Cottage Lake, WA Cost Of Living
Cost Of Living In Cottage Lake, WA Summary
Cost of living in Cottage Lake 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 Cottage Lake 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 Cottage Lake is 200, with 100 being the average.
The cost of living index in Cottage Lake is 2.0x higher than the national average.
Cottage Lake ranks as the #188 cheapest in Washington out of 192.
Cottage Lake ranks as the #6,317 cheapest out of 6,489 in the US.
The median home value in Cottage Lake is $1,334,049.
The median income in Cottage Lake is $197,331.
Table Of Contents
Cottage Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cottage Lake, WA?
According to the most recent data on the cost of living, Cottage Lake has an overall cost of living index of 200, which is 2.0x higher than the national index of 100.
Compared to Washington, Cottage Lake has a cost of living index that's 1.7x higher than Washington's index of 118.
The standard of living in Cottage Lake ranks as #188 most affordable out of the 192 places we measured in Washington. By definition, that implies Cottage Lake ranks as the #4 most expensive place in the Evergreen State.
For more reading on life in Cottage Lake, check out:
In Washington
In America
Cottage Lake Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Cottage Lake. Here is how it fairs on each of the criteria:
The Services index in Cottage Lake is 120.
The Groceries index in Cottage Lake is 114.
The Health index in Cottage Lake is 136.
The Housing index in Cottage Lake is 384.
The Transportation index in Cottage Lake is 129.
The Utilities index in Cottage Lake is 100.
| Living Expense | Cottage Lake | Washington | National Average | |
|---|---|---|---|---|
| Overall | 200 | 118 | 100 | |
| Services | 120 | 111 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 136 | 122 | 100 | |
| Housing | 384 | 135 | 100 | |
| Transportation | 129 | 124 | 100 | |
| Utilities | 100 | 91 | 100 | |
Cottage Lake, 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 2019-2023. The key points are:
The Median Home Value in Cottage Lake is $1,334,049.
The Median Rent in Cottage Lake is $2,374.
The Median Income in Cottage Lake is $197,331.
The Home Value To Income in Cottage Lake is 6.8x.
The Rent To Monthly Income in Cottage Lake is 0.14x.
| Statistic | Cottage Lake | Washington | United States |
|---|---|---|---|
| Median Home Value | $1,334,049 | $595,737 | $303,400 |
| Median Rent | $2,374 | $1,682 | $1,348 |
| Median Income | $197,331 | $94,952 | $78,538 |
| Home Value To Income | 6.8x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Cottage Lake, WA Costs By Category
Detailed Cottage Lake Services Costs Vs. Washington
| Item | Cottage Lake | Washington |
|---|---|---|
| Shampoo | $1.4 | $1.28 |
| Movie | $16.37 | $12.13 |
| Bowling | $21.59 | $18 |
| Haircut | $50.2 | $24.26 |
| Beauty Salon | $72.25 | $45.56 |
Detailed Cottage Lake Groceries Costs Vs. Washington
| Item | Cottage Lake | Washington |
|---|---|---|
| Ground Beef | $5.54 | $5.84 |
| Fried Chicken | $2.55 | $1.57 |
| Milk | $5.1 | $4.67 |
| Potatoes | $4.49 | $4.93 |
| Pizza | $14.4 | $12.09 |
| Beer | $12.14 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Cottage Lake Health Costs Vs. Washington
| Item | Cottage Lake | Washington |
|---|---|---|
| Optometrist | $198.49 | $125.68 |
| Doctor | $236.25 | $135.78 |
| Dentist | $149.39 | $113.29 |
Detailed Cottage Lake Transportation Costs Vs. Washington
| Item | Cottage Lake | Washington |
|---|---|---|
| Gasoline | $4.66 | $3.46 |
| Tire Balancing | $67.2 | $59.92 |
Detailed Cottage Lake Utilities Costs Vs. Washington
| Item | Cottage Lake | Washington |
|---|---|---|
| All Electricity | $193.41 | $193.99 |
| Phone | $202.97 | $192.25 |
Cottage Lake SnackAbility
/10
Cost Of Living In Cities Around Cottage Lake
The cost of living varies in the cities and towns around Cottage Lake. 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 136, 0.7x Cottage Lake.
Kirkland, WA has a cost of living index of 184, 0.9x Cottage Lake.
Redmond, WA has a cost of living index of 191, 1.0x Cottage Lake.
| City | Population | Cost Of Living | Vs. Cottage Lake |
|---|---|---|---|
| Everett, WA | 111,083 | 136 | 0.7x |
| Kirkland, WA | 91,614 | 184 | 0.9x |
| Redmond, WA | 75,721 | 191 | 1.0x |
| Bothell, WA | 48,610 | 163 | 0.8x |
| Lynnwood, WA | 40,953 | 143 | 0.7x |
| Lake Stevens, WA | 39,500 | 140 | 0.7x |
| Issaquah, WA | 39,472 | 178 | 0.9x |
| North Lynnwood, WA | 23,653 | 143 | 0.7x |
| Union Hill-Novelty Hill, WA | 23,272 | 204 | 1.0x |
| Monroe, WA | 19,696 | 140 | 0.7x |
