Housing costs in Tacoma?
A typical home costs
$504,000, which is 49.1% more expensive than the national average of
$338,100 and 5.7% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Tacoma costs
$1,510 per month, which is 12.7% cheaper than the national average of
$1,730 and 37.1% cheaper than the state average of
$2,070.
Can I afford Tacoma?
To live comfortably in Tacoma (zip 98465), Washington, a minimum annual income of
$96,480 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Tacoma?
The cost of living in 98465 Tacoma, WA is generally affordable. Housing costs in the area are relatively low compared to other parts of Washington State, with the median home value being $311,500 and median rent being $1,595 a month. Despite this affordability there are still some areas in Tacoma where living costs can be higher than average. Groceries and goods tend to cost more in the downtown core and surrounding neighborhoods than outlying suburbs. Other expenses such as utilities, transportation and health care are also higher on average for Tacoma compared to other cities across the state. Ultimately, the cost of living depends on individual needs and lifestyle but with careful budgeting, it’s possible to enjoy life in Tacoma while still saving money each month.