Housing costs in Olympia?
A typical home costs
$526,900, which is 55.8% more expensive than the national average of
$338,100 and 1.5% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Olympia costs
$1,480 per month, which is 14.5% cheaper than the national average of
$1,730 and close to the state average of
$1,460.
Can I afford Olympia?
To live comfortably in Olympia (zip 98501), Washington, a minimum annual income of
$100,800 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Olympia?
The cost of living in 98501 Olympia, WA is relatively affordable compared to other cities in the US. According to BestPlaces, the cost of living index for 98501 is set at 82.90 which is lower than the US average of 100. This means that groceries, transportation, health care and other necessities are all more affordable than the national average. Rent prices are also quite reasonable with an average studio apartment costing around $800/month. Overall, 98501 Olympia offers a great quality of life without breaking the bank.