Housing costs in Lynnwood?
A typical home costs
$696,100, which is 105.9% more expensive than the national average of
$338,100 and 30.2% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Lynnwood costs
$2,000 per month, which is 39.9% more than the national average of
$1,430 and 13.5% more than the state average of
$1,730.
Can I afford Lynnwood?
To live comfortably in Lynnwood, Washington, a minimum annual income of
$133,200 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Lynnwood?
The cost of living in Lynnwood, WA is relatively high compared to the national average. According to a recent survey, the cost of living index in Lynnwood is about 119.6 which is 19.6 percent higher than the U.S. average. Housing costs are especially high with an average price of about $450,000 for a single family home and $1,600 for a one-bedroom apartment in town. Groceries, healthcare, and transportation also tend to be more expensive than other cities in Washington State. Despite the higher cost of living, many people still choose to live in Lynnwood due to its proximity to Seattle and attractive outdoor activities like hiking and skiing at nearby Snoqualmie Pass and Stevens Pass.