Housing costs in Renton?
A typical home costs
$590,600, which is 74.7% more expensive than the national average of
$338,100 and 10.5% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Renton costs
$2,260 per month, which is 30.6% more than the national average of
$1,730 and 8.4% more than the state average of
$2,070.
Can I afford Renton?
To live comfortably in Renton (zip 98055), Washington, a minimum annual income of
$113,040 for a family, and
$77,200 for a single person is recommended.
What does A.I. say about Renton?
The cost of living in 98055 Renton, WA is relatively high due to the city's proximity to Seattle. According to BestPlaces, the cost of living index in 98055 Renton is 110.29% higher than the national average. The average rent for a one-bedroom apartment is around $1400 per month with utilities included. Groceries are also more expensive than most other places in the US, with an average cost of about $0.97 per 1 pound of potatoes and $2.90 for a dozen eggs. All in all, living in 98055 Renton can be quite costly but still worth it for those who value the convenience and culture that comes with living near Seattle.