Housing costs in Tacoma?
A typical home costs
$390,300, which is 15.4% more expensive than the national average of
$338,100 and 27.0% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Tacoma costs
$1,600 per month, which is 7.5% cheaper than the national average of
$1,730 and 29.4% cheaper than the state average of
$2,070.
Can I afford Tacoma?
To live comfortably in Tacoma (zip 98418), Washington, a minimum annual income of
$74,880 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Tacoma?
The cost of living in 98418 Tacoma, WA is higher than the national average. Housing costs are significantly higher, with a median home price of almost $400,000. Utilities are more expensive as well, due to the high taxes in the area. Transportation costs are also high with an average commute time of 24 minutes and gas prices being slightly higher than the national average. Groceries and healthcare costs are close to the national average, however other goods and services can be more expensive due to local taxes. All in all, living in 98418 Tacoma, WA can be quite costly but is worth it for those who want to live near Seattle and enjoy all the amenities that come with it.