Housing costs in Tacoma?
A typical home costs
$574,500, which is 69.9% more expensive than the national average of
$338,100 and 7.4% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Tacoma costs
$1,830 per month, which is 5.8% more than the national average of
$1,730 and 13.1% cheaper than the state average of
$2,070.
Can I afford Tacoma?
To live comfortably in Tacoma (zip 98407), Washington, a minimum annual income of
$110,160 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Tacoma?
The cost of living in 98407 Tacoma, WA is relatively high compared to other parts of the United States. The median home price in 98407 is $350,000 - which is significantly higher than the national average. Additionally, utilities such as electricity and water have an above-average cost for residents. While groceries are moderately priced, transportation costs are typically quite expensive given the location of 98407 and its proximity to Seattle. Overall, living in 98407 Tacoma can be expensive, but many people find the city to be worth the cost due to its vibrant culture and close proximity to a range of outdoor activities.