Housing costs in Edmonds?
A typical home costs
$803,100, which is 137.5% more expensive than the national average of
$338,100 and 50.2% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Edmonds costs
$2,130 per month, which is 49.0% more than the national average of
$1,430 and 18.8% more than the state average of
$1,730.
Can I afford Edmonds?
To live comfortably in Edmonds, Washington, a minimum annual income of
$153,720 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Edmonds?
Edmonds, WA is an affordable place to live, with an overall cost of living index that is slightly below the US average. It has a low unemployment rate and the median household income is higher than many other areas in the state. Housing prices are reasonably low compared to nearby Seattle, with median home values sitting at $504,900 and median rent prices about $1,600 per month. Groceries and health care costs are generally close to the national average while transportation costs such as gas are slightly lower than many other cities. In general, Edmonds provides its residents with a comfortable quality of life at an affordable cost.