Summary about cost of living in Washington, DC, United States: Family of four estimated monthly costs are 4,095$ without rent. A single person estimated monthly costs are 1,129$ without rent.
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What is the average cost of living per month in Washington state?
Its living wage is only $48,537 and housing costs about $795 per month. The costs for transportation, food, childcare, and other essentials are also considered the lowest in the nation. Other states that have a notably low cost of living include Oklahoma, Arkansas, Kansas, and Missouri.
What is the average cost of living in Washington?
An amount below 100 means Washington is cheaper than the US average. A cost of living index above 100 means Washington, Washington is more expensive.
Washington cost of living is 118.7.
| COST OF LIVING | Washington | United States |
|---|---|---|
| Health | 83.8 | 100 |
| Housing | 164.9 | 100 |
| Median Home Cost | $504,200 | $291,700 |
| Utilities | 74 | 100 |
How much money do you need to live comfortably in Washington state?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $35,027 | $109,246 |
| Annual taxes | $5,678 | $17,710 |
| Required annual income before taxes | $40,705 | $126,957 |
Is rent in Washington expensive?
The average prices for a two-bedroom apartment in Washington’s major cities are about $500 more than the national average.
Washington Housing Costs.
| City | Average 1-Bedroom Rent | Average 2-Bedroom Rent |
|---|---|---|
| Vancouver, WA | $1,354 | $1,599 |
| Tacoma, WA | $1,280 | $1,680 |
| Spokane, WA | $991 | $1,362 |
What is the most expensive state to live in?
Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.
Which state is the cheapest state to live in?
Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.
Is Washington state affordable?
Is living in Washington affordable? Yes, living in Washington is affordable, but it depends on what area you are in. Cities like Olympia, Richmond, Bothell, and Auburn all qualify as affordable areas in Washington. If you’re thinking of moving to Washington, you need to find a city that fits your budget.
Is it cheaper to live in Washington or Texas?
Overall, when you compare Dallas, Texas to Seattle, Washington, Seattle is about 70% more expensive in terms of the cost of living. The average house in Dallas costs just over $200,000, while the average house in Washington costs just over $700,000.
Is Washington cheaper than California?
Washington state fares better than California according to data released in October 2020.WA residents can expect to pay 6% less at restaurants, 11.9% less for groceries, 1.3% less for transportation, 1.9% less for childcare, and 15.6% less for housing, which means there will be lower rent price and monthly savings.
Can you live on 18 dollars an hour?
In short, 18 dollars is $37,440 a year which is above the minimum wage and is enough to live on in most areas as long as you do not have any dependents.
Can I afford to live in Washington state?
The numbers are even bleaker in Washington, which is ranked the 8th most ‘out of reach’ state for housing affordability.That means a renter needs to make $26.87 per hour to afford a 2-bedroom unit in Washington. An employee earning minimum wage would have to work 93 hours per week to afford the same place.
What is considered a livable wage?
The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.
Is it cheaper to live in Washington or Idaho?
Idaho has an overall lower cost of living, with the exception of housing which is just above the national average. The reason? Cali expats (like myself) are the cause of housing prices in the great Northwest.
Is Washington a nice state to live in?
Yes. Most definitely. Washington state is a great place to live. For work opportunities, access to majestic outdoor spaces, no income taxes, and moderate year-round temperatures.
Where is the lowest cost of living in the US?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
What is the safest state to live in?
Safest States in the U.S.
- Maine. With a score of 66.02, Maine is the safest U.S. state.
- Vermont. Vermont is the second-safest state in the U.S., with a score of 65.48.
- Minnesota. Minnesota is the third-safest state in the U.S. Minnesota’s total score is 62.42.
- Utah.
- Wyoming.
- Iowa.
- Massachusetts.
- New Hampshire.
What is the cheapest and safest state to live in?
Here are the top 10 cheapest states to live in, according to WalletHub’s report.
- Alabama.
- West Virginia.
- Arkansas.
- Indiana.
- Missouri.
- Utah.
- Mississippi.
- Tennessee.
What is the most expensive state to live in 2021?
Hawaii
Missouri had the 12th lowest cost of living in the United States for the third quarter 2021. St. Joseph was added this quarter as a Missouri city in the Cost of Living series. In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast.
Where can you live for 500 a month?
5 Places to Retire for Under $500 per Month
- Leon, Nicaragua.
- Medellin, Colombia.
- Las Tablas, Panama.
- Chiang Mai, Thailand.
- Languedoc-Roussillon, France.
- Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
What is the best state to live in financially?
Full Ranking of All 50 States
| Rank | State | Median Income |
|---|---|---|
| 1 | Wyoming | $40,240 |
| 2 | Washington | $46,100 |
| 3 | Texas | $37,100 |
| 4 | Minnesota | $42,630 |
