Zip 98405 (Tacoma, WA) Cost of Living


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How much do I need to live in Tacoma, Washington?
$6,630 / month
for a family, 22.8% more expensive than the national average A total of $79,560 for the year for a family.
$3,700 / month
for a single person, 22.4% less expensive than the national average A total of $44,400 for the year for a single person.

Tacoma cost of living score
122.7
More expensive
22.7% higher
than the US average
0.7% higher
than the Washington average
Tacoma (zip 98405), 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 98405 (Tacoma, WA)

Housing costs in Tacoma?
A typical home costs $414,300, which is 22.5% more expensive than the national average of $338,100 and 22.5% less expensive than the average Washington home, at $534,700. Renting a two-bedroom unit in Tacoma costs $1,400 per month, which is 19.1% cheaper than the national average of $1,730 and 47.9% cheaper than the state average of $2,070.

Can I afford Tacoma?
To live comfortably in Tacoma (zip 98405), Washington, a minimum annual income of $79,560 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Tacoma?
The cost of living in 98405 Tacoma, WA is quite affordable for the area. The median home value is around $338,000 with a median household income of just over $58,000 per year. Renting is also very reasonable, with an average monthly rent of around $1,400. Groceries and other essentials are also relatively inexpensive, as they can be found at various stores throughout the city. Overall, 98405 Tacoma, WA has a fairly low cost of living that makes it an attractive place to live for those looking for a more affordable yet still metropolitan atmosphere.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTacomaWashingtonUnited States
    Unlock121.9100.0
  100.7  Unlock100.0
    Unlock88.8100.0
  144.3  Unlock100.0
    Unlock$534,700$338,100
  67.4  Unlock100.0
    Unlock113.6100.0
  127.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Tacoma
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Over 19 years ago

After a 2 year total renovation of the 'Brown Castle' that is home to Tacoma's 100 yr old Stadium High School, the city has the honor to boast a national award for  More

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