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With an index score of 89.50, Seattle takes the 8 th rank among the most expensive American cities to live in. Bankrates cost of living calculator can help you understand the disparities between two metro areas. Each person must take stock of their financial health, lifestyle requirements and future goals. To maintain your standard of living in Seattle, WA, you'll need a household income of: $40,827 The cost of living is 18% lower in Seattle, WA See Seattle's complete City Life page. After all, your paycheck largely determines how much you can afford to spend every month. While its impossible to predict these types of changes, its smart to have a plan in place to minimize their impact on your finances. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Also, remember that some of the outputs on the cost of living calculator like medical visits are for a single person, so youll need to adjust the calculations if youre married or have children. Here's how to know how much you really need. Pre-qualified offers are not binding. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. For example, if you live in Bakersfield, your cost of living is 4 percent higher than the national average, but if you live in San Francisco, its 91 percent higher. Seattle. Cost of living index. Price collection by city is conducted in strict conformance with standard specifications at specified times. Cost of Living Calculator | Seattle, WA - NerdWallet You should factor this commuting time into your overall. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. I can barely keep up with the increasing prices. Although theres no federally reported cost of living index, organizations such as the Economic Policy Institute and Council for Community and Economic Research provide tools to calculate and compare costs. A low rate can save you hundreds each year. The total income . If youre a Social Security recipient, for example, your benefit will be updated for inflation as needed, thanks to the annual cost-of-living adjustment (COLA). Decreasing steadily. higher. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Chicago shows $138k vs 210k and 203k for SF and Seattle. If you don't seattle is better. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Seattle vs Bay Area/San Jose - Cost of living - Blind This category of expenses could include clothing, entertainment and personal care such as haircuts and more. Seattle housing is 124% higher than the national average. One of the most important aspects to a good quality of life is good healthcare.