According to the most recent data on the cost of living, Lake Forest Park has an overall cost of living index of 156 which is 1.6x higher than the national index of 100.
Compared to only Washington, Lake Forest Park has a cost of living index that's 1.3x higher than Washington's index of 119.
The standard of living in Lake Forest Park ranks as #5,948 most affordable out of the 6,418 places we measured in Washington. By definition, that implies Lake Forest Park ranks as the #471 most expensive place in the Evergreen State.
Living Expense | Lake Forest Park | Washington | National Average | |
---|---|---|---|---|
Overall | 156 | 119 | 100 | |
Services | 131 | 112 | 100 | |
Groceries | 128 | 110 | 100 | |
Health | 129 | 122 | 100 | |
Housing | 222 | 136 | 100 | |
Transportation | 139 | 123 | 100 | |
Utilities | 110 | 91 | 100 |
Housing swings affordability the most between places in Washington, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Lake Forest Park | Washington | United States |
---|---|---|---|
Median Home Value | $676,400 | $366,800 | $229,800 |
Median Rent | $1,740 | $1,337 | $1,096 |
Median Income | $138,043 | $77,006 | $64,994 |
Home Value To Income | 4.9x | 4.8x | 3.5x |
Rent To Monthly Income | 0.15x | 0.21x | 0.2x |
Item | Lake Forest Park | Washington |
---|---|---|
Shampoo | $1.13 | $1.06 |
Movie | $14.7 | $10.68 |
Bowling | $21.8 | $14.67 |
Item | Lake Forest Park | Washington |
---|---|---|
Ground Beef | $5.74 | $4.22 |
Fried Chicken | $2.15 | $1.39 |
Milk | $2.5 | $2.05 |
Item | Lake Forest Park | Washington |
---|---|---|
Haircut | $39.33 | $18.62 |
Beauty Salon | $50.33 | $39.05 |
Toothpaste | $3.44 | $2.34 |
Item | Lake Forest Park | Washington |
---|---|---|
Potatoes | $3.5 | $3.29 |
Pizza | $13.12 | $10.62 |
Beer | $10.49 | $9.38 |
Optometrist | $158.73 | $108.57 |
Doctor | $136.39 | $116.17 |
Dentist | $143.77 | $99.13 |
Item | Lake Forest Park | Washington |
---|---|---|
Gasoline | $3.19 | $2.22 |
Tire Balancing | $66.49 | $50.07 |
All Electricity | $186.95 | $167.67 |
Phone | $194.23 | $175.64 |
City | Population | Cost Of Living | Vs. Lake Forest Park |
---|---|---|---|
Everett, WA | 110,840 | 125 | 0.8x |
Shoreline, WA | 56,835 | 139 | 0.9x |
Bothell, WA | 46,386 | 148 | 0.9x |
Lynnwood, WA | 38,538 | 135 | 0.9x |
Lake Stevens, WA | 33,470 | 131 | 0.8x |
Bainbridge Island, WA | 24,859 | 165 | 1.1x |
Kenmore, WA | 22,969 | 148 | 0.9x |
Silverdale, WA | 21,858 | 129 | 0.8x |
Mountlake Terrace, WA | 21,328 | 134 | 0.9x |
Tukwila, WA | 20,265 | 125 | 0.8x |