Zip 98405 (Tacoma, WA) Cost of Living


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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
     CategoriesTacomaWashingtonUnited States
  122.7121.9100.0
  100.7101.1100
  88.388.8100.0
  144.3172.8100.0
  $414,300$534,700$338,100
  67.4%74.0%100.0%
  120.3113.6100.0
  127.7113.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Tacoma
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Over 18 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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