Housing costs in Tacoma?
A typical home costs
$553,500, which is 63.7% more expensive than the national average of
$338,100 and 3.5% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Tacoma costs
$1,650 per month, which is 4.6% cheaper than the national average of
$1,730 and 25.5% cheaper than the state average of
$2,070.
Can I afford Tacoma?
To live comfortably in Tacoma (zip 98416), Washington, a minimum annual income of
$106,200 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Tacoma?
Living in 98416 Tacoma, WA can be quite affordable. The cost of living is 13% lower than the national average and 3% lower than the state average. Housing costs are also low with an average home price of $273,000. Groceries, transportation, and utilities are all relatively inexpensive compared to other parts of the country. The area has a good employment rate with many great places to work. This combined with the low cost of living makes Tacoma a great place to live and work.