Housing costs in Olympia?
A typical home costs
$521,200, which is 54.2% more expensive than the national average of
$338,100 and 2.5% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Olympia costs
$1,740 per month, which is 0.6% more than the national average of
$1,730 and 16.1% more than the state average of
$1,460.
Can I afford Olympia?
To live comfortably in Olympia (zip 98516), Washington, a minimum annual income of
$99,720 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Olympia?
The cost of living in 98516 Olympia, WA is relatively affordable. The median home price is $316,700, and the median rent for a two-bedroom apartment is $1,190. Goods and services such as groceries, healthcare, transportation, and utilities are slightly lower than the national average. On average, residents can expect to pay around 19% less than the national average for these types of goods and services. In addition, there are no state income taxes in Washington State which also helps keep costs lower.