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: $586,000
- 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 Kent is a financially viable option for your relocation.