Housing costs in Lynnwood?
A typical home costs
$698,000, which is 106.4% more expensive than the national average of
$338,100 and 30.5% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Lynnwood costs
$2,030 per month, which is 17.3% more than the national average of
$1,730 and 2.0% cheaper than the state average of
$2,070.
Can I afford Lynnwood?
To live comfortably in Lynnwood (zip 98037), Washington, a minimum annual income of
$133,920 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Lynnwood?
The cost of living in 98037 Lynnwood, WA is relatively high. According to BestPlaces's Cost of Living Index, the city is ranked as the 18th most expensive city in the US. The cost of groceries, housing and utilities are all higher than the national averages, and rent for a one-bedroom apartment can range from $1,285 to $1,585 per month. Additionally, transportation costs are high compared to other cities in the region. However, despite the elevated cost of living in Lynnwood, there are still many affordable options available for people looking to live and work here.