Lynnwood, WA Cost Of Living
Cost Of Living In Lynnwood, WA Summary
Cost of living in Lynnwood 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 Lynnwood 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 Lynnwood is 143, with 100 being the average.
The cost of living index in Lynnwood is 1.4x higher than the national average.
Lynnwood ranks as the #137 cheapest in Washington out of 192.
Lynnwood ranks as the #5,499 cheapest out of 6,489 in the US.
The median home value in Lynnwood is $770,329.
The median income in Lynnwood is $76,439.
Table Of Contents
Lynnwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lynnwood, WA?
According to the most recent data on the cost of living, Lynnwood has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Washington, Lynnwood has a cost of living index that's 1.2x higher than Washington's index of 118.
The standard of living in Lynnwood ranks as #137 most affordable out of the 192 places we measured in Washington. By definition, that implies Lynnwood ranks as the #55 most expensive place in the Evergreen State.
For more reading on life in Lynnwood, check out:
In Washington
In America
Lynnwood Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Lynnwood. Here is how it fairs on each of the criteria:
The Services index in Lynnwood is 118.
The Groceries index in Lynnwood is 110.
The Health index in Lynnwood is 119.
The Housing index in Lynnwood is 212.
The Transportation index in Lynnwood is 123.
The Utilities index in Lynnwood is 97.
| Living Expense | Lynnwood | Washington | National Average | |
|---|---|---|---|---|
| Overall | 143 | 118 | 100 | |
| Services | 118 | 111 | 100 | |
| Groceries | 110 | 112 | 100 | |
| Health | 119 | 122 | 100 | |
| Housing | 212 | 135 | 100 | |
| Transportation | 123 | 124 | 100 | |
| Utilities | 97 | 91 | 100 | |
Lynnwood, 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 Lynnwood is $770,329.
The Median Rent in Lynnwood is $1,675.
The Median Income in Lynnwood is $76,439.
The Home Value To Income in Lynnwood is 10.1x.
The Rent To Monthly Income in Lynnwood is 0.26x.
| Statistic | Lynnwood | Washington | United States |
|---|---|---|---|
| Median Home Value | $770,329 | $595,737 | $303,400 |
| Median Rent | $1,675 | $1,682 | $1,348 |
| Median Income | $76,439 | $94,952 | $78,538 |
| Home Value To Income | 10.1x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Lynnwood, WA Costs By Category
Detailed Lynnwood Services Costs Vs. Washington
| Item | Lynnwood | Washington |
|---|---|---|
| Shampoo | $1.21 | $1.28 |
| Movie | $12.43 | $12.13 |
| Bowling | $18.08 | $18 |
| Haircut | $31.33 | $24.26 |
| Beauty Salon | $49.67 | $45.56 |
Detailed Lynnwood Groceries Costs Vs. Washington
| Item | Lynnwood | 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 Lynnwood Health Costs Vs. Washington
| Item | Lynnwood | Washington |
|---|---|---|
| Optometrist | $132.73 | $125.68 |
| Doctor | $183.4 | $135.78 |
| Dentist | $146.29 | $113.29 |
Detailed Lynnwood Transportation Costs Vs. Washington
| Item | Lynnwood | Washington |
|---|---|---|
| Gasoline | $4.14 | $3.46 |
| Tire Balancing | $65.57 | $59.92 |
Detailed Lynnwood Utilities Costs Vs. Washington
| Item | Lynnwood | Washington |
|---|---|---|
| All Electricity | $163.64 | $193.99 |
| Phone | $200.1 | $192.25 |
Lynnwood SnackAbility
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Cost Of Living In Cities Around Lynnwood
The cost of living varies in the cities and towns around Lynnwood. Here's a quick look at the cost of living in the most populous nearby places:
Seattle, WA has a cost of living index of 179, 1.3x Lynnwood.
Everett, WA has a cost of living index of 136, 1.0x Lynnwood.
Edmonds, WA has a cost of living index of 159, 1.1x Lynnwood.
| City | Population | Cost Of Living | Vs. Lynnwood |
|---|---|---|---|
| Seattle, WA | 741,440 | 179 | 1.3x |
| Everett, WA | 111,083 | 136 | 1.0x |
| Edmonds, WA | 42,783 | 159 | 1.1x |
| Lake Stevens, WA | 39,500 | 140 | 1.0x |
| Bainbridge Island, WA | 24,607 | 185 | 1.3x |
| North Lynnwood, WA | 23,653 | 143 | 1.0x |
| Mountlake Terrace, WA | 21,419 | 149 | 1.0x |
| Bothell West, WA | 21,014 | 157 | 1.1x |
| Monroe, WA | 19,696 | 140 | 1.0x |
| Lake Stickney, WA | 15,514 | 144 | 1.0x |
