Zip 98445 (Parkland, WA) Cost of Living


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How much do I need to live in Parkland, Washington?
$6,840 / month
for a family, 26.7% more expensive than the national average A total of $82,080 for the year for a family.
$4,567 / month
for a single person, 4.2% less expensive than the national average A total of $54,800 for the year for a single person.

Parkland cost of living score
122.7
More expensive
22.7% higher
than the US average
0.7% higher
than the Washington average
Parkland (zip 98445), Washington gets a BestPlaces Cost of Living score of 122.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% higher than the U.S. average and 0.7% lower than the average for Washington.

Zip 98445 (Parkland, WA)

Housing costs in Parkland?
A typical home costs $428,200, which is 26.6% more expensive than the national average of $338,100 and 19.9% less expensive than the average Washington home, at $534,700. Renting a two-bedroom unit in Parkland costs $1,720 per month, which is 0.6% cheaper than the national average of $1,730 and 20.3% cheaper than the state average of $2,070.

Can I afford Parkland?
To live comfortably in Parkland (zip 98445), Washington, a minimum annual income of $82,080 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Parkland?
The cost of living in 98445 Parkland, WA is quite affordable compared to other parts of the country. The median home price in Parkland is $223,600 and the median household income is $61,946, which indicates that the cost of living is relatively low. Additionally, the unemployment rate in Parkland is only 4%, which further supports the idea that Parkland has a lower than average cost of living. Renting a one-bedroom apartment in Parkland typically costs about $1,000 per month and groceries are very accessible and reasonably priced. All in all, 98445 Parkland is an excellent place to live if you're looking for an area with an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParklandWashingtonUnited States
    Unlock121.9100.0
  100.5  Unlock100.0
    Unlock88.8100.0
  142.2  Unlock100.0
    Unlock$534,700$338,100
  69.9  Unlock100.0
    Unlock113.6100.0
  127.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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