Lake Forest Park, WA Cost Of Living

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Updated: 2020-03-08
Lake Forest Park's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Forest Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake Forest Park, WA?

According to the most recent data on the cost of living, Lake Forest Park has an overall cost of living index of 157 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 1.4x higher than Washington's index of 116.

The standard of living in Lake Forest Park ranks as #5958 most affordable out of the 6522 places we measured in Washington. By definition, that implies Lake Forest Park ranks as the #449 most expensive place in the Evergreen State.

Lake Forest Park Cost Of Living Vs. Washington

Living Expense Lake Forest Park Washington National Average
Overall 157 116 100
Services 136 108 100
Groceries 129 108 100
Health 128 119 100
Housing 221 135 100
Transportation 135 116 100
Utilities 107 89 100
For more reading on cost of living around Washington, check out:
Lake Forest Park Cost of Living Vs. WA

Lake Forest Park, WA Housing Cost Breakdown

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.

Median Home Value
Median Rent
Median Income
Statistic Lake Forest Park Washington United States
Median Home Value $559,000 $311,700 $204,900
Median Rent $1,532 $1,194 $1,023
Median Income $111,234 $70,116 $60,293
Home Value To Income 5.0x 4.4x 3.4x
Rent To Monthly Income 0.17x 0.2x 0.2x

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Cost Of Living In Cities Around Lake Forest Park

City Population Cost Of Living Vs. Lake Forest Park
Everett, WA 108,941 128 0.8x
Shoreline, WA 56,020 142 0.9x
Bothell, WA 44,994 147 0.9x
Lynnwood, WA 37,671 135 0.9x
Lake Stevens, WA 31,778 135 0.9x
Bainbridge Island, WA 24,060 167 1.1x
Kenmore, WA 22,546 151 1.0x
Mountlake Terrace, WA 21,106 134 0.9x
Silverdale, WA 21,071 133 0.8x
Bothell West, WA 20,307 144 0.9x

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