Cost of Living in Kennewick, WA
Housing
The housing market plays a significant role in determining the cost of living in Kennewick, WA.
- Housing Index: 95.0 / 100
- Median Home Price is: $399,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
When considering a move to Kennewick, WA, the data reveals a housing index of 95.0, suggesting that the market is relatively affordable compared to national averages. The median home price of 399000 provides a solid investment opportunity, especially for first-time buyers. With average rents for a 2-bedroom apartment at 1500 and for a 2-bedroom house at 1600, securing a rental unit may prove slightly more accessible than home ownership. However, it is essential to weigh local job opportunities and lifestyle factors alongside these housing insights before making a final decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kennewick, 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 Kennewick, 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 Kennewick is a financially viable option for your relocation.