Housing costs in Soap Lake?
A typical home costs
$286,700, which is 15.2% less expensive than the national average of
$338,100 and 46.4% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Soap Lake costs
$1,000 per month, which is 42.2% cheaper than the national average of
$1,730 and 3.0% more than the state average of
$970.
Can I afford Soap Lake?
To live comfortably in Soap Lake (zip 98851), Washington, a minimum annual income of
$55,080 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Soap Lake?
The cost of living in 98851 Soap Lake, WA is quite reasonable. The overall cost of living index for this area is 89.3, which is 11.7% lower than the U.S average. The median home price in the area is quite low compared to other parts of the country at just $139,500, providing great value for those who are looking to purchase a home here. Rent prices are also quite low with a median rent price of just $743 per month. Other expenses such as food and utilities are highly affordable with groceries costing about 12% lower than the national average and utilities being about 8% lower than the U.S average. All-in-all, 98851 Soap Lake, WA provides excellent value for those looking to live in an affordable area without sacrificing on quality of life or amenities.