Cost of Living in Lake stevens, WA

Housing

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

• Housing Index: 115.0 / 100
• Median Home Price is: $594000
• Average Rent (2 BR Apartment): $2300 per month
• Average Rent (2 BR House): $2400 per month

Considering a move to Lake stevens, WA? The housing index of 115.0 suggests the market is slightly above average, indicating a competitive landscape for buyers. With a median home price of 594000, purchasing a home may require significant investment. Renters should note that the average cost for a 2-bedroom apartment stands at 2300 and for a house at 2400. Whether buying or renting, securing a residence in this market necessitates careful financial planning, especially considering potential economic shifts and local amenities that may influence overall cost of living.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake stevens, 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 Lake stevens, 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: 112.8

Median Income

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

• Median Income: $111821

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 Lake stevens, 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.