Housing costs in Lake Forest Park?
A typical home costs
$886,200, which is 162.1% more expensive than the national average of
$338,100 and 65.7% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Lake Forest Park costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 21.7% more than the state average of
$1,730.
Can I afford Lake Forest Park?
To live comfortably in Lake Forest Park, Washington, a minimum annual income of
$169,920 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Lake Forest Park?
The cost of living in Lake Forest Park is relatively high compared to the national average due to its location near Seattle. Housing costs are above the national median, though lower than many other cities in the area, and groceries and transportation costs are also higher than average. Despite this, Lake Forest Park remains an attractive option for those looking for a suburban lifestyle close to big city amenities. The median home price is still reasonable compared to areas like Seattle or Bellevue, making it a great choice for those looking for an affordable place to live with easy access to all that the Greater Seattle Area has to offer.