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 140, with 100 being the average.
The cost of living index in Lake Stevens is 1.4x higher than the national average.
Lake Stevens ranks as the #132 cheapest in Washington out of 192.
Lake Stevens ranks as the #5,404 cheapest out of 6,489 in the US.
The median home value in Lake Stevens is $700,971.
The median income in Lake Stevens is $118,290.
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 140, which is 1.4x higher than the national index of 100.
Compared to Washington, Lake Stevens has a cost of living index that's 1.2x higher than Washington's index of 119.
The standard of living in Lake Stevens ranks as #132 most affordable out of the 192 places we measured in Washington. By definition, that implies Lake Stevens ranks as the #60 most expensive place in the Evergreen State.
For more reading on life in Lake Stevens, check out:
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 121.
The Groceries index in Lake Stevens is 112.
The Health index in Lake Stevens is 120.
The Housing index in Lake Stevens is 196.
The Transportation index in Lake Stevens is 124.
The Utilities index in Lake Stevens is 95.
| Living Expense | Lake Stevens | Washington | National Average | |
|---|---|---|---|---|
| Overall | 140 | 119 | 100 | |
| Services | 121 | 112 | 100 | |
| Groceries | 112 | 110 | 100 | |
| Health | 120 | 119 | 100 | |
| Housing | 196 | 136 | 100 | |
| Transportation | 124 | 123 | 100 | |
| Utilities | 95 | 94 | 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 2019-2023. The key points are:
The Median Home Value in Lake Stevens is $700,971.
The Median Rent in Lake Stevens is $2,189.
The Median Income in Lake Stevens is $118,290.
The Home Value To Income in Lake Stevens is 5.9x.
The Rent To Monthly Income in Lake Stevens is 0.22x.
| Statistic | Lake Stevens | Washington | United States |
|---|---|---|---|
| Median Home Value | $700,971 | $595,737 | $303,400 |
| Median Rent | $2,189 | $1,682 | $1,348 |
| Median Income | $118,290 | $94,952 | $78,538 |
| Home Value To Income | 5.9x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
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 | $1.21 | $1.28 |
| Movie | $12.43 | $12.13 |
| Bowling | $18.08 | $18.0 |
| Haircut | $31.33 | $24.26 |
| Beauty Salon | $49.67 | $45.56 |
Detailed Lake Stevens Groceries Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| Ground Beef | $6.18 | $5.84 |
| Fried Chicken | $2.23 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.43 | $4.93 |
| Pizza | $13.35 | $12.09 |
| Beer | $11.13 | $10.41 |
| Toothpaste | $3.89 | $3.7 |
Detailed Lake Stevens Health Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| Optometrist | $132.73 | $125.68 |
| Doctor | $183.4 | $135.78 |
| Dentist | $146.29 | $113.29 |
Detailed Lake Stevens Transportation Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| Gasoline | $4.14 | $3.46 |
| Tire Balancing | $65.57 | $59.92 |
Detailed Lake Stevens Utilities Costs Vs. Washington
| Item | Lake Stevens | Washington |
|---|---|---|
| All Electricity | $163.64 | $193.99 |
| Phone | $200.1 | $192.25 |
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 136, 1.0x Lake Stevens.
Marysville, WA has a cost of living index of 135, 1.0x Lake Stevens.
Lynnwood, WA has a cost of living index of 143, 1.0x Lake Stevens.
| City | Population | Cost Of Living | Vs. Lake Stevens |
|---|---|---|---|
| Everett, WA | 111,083 | 136 | 1.0x |
| Marysville, WA | 71,570 | 135 | 1.0x |
| Lynnwood, WA | 40,953 | 143 | 1.0x |
| North Lynnwood, WA | 23,653 | 143 | 1.0x |
| Martha Lake, WA | 22,740 | 153 | 1.1x |
| Arlington, WA | 20,599 | 134 | 1.0x |
| Monroe, WA | 19,696 | 140 | 1.0x |
| Lake Stickney, WA | 15,514 | 144 | 1.0x |
| Woodinville, WA | 13,440 | 181 | 1.3x |
| Snohomish, WA | 10,177 | 137 | 1.0x |
