Cost of Living in Renton, WA
Housing
The housing market plays a significant role in determining the cost of living in Renton, WA.
- Housing Index: 125.0 / 100
- Median Home Price is: $667000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
When considering a move to Renton, WA, the housing market presents a few key insights. With a housing index of 125.0, this area appears relatively competitive compared to national averages. The median home price of 667000 signifies a robust real estate market, likely catering to a range of homebuyers. Additionally, the average rent for a 2-bedroom apartment is at 2300, while a 2-bedroom house averages 2400. If you are considering relocating, it's essential to weigh these costs against your budget and preference for urban living versus suburban neighborhoods.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Renton, 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 Renton, 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 Renton is a financially viable option for your relocation.