Housing costs in University Place?
A typical home costs
$571,700, which is 69.1% more expensive than the national average of
$338,100 and 6.9% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in University Place 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 University Place?
To live comfortably in University Place (zip 98466), Washington, a minimum annual income of
$109,440 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about University Place?
The cost of living in 98466 University Place, WA is relatively high compared to other cities. The median home price is $547,800, which is much higher than the national average. The average rent for a one-bedroom apartment is around $1,400 per month. Groceries and health care services are also more expensive than in other areas. Prices for gas and utilities are on par with the rest of Washington State. Despite the higher prices, wages tend to be commensurate with area costs of living and many families find that it is still possible to live comfortably in University Place.