Housing costs in Medical Lake?
A typical home costs
$378,700, which is 12.0% more expensive than the national average of
$338,100 and 29.2% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Medical Lake costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 61.7% cheaper than the state average of
$1,730.
Can I afford Medical Lake?
To live comfortably in Medical Lake, Washington, a minimum annual income of
$72,720 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Medical Lake?
The cost of living in Medical Lake, WA is affordable and reasonable. Home prices tend to be lower than the national average while food costs and other expenses are in line with the rest of the state. Its proximity to Spokane means there is easy access to shopping, dining, and entertainment options at a variety of price points. Utility bills tend to be on the lower side, making it ideal for those on a budget. All in all, Medical Lake offers an attractive yet affordable lifestyle for families and individuals alike.