What salary do you need to live comfortably in Seattle?

What salary do you need to live comfortably in Seattle?

Recommended Salary The recommended household income for a two-bedroom apartment is $65,800 a year, or $32 an hour. The living wage, or the minimum amount of money needed to live above the poverty threshold, in Seattle is $15.26 an hour for a full-time employed individual.

Why is Seattle so expensive?

What makes housing expensive? Seattle has a hot housing market. With so little supply of housing and apartments, and so many people competing for them, prices can rise astronomically and landlords will still get paid. This gap also begets another.

How much does it cost to live in Seattle per month?

Summary about cost of living in Seattle, WA, United States: Family of four estimated monthly costs are 4,260$ without rent (using our estimator). A single person estimated monthly costs are 1,187$ without rent.

Is 80k a good salary in Seattle?

Within Seattle proper, at least any nice part of it, you’re not going to be living large on 80k. But if you’re willing to spend some more time on your commute and get away from the city, you can find more bang for your buck. And the there’s some very nice places in the surrounding area.

Is 120k a good salary in Seattle?

120k-180k salaries are pretty middle class in Seattle.

Is 130k a good salary in Seattle?

130k is a good income, if you don’t have daycare costs or a lot of consumer debt or student loans. I agree with Gardyloo re the 1800.00/mo scenario. Kirkland can be rather expensive. Unless you have several kids or a lot of other debt, you should be just fine on that income in Seattle or Kirkland.

Is 100k a good salary in Seattle?

Seattle has some expensive areas (the red and orange areas). Earning 100k sets you up nicely to buy a house after your first few years in yellow areas. Estimates of the average income for Seattle range from $62k to $66k, so at $100k you’ll be taking home much more than average.

Is 90k a good salary in Seattle?

You’ll be good here. It is expensive but the pros outweigh the cons, and as a Dev your career opportunities here are excellent. At 90k a year you’ll be looking at roughly 5800 a month take home.

What is a decent salary in Seattle?

Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.

What is a middle class income in Seattle?

Families now earn median of $Sept 2018

How much does the average person make in Seattle?

According to the survey, the median household income for the Seattle-area is $92,545. Comparatively, the median income for a household in Washington state in 2018 was $74,073.

Is Seattle cheaper than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA. Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.

Is 140k a good salary in Seattle?

Definitely. 140k is very high relative to the cost of living. The median household income is 80k.

What is considered low income in Seattle?

According to the U.S. Department of Housing and Urban Development, a low income is equal to 80% of the median income, making a “low income” in Seattle $74,785, which is well above the federal poverty line.

What is poverty line in Seattle?

“While many people benefit from our strong local economy, we should keep in mind that 1 in 9 Seattle residents lives below the poverty line.” Poverty varies by household size. A single person under age 65 is considered poor if their total income falls below $Sept 2019

Do I qualify for MFTE Seattle?

All properties participating in the MFTE and Incentive Zoning programs must certify that applicants are income eligible for the program(s). Property managers must: Household must be below the maximum allowable income limit and have all above documentation on file prior to signing a lease/renting unit.

Is Seattle more expensive than LA?

Los Angeles is more expensive(but it’s almost a wash), however, the median income per household is $79,000 in Seattle compared to $54,000 in Los Angeles. Median home prices in Seattle are about 90 k higher than LA, but transportation and utilities are 25 to 30 percent lower. Health costs about the same.

Is Seattle expensive to rent?

In fact, Seattle has become the nation’s most expensive big city for renters outside of California. According to survey data from the U.S. Census Bureau, the median rent and utilities paid in the city of Seattle hit $1,5, across all sizes and types of rental units.

Why is Seattle rent so high?

The cost of physical construction is the single biggest share of the rent check. Seattle’s boom has inflated that portion as the shortage of skilled labor and materials has pushed prices ever higher. The construction firm Mortenson estimates that costs in Seattle rose around 4 percent annually over the past few years.

Is it cheaper to live in Seattle or Los Angeles?

Salary in Seattle is comparable to L.A., but you save more because you don’t pay state income tax. Housing is cheaper and property tax is comparable. Seattle is expensive as well, but it”s still cheaper than L.A. Washington State Government is in a better shape than California state government financially.