How much money do you need to live comfortably in Seattle?
Well, the answer is an annual income of $72,092. A study fromGOBankingrates.com discovered that residents of Seattle earn a median household income of $67,365, which is $4,727 less less than the income needed to cover necessities, savings and additional expenses.
Is it expensive to live in Seattle?
Cost of living study ranks Seattle as fifth most expensive U.S. city to live in. A study looking at the cost of living in 257 cities across the United States has ranked Seattle as the fifth most expensive place to live in the country.
How much does it cost to live in Seattle per month?
Summary about cost of living in Seattle: Four-person family monthly costs: 4,159.09$ without rent (using our estimator). A single person monthly costs: 1,160.03$ without rent. Cost of living index in Seattle is 12.40% lower than in New York.
What is a livable wage in Seattle?
Living Wage OrdinanceSchedule 2 Employer (fewer than 500 employees)Minimum Wage2019$12.00 per hour2020$13.50 per hour2021$15.00 per hour
Is 130k a good salary in Seattle?
130k is a good income, if you don’t have daycare costs or a lot of consumer debt or student loans. I agree with Gardyloo re the 1800.00/mo scenario. Kirkland can be rather expensive. Unless you have several kids or a lot of other debt, you should be just fine on that income in Seattle or Kirkland.
What is considered low income in Seattle?
According to the U.S. Department of Housing and Urban Development, a low income is equal to 80% of the median income, making a “low income” in Seattle $74,785, which is well above the federal poverty line.
What is the coldest month in Seattle?
How do people afford living in Seattle?
People can afford homes in Seattle largely because of the healthy Seattle job market. With giants like Amazon, Microsoft, Facebook and other tech companies dominating the local landscape and Boeing still on the scene, there are jobs – good jobs – to be had in Seattle and its surrounding suburbs.
Why is rent so high in Seattle?
The cost of physical construction is the single biggest share of the rent check. Seattle’s boom has inflated that portion as the shortage of skilled labor and materials has pushed prices ever higher. The construction firm Mortenson estimates that costs in Seattle rose around 4 percent annually over the past few years.
Is Seattle expensive to rent?
In fact, Seattle has become the nation’s most expensive big city for renters outside of California. According to survey data from the U.S. Census Bureau, the median rent and utilities paid in the city of Seattle hit $1,555 in 2017, across all sizes and types of rental units.
Is Seattle more expensive than New York?
Think Carefully… The cost of living in New York, NY is 33.0% higher than in Seattle, WA. You would have to earn a salary of $79,790 to maintain your current standard of living. Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.
Is Seattle more expensive than LA?
Seattle home prices have surpassed Los Angeles, New York and San Diego in the last four years. Despite the recent cooldown in the market, Seattle is now the third-most expensive city in the country to buy a home, behind San Francisco and San Jose.
What jobs are in demand in Seattle?
The 10 most in-demand jobs
- Home health aide (348,400 new job openings expected through 2024)
- Physical therapist (71,800) Related Stories. …
- Emergency medical technician (58,500)
- Nurse practitioner (53,400)
- Web developer (39,500)
- Occupational therapist (30,400)
- Physician assistant (28,700)
- Operations research analyst (27,600)
What are the best jobs in Seattle?
Here’s a quick look at the top ten highest paying jobs in Seattle:
- Airline Pilots, Copilots, and Flight Engineers.
- Family Medicine Physicians.
- Obstetricians and Gynecologists.
- Surgeons, Except Ophthalmologists.
- Pediatricians, General.
- Computer and Information Systems Managers.