Housing costs in Renton?
A typical home costs
$535,300, which is 58.3% more expensive than the national average of
$338,100 and 0.1% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Renton costs
$1,880 per month, which is 8.7% more than the national average of
$1,730 and 10.1% cheaper than the state average of
$2,070.
Can I afford Renton?
To live comfortably in Renton (zip 98057), Washington, a minimum annual income of
$102,600 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Renton?
The cost of living in 98057 Renton, WA is relatively high. According to data from the US Department of Labor, the overall cost of living index for this area is 132.3, which is 32.3 points above the national average. This means that residents can expect to pay more for basic living expenses such as housing, transportation and groceries. Compared to larger cities in Washington state like Seattle and Spokane, which have a higher cost of living index rating of 150 and 112 respectively, 98057 Renton still remains slightly more expensive than other areas within Washington state.