Lake Stevens, WA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Lake Stevens, WA Summary

Cost of living in Lake Stevens research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lake Stevens is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Lake Stevens is 131, with 100 being the average.

  • The cost of living index in Lake Stevens is 1.3x higher than the national average.

  • Lake Stevens ranks as the #126 cheapest in Washington out of 192.

  • Lake Stevens ranks as the #5,294 cheapest out of 6,412 in the US.

  • The median home value in Lake Stevens is $425,500.

  • The median income in Lake Stevens is $99,296.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
131
Lake Stevens's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Lake Stevens, WA?

According to the most recent data on the cost of living, Lake Stevens has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.

Compared to Washington, Lake Stevens has a cost of living index that's 1.1x higher than Washington's index of 115.

The standard of living in Lake Stevens ranks as #126 most affordable out of the 192 places we measured in Washington. By definition, that implies Lake Stevens ranks as the #66 most expensive place in the Evergreen State.

For more reading on life in Lake Stevens, check out:

126 out of 192
In Washington
5,294 out of 6,412
In America

Lake Stevens Cost Of Living Vs. Washington

Six factors go into calculating the cost of living index in Lake Stevens. Here is how it fairs on each of the criteria:

  • The Services index in Lake Stevens is 128.

  • The Groceries index in Lake Stevens is 127.

  • The Health index in Lake Stevens is 129.

  • The Housing index in Lake Stevens is 147.

  • The Transportation index in Lake Stevens is 142.

  • The Utilities index in Lake Stevens is 111.

Living Expense Lake Stevens Washington National Average
Overall 131 115 100
Services 128 112 100
Groceries 127 109 100
Health 129 119 100
Housing 147 129 100
Transportation 142 116 100
Utilities 111 90 100
For more reading on cost of living around Washington, check out:
Lake Stevens Cost of Living Vs. WA

Lake Stevens, WA Housing Cost Breakdown

Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Lake Stevens is $425,500.

  • The Median Rent in Lake Stevens is $1,803.

  • The Median Income in Lake Stevens is $99,296.

  • The Home Value To Income in Lake Stevens is 4.3x.

  • The Rent To Monthly Income in Lake Stevens is 0.22x.

Statistic Lake Stevens Washington United States
Median Home Value $425,500 $397,600 $244,900
Median Rent $1,803 $1,439 $1,163
Median Income $99,296 $82,400 $69,021
Home Value To Income 4.3x 4.8x 3.5x
Rent To Monthly Income 0.22x 0.21x 0.2x
Search Homes For Sale In Lake Stevens, WA
$425,500
Median Home Value
$1,803
Median Rent
$99,296
Median Income

Lake Stevens, WA Costs By Category

Detailed Lake Stevens Services Costs Vs. Washington

Item Lake Stevens Washington
Shampoo $1.13 $1.06
Movie $14.7 $10.68
Bowling $21.8 $14.67
Haircut $39.33 $18.62
Beauty Salon $50.33 $39.05

Detailed Lake Stevens Groceries Costs Vs. Washington

Item Lake Stevens Washington
Ground Beef $5.74 $4.22
Fried Chicken $2.15 $1.39
Milk $2.5 $2.05
Potatoes $3.5 $3.29
Pizza $13.12 $10.62
Beer $10.49 $9.38
Toothpaste $3.44 $2.34

Detailed Lake Stevens Health Costs Vs. Washington

Item Lake Stevens Washington
Optometrist $158.73 $108.57
Doctor $136.39 $116.17
Dentist $143.77 $99.13

Detailed Lake Stevens Transportation Costs Vs. Washington

Item Lake Stevens Washington
Gasoline $3.19 $2.22
Tire Balancing $66.49 $50.07

Detailed Lake Stevens Utilities Costs Vs. Washington

Item Lake Stevens Washington
All Electricity $186.95 $167.67
Phone $194.23 $175.64

Lake Stevens SnackAbility

9
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
8
Safety
8
Amenities
9
Education
8.5
Commute
3

Cost Of Living In Cities Around Lake Stevens

The cost of living varies in the cities and towns around Lake Stevens. Here's a quick look at the cost of living in the most populous nearby places:

  • Everett, WA has a cost of living index of 125, 1.0x Lake Stevens.

  • Marysville, WA has a cost of living index of 117, 0.9x Lake Stevens.

  • Lynnwood, WA has a cost of living index of 135, 1.0x Lake Stevens.

City Population Cost Of Living Vs. Lake Stevens
Everett, WA 110,438 125 1.0x
Marysville, WA 69,957 117 0.9x
Lynnwood, WA 38,812 135 1.0x
North Lynnwood, WA 24,562 133 1.0x
Martha Lake, WA 22,251 143 1.1x
Monroe, WA 19,879 131 1.0x
Arlington, WA 19,832 118 0.9x
Lake Stickney, WA 14,733 138 1.1x
Woodinville, WA 13,247 159 1.2x
Snohomish, WA 10,091 132 1.0x

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