Cost of Living in Kent, WA

Housing

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

• Housing Index: 115.0 / 100
• Median Home Price is: $586000
• Average Rent (2 BR Apartment): $2200 per month
• Average Rent (2 BR House): $2300 per month

In Kent, WA, the housing index stands at 115.0, indicating a competitive market. With a median home price of 586000, owning a home may be a stretch for some buyers. Additionally, rental options reflect the same trend, with average rents at 2200 for a 2-bedroom apartment and 2300 for a 2-bedroom house, suggesting that renting isn't an affordable alternative either. Prospective residents should weigh these costs against average income levels and community amenities when considering a move to ensure their investment aligns with their long-term financial goals.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kent, 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 Kent, 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: 110.5

Median Income

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

• Median Income: $86966

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.

• Click here for more information

Summary

When considering a move to Kent, 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.