Martha Lake, WA Cost Of Living
Cost Of Living In Martha Lake, WA Summary
Cost of living in Martha 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 Martha 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 Martha Lake is 143, with 100 being the average.
The cost of living index in Martha Lake is 1.4x higher than the national average.
Martha Lake ranks as the #157 cheapest in Washington out of 192.
Martha Lake ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Martha Lake is $564,700.
The median income in Martha Lake is $116,927.
Table Of Contents
Martha Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Martha Lake, WA?
According to the most recent data on the cost of living, Martha Lake has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Washington, Martha Lake has a cost of living index that's 1.2x higher than Washington's index of 115.
The standard of living in Martha Lake ranks as #157 most affordable out of the 192 places we measured in Washington. By definition, that implies Martha Lake ranks as the #35 most expensive place in the Evergreen State.
For more reading on life in Martha Lake, check out:
- Living In Martha Lake
- Search Homes For Sale In Martha Lake, WA
In Washington
In America
Martha Lake Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Martha Lake. Here is how it fairs on each of the criteria:
The Services index in Martha Lake is 130.
The Groceries index in Martha Lake is 128.
The Health index in Martha Lake is 130.
The Housing index in Martha Lake is 170.
The Transportation index in Martha Lake is 140.
The Utilities index in Martha Lake is 107.
| Living Expense | Martha Lake | Washington | National Average | |
|---|---|---|---|---|
| Overall | 143 | 115 | 100 | |
| Services | 130 | 112 | 100 | |
| Groceries | 128 | 109 | 100 | |
| Health | 130 | 119 | 100 | |
| Housing | 170 | 129 | 100 | |
| Transportation | 140 | 116 | 100 | |
| Utilities | 107 | 90 | 100 | |
Martha 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 2017-2021. The key points are:
The Median Home Value in Martha Lake is $564,700.
The Median Rent in Martha Lake is $1,859.
The Median Income in Martha Lake is $116,927.
The Home Value To Income in Martha Lake is 4.8x.
The Rent To Monthly Income in Martha Lake is 0.19x.
| Statistic | Martha Lake | Washington | United States |
|---|---|---|---|
| Median Home Value | $564,700 | $397,600 | $244,900 |
| Median Rent | $1,859 | $1,439 | $1,163 |
| Median Income | $116,927 | $82,400 | $69,021 |
| Home Value To Income | 4.8x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Martha Lake, WA Costs By Category
Detailed Martha Lake Services Costs Vs. Washington
| Item | Martha Lake | 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 Martha Lake Groceries Costs Vs. Washington
| Item | Martha Lake | 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 Martha Lake Health Costs Vs. Washington
| Item | Martha Lake | Washington |
|---|---|---|
| Optometrist | $158.73 | $108.57 |
| Doctor | $136.39 | $116.17 |
| Dentist | $143.77 | $99.13 |
Detailed Martha Lake Transportation Costs Vs. Washington
| Item | Martha Lake | Washington |
|---|---|---|
| Gasoline | $3.19 | $2.22 |
| Tire Balancing | $66.49 | $50.07 |
Detailed Martha Lake Utilities Costs Vs. Washington
| Item | Martha Lake | Washington |
|---|---|---|
| All Electricity | $186.95 | $167.67 |
| Phone | $194.23 | $175.64 |
Martha Lake SnackAbility
/10
Cost Of Living In Cities Around Martha Lake
The cost of living varies in the cities and towns around Martha Lake. 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 157, 1.1x Martha Lake.
Everett, WA has a cost of living index of 125, 0.9x Martha Lake.
Lynnwood, WA has a cost of living index of 135, 0.9x Martha Lake.
| City | Population | Cost Of Living | Vs. Martha Lake |
|---|---|---|---|
| Seattle, WA | 726,054 | 157 | 1.1x |
| Everett, WA | 110,438 | 125 | 0.9x |
| Lynnwood, WA | 38,812 | 135 | 0.9x |
| Lake Stevens, WA | 35,135 | 131 | 0.9x |
| Mill Creek East, WA | 25,528 | 147 | 1.0x |
| North Lynnwood, WA | 24,562 | 133 | 0.9x |
| Bainbridge Island, WA | 24,557 | 165 | 1.2x |
| Mill Creek, WA | 20,665 | 148 | 1.0x |
| Bothell West, WA | 20,180 | 140 | 1.0x |
| Monroe, WA | 19,879 | 131 | 0.9x |
