Cost of living in Lake Morton-Berrydale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lake Morton-Berrydale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lake Morton-Berrydale is 143, with 100 being the average.
The cost of living index in Lake Morton-Berrydale is 1.4x higher than the national average.
Lake Morton-Berrydale ranks as the #157 cheapest in Washington out of 192.
Lake Morton-Berrydale ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Lake Morton-Berrydale is $481,600.
The median income in Lake Morton-Berrydale is $107,136.
According to the most recent data on the cost of living, Lake Morton-Berrydale has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Washington, Lake Morton-Berrydale has a cost of living index that's 1.2x higher than Washington's index of 115.
The standard of living in Lake Morton-Berrydale ranks as #157 most affordable out of the 192 places we measured in Washington. By definition, that implies Lake Morton-Berrydale ranks as the #35 most expensive place in the Evergreen State.
For more reading on life in Lake Morton-Berrydale, check out:
Six factors go into calculating the cost of living index in Lake Morton-Berrydale. Here is how it fairs on each of the criteria:
The Services index in Lake Morton-Berrydale is 127.
The Groceries index in Lake Morton-Berrydale is 127.
The Health index in Lake Morton-Berrydale is 130.
The Housing index in Lake Morton-Berrydale is 175.
The Transportation index in Lake Morton-Berrydale is 140.
The Utilities index in Lake Morton-Berrydale is 109.
Living Expense | Lake Morton-Berrydale | Washington | National Average | |
---|---|---|---|---|
Overall | 143 | 115 | 100 | |
Services | 127 | 112 | 100 | |
Groceries | 127 | 109 | 100 | |
Health | 130 | 119 | 100 | |
Housing | 175 | 129 | 100 | |
Transportation | 140 | 116 | 100 | |
Utilities | 109 | 90 | 100 |
Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lake Morton-Berrydale is $481,600.
The Median Rent in Lake Morton-Berrydale is $1,739.
The Median Income in Lake Morton-Berrydale is $107,136.
The Home Value To Income in Lake Morton-Berrydale is 4.5x.
The Rent To Monthly Income in Lake Morton-Berrydale is 0.19x.
Statistic | Lake Morton-Berrydale | Washington | United States |
---|---|---|---|
Median Home Value | $481,600 | $397,600 | $244,900 |
Median Rent | $1,739 | $1,439 | $1,163 |
Median Income | $107,136 | $82,400 | $69,021 |
Home Value To Income | 4.5x | 4.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Item | Lake Morton-Berrydale | Washington |
---|---|---|
Shampoo | $1.13 | $1.06 |
Movie | $14.7 | $10.68 |
Bowling | $21.8 | $14.67 |
Haircut | $39.33 | $18.62 |
Beauty Salon | $50.33 | $39.05 |
Item | Lake Morton-Berrydale | Washington |
---|---|---|
Ground Beef | $5.74 | $4.22 |
Fried Chicken | $2.15 | $1.39 |
Milk | $2.5 | $2.05 |
Potatoes | $3.5 | $3.29 |
Pizza | $13.12 | $10.62 |
Beer | $10.49 | $9.38 |
Toothpaste | $3.44 | $2.34 |
Item | Lake Morton-Berrydale | Washington |
---|---|---|
Optometrist | $158.73 | $108.57 |
Doctor | $136.39 | $116.17 |
Dentist | $143.77 | $99.13 |
Item | Lake Morton-Berrydale | Washington |
---|---|---|
Gasoline | $3.19 | $2.22 |
Tire Balancing | $66.49 | $50.07 |
Item | Lake Morton-Berrydale | Washington |
---|---|---|
All Electricity | $186.95 | $167.67 |
Phone | $194.23 | $175.64 |
The cost of living varies in the cities and towns around Lake Morton-Berrydale. Here's a quick look at the cost of living in the most populous nearby places:
Tacoma, WA has a cost of living index of 111, 0.8x Lake Morton-Berrydale.
Kent, WA has a cost of living index of 130, 0.9x Lake Morton-Berrydale.
Auburn, WA has a cost of living index of 125, 0.9x Lake Morton-Berrydale.
City | Population | Cost Of Living | Vs. Lake Morton-Berrydale |
---|---|---|---|
Tacoma, WA | 217,332 | 111 | 0.8x |
Kent, WA | 134,890 | 130 | 0.9x |
Auburn, WA | 85,306 | 125 | 0.9x |
Puyallup, WA | 42,366 | 120 | 0.8x |
Maple Valley, WA | 27,643 | 143 | 1.0x |
Covington, WA | 20,608 | 136 | 1.0x |
Lake Tapps, WA | 12,570 | 146 | 1.0x |
Vashon, WA | 10,886 | 143 | 1.0x |
Fife, WA | 10,869 | 126 | 0.9x |
Sumner, WA | 10,545 | 127 | 0.9x |