Housing costs in Tacoma?
A typical home costs
$391,800, which is 15.9% more expensive than the national average of
$338,100 and 26.7% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Tacoma costs
$1,610 per month, which is 6.9% cheaper than the national average of
$1,730 and 28.6% cheaper than the state average of
$2,070.
Can I afford Tacoma?
To live comfortably in Tacoma (zip 98408), Washington, a minimum annual income of
$75,240 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Tacoma?
The cost of living in 98408 Tacoma, WA is relatively affordable compared to other areas in the United States. The median home price is around $396,000 and the median household income is approximately $70,500. The overall cost of living index in Tacoma is around 103 which means it is slightly higher than the national average. Housing prices are comparable to many cities across the country, with rents being slightly higher than the national average. Utilities, food costs, and transportation expenses are also lower than the average for most places in the US. Overall, 98408 Tacoma provides a good value for those looking to move into an area with a great quality of life and lower costs than many other larger metropolitan areas.