Housing costs in Medical Lake?
A typical home costs
$413,300, which is 22.2% more expensive than the national average of
$338,100 and 22.7% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Medical Lake costs
$1,080 per month, which is 37.6% cheaper than the national average of
$1,730 and 9.3% cheaper than the state average of
$1,180.
Can I afford Medical Lake?
To live comfortably in Medical Lake (zip 99022), Washington, a minimum annual income of
$79,200 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Medical Lake?
Living in 99022 Medical Lake, WA is very affordable. The cost of living is well below the national average, making it a great option for those looking for an affordable place to call home. The median household income is $48,973, and the median home value is $159,000. Although housing prices are on the rise, they remain significantly lower than other nearby areas such as Spokane and Seattle. Transportation costs are also relatively low due to the city’s excellent public transportation system. Groceries, clothing, and other necessities are all quite affordable in Medical Lake as well. All in all, living in 99022 Medical Lake, WA is a great choice for those who want an affordable lifestyle without sacrificing quality of life.