The cost of living in Lake Stevens, WA, exceeds the nationwide average by 26%. This is primarily due to higher housing costs, which stand at 26% above the national average. In contrast, other categories like groceries, utilities, and healthcare align closely with or slightly below the national average, offering a mixed economic landscape for prospective residents.
Lake Stevens, WA, has a higher cost of living compared to the nationwide average, especially when it comes to housing. The housing index in Lake Stevens is 126, which means housing costs are 26% higher than the national average. This increase is notable and can significantly affect budgets for those considering moving to the area.
Other expenses in Lake Stevens also tend to be higher. The grocery index is 108, showing an 8% increase over the national average. Utilities follow closely at 103, which is 3% higher. Transportation costs are slightly above average at 106, reflecting a 6% increase. Healthcare in Lake Stevens stands at 97, which is 3% below the national average. Finally, miscellaneous expenses are at 102, indicating a 2% increase. Overall, while some areas show savings, the higher housing costs are a significant factor to consider for potential residents.