Lake Stevens, WA Cost Of Living
Cost Of Living In Lake Stevens, WA Summary
Cost of living in Lake Stevens 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 Stevens 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 Stevens is 131, with 100 being the average.
The cost of living index in Lake Stevens is 1.3x higher than the national average.
Lake Stevens ranks as the #126 cheapest in Washington out of 192.
Lake Stevens ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Lake Stevens is $425,500.
The median income in Lake Stevens is $99,296.
Table Of Contents
Lake Stevens's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lake Stevens, WA?
According to the most recent data on the cost of living, Lake Stevens has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Washington, Lake Stevens has a cost of living index that's 1.1x higher than Washington's index of 115.
The standard of living in Lake Stevens ranks as #126 most affordable out of the 192 places we measured in Washington. By definition, that implies Lake Stevens ranks as the #66 most expensive place in the Evergreen State.
For more reading on life in Lake Stevens, check out:
- Living In Lake Stevens
- Lake Stevens Crime Report
- Search Homes For Sale In Lake Stevens, WA
In Washington
In America
Lake Stevens Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Lake Stevens. Here is how it fairs on each of the criteria:
The Services index in Lake Stevens is 128.
The Groceries index in Lake Stevens is 127.
The Health index in Lake Stevens is 129.
The Housing index in Lake Stevens is 147.
The Transportation index in Lake Stevens is 142.
The Utilities index in Lake Stevens is 111.
| Living Expense | Lake Stevens | Washington | National Average | |
|---|---|---|---|---|
| Overall | 131 | 115 | 100 | |
| Services | 128 | 112 | 100 | |
| Groceries | 127 | 109 | 100 | |
| Health | 129 | 119 | 100 | |
| Housing | 147 | 129 | 100 | |
| Transportation | 142 | 116 | 100 | |
| Utilities | 111 | 90 | 100 | |
Lake Stevens, WA Housing Cost Breakdown
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 Stevens is $425,500.
The Median Rent in Lake Stevens is $1,803.
The Median Income in Lake Stevens is $99,296.
The Home Value To Income in Lake Stevens is 4.3x.
The Rent To Monthly Income in Lake Stevens is 0.22x.
| Statistic | Lake Stevens | Washington | United States |
|---|---|---|---|
| Median Home Value | $425,500 | $397,600 | $244,900 |
| Median Rent | $1,803 | $1,439 | $1,163 |
| Median Income | $99,296 | $82,400 | $69,021 |
| Home Value To Income | 4.3x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Lake Stevens, WA Costs By Category
Detailed Lake Stevens Services Costs Vs. Washington
| Item | Lake Stevens | 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 |
Detailed Lake Stevens Groceries Costs Vs. Washington
| Item | Lake Stevens | 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 |
Detailed Lake Stevens Health Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| Optometrist | $158.73 | $108.57 |
| Doctor | $136.39 | $116.17 |
| Dentist | $143.77 | $99.13 |
Detailed Lake Stevens Transportation Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| Gasoline | $3.19 | $2.22 |
| Tire Balancing | $66.49 | $50.07 |
Detailed Lake Stevens Utilities Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| All Electricity | $186.95 | $167.67 |
| Phone | $194.23 | $175.64 |
Lake Stevens SnackAbility
/10
Cost Of Living In Cities Around Lake Stevens
The cost of living varies in the cities and towns around Lake Stevens. Here's a quick look at the cost of living in the most populous nearby places:
Everett, WA has a cost of living index of 125, 1.0x Lake Stevens.
Marysville, WA has a cost of living index of 117, 0.9x Lake Stevens.
Lynnwood, WA has a cost of living index of 135, 1.0x Lake Stevens.
| City | Population | Cost Of Living | Vs. Lake Stevens |
|---|---|---|---|
| Everett, WA | 110,438 | 125 | 1.0x |
| Marysville, WA | 69,957 | 117 | 0.9x |
| Lynnwood, WA | 38,812 | 135 | 1.0x |
| North Lynnwood, WA | 24,562 | 133 | 1.0x |
| Martha Lake, WA | 22,251 | 143 | 1.1x |
| Monroe, WA | 19,879 | 131 | 1.0x |
| Arlington, WA | 19,832 | 118 | 0.9x |
| Lake Stickney, WA | 14,733 | 138 | 1.1x |
| Woodinville, WA | 13,247 | 159 | 1.2x |
| Snohomish, WA | 10,091 | 132 | 1.0x |
