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Home » United States » What is average cost of living in Seattle?

What is average cost of living in Seattle?

December 14, 2021 by Bridget Gibson

Seattle cost of living is 172.3

COST OF LIVING Seattle Washington
Grocery 108.7 101.1
Health 85.2 83.8
Housing 309 164.9
Median Home Cost $851,400 $504,200

Contents

What salary do you need to live in Seattle?

Recommended Salary in Seattle
The recommended household income for a two-bedroom apartment is $75,780 per year. The “living wage,” or the minimum amount of money needed to live above the poverty threshold, in Seattle is $19.57 per hour for a full-time employed individual.

How much money do you need to live comfortably in Seattle?

Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.

How much does it cost to live in Seattle per month?

Summary about cost of living in Seattle, WA, United States: Family of four estimated monthly costs are 4,256$ without rent. A single person estimated monthly costs are 1,191$ without rent. Seattle is 12.37% less expensive than New York (without rent).

Is Seattle expensive to live?

Report: Seattle’s cost of living is 56.8% higher than the national average. A neighborhood along Lake Washington in Seattle. The cost of living in Seattle is 56.8% higher than the national average, according to a recent report from Rent.com.

Is Seattle more expensive than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA.Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.

What is middle class in Seattle?

In Seattle, the average for those two rankings is $331,167 and $583,249, respectively. In other words, someone at the top end of the middle-class income range still makes over 50% less than the average for the top 20% of earners.

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Is rent expensive in Seattle?

Seattle was ranked the 14th most expensive U.S. city to rent in, according to Zumper’s latest National Rent Report. That report tracks month-over-month and year-over-year changes in rent prices for one-and two-bedroom apartments. For two-bedroom apartments, rent prices have increased 5.2% since August, the report said.

What qualifies as low income in Seattle?

The Department of Housing and Urban Development now says a Seattle-area family of four with household earnings under $72,000 is low-income. That’s higher than the average household income in 46 states.A worker making $15 an hour is considered very low-income in the region.

Is moving to Seattle a good idea?

There are many great reasons to consider moving to Seattle.Not only is Seattle surrounded by lush evergreen forests, but the city is famous for being environmentally friendly. Plus, its residents earn above-average incomes. Seattle has a reputation for being a rainy city.

Is it depressing to live in Seattle?

Even in normal times, some people who live in Seattle start to feel down around this time of the year. The gray and drizzle has set in, and we can look forward to six more months of it. But 2020 is anything but normal.

Is Seattle more expensive than LA?

Los Angeles is 0.6% more expensive than Seattle. Los Angeles housing costs are 3.5% less expensive than Seattle housing costs. Health related expenses are 4.9% more in Los Angeles.

What is good salary in Seattle?

Average Salary in Seattle, WA

Annual Salary Weekly Pay
Top Earners $97,704 $1,878
75th Percentile $80,334 $1,544
Average $66,834 $1,285
25th Percentile $53,737 $1,033
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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.

Is Seattle cheaper than Boston?

Boston is 5.7% less expensive than Seattle. Boston housing costs are 15.7% less expensive than Seattle housing costs. Health related expenses are 2.1% less in Boston.

Is it cheaper to live in Portland or Seattle?

When it comes to the benefits of Portland vs. Seattle, Portland wins on affordable living. It is much more affordable with home prices at a median of $451,000. This is much less than the median home price in Seattle, which is $758,200.

How much is food in Seattle?

Average Daily Costs
While meal prices in Seattle can vary, the average cost of food in Seattle is $38 per day. Based on the spending habits of previous travelers, when dining out an average meal in Seattle should cost around $15 per person.

Is Seattle more expensive than San Francisco?

The cost of living in San Francisco, CA is 37.1% higher than in Seattle, WA. You would have to earn a salary of $82,287 to maintain your current standard of living. Employers in San Francisco, CA typically pay 14.3% more than employeers in Seattle, WA.

What is Seattle best known for?

Seattle is famous for Starbucks and overall coffee culture, grunge music scene, the Seahawks, the Space Needle, Pike Place Market, headquarters of a lot of the tech industry (including both Amazon and Microsoft), hiking, kayaking, and general outdoors lifestyle (think REI). But that’s not all!

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What is upper class salary?

For a family of three, that ranges from $40,100 to $120,400 for 2018 incomes in a recent Pew study.
What Is a Middle-Class Income?

Income group Income
Lower-middle class $32,048 – $53,413
Middle class $53,413 – $106,827
Upper-middle class $106,827 – $373,894

What salary is considered rich?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $470,000 a year in 2021 is considered a top 1% income earner.

Filed Under: United States Tagged With: Seattle, Washington

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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