an average of 2200 for a 2-bedroom apartment, and slightly more for a 2-bedroom house at 2240. This urban landscape has much to offer, but it is advisable to carefully weigh your budget against the local real estate dynamics.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Federal way, WA.

  • Electricity Price: 12.34 USD (median by state)
  • Natural Gas Price: $18.14 USD per Thousand Cubic Feet (median by state)
  • Other Utilities (water, garbage, etc.): $250 per month

Living in Federal way, 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.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

  • Index score: 110.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

  • Median Income: $80360

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

Summary

When considering a move to Federal way, WA, consider the following factors:

  • Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
  • Job opportunities: The availability of jobs in your field can affect your quality of life.
  • Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.
Pros
  1. Public transportation availability.
  2. Family-friendly environment.
  3. Various job opportunities available.
  4. Lower crime rates than nearby cities.
  5. Good schools in the area.
  6. Proximity to Seattle nightlife.
  7. Active local events and festivals.
  8. Access to beautiful parks.
  9. Affordable housing options.
  10. Diverse community overall.
Cons
  1. Higher cost of living compared to state.
  2. Some schools are underfunded.
  3. Limited activities for teens.
  4. Public transit can be unreliable.
  5. Traffic congestion during rush hours.
  6. Issues with homelessness nearby.
  7. Occasional racially motivated dialogues.
  8. Weather can be quite rainy.
  9. Limited nightlife options overall.
  10. Some parts have high crime rates.