Housing costs in Newman Lake?
A typical home costs
$440,200, which is 30.2% more expensive than the national average of
$338,100 and 17.7% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Newman Lake costs
$1,000 per month, which is 42.2% cheaper than the national average of
$1,730 and 18.0% cheaper than the state average of
$1,180.
Can I afford Newman Lake?
To live comfortably in Newman Lake (zip 99025), Washington, a minimum annual income of
$84,240 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Newman Lake?
The cost of living in 99025 Newman Lake, WA is slightly higher than the national average. According to BestPlaces's Cost of Living Index for 2019, the cost of living in Newman Lake is 118.35, which is about 15 points higher than the U.S. average of 103.45. Housing costs are particularly high in the area, with an index score of 132.94, compared to the U.S. average of 100. Groceries and restaurant prices are on par with the national average but transportation costs are slightly higher at 105.30 compared to the U.S. average of 98.77, largely a result of limited public transportation options in this rural area outside Spokane County.