Mountlake Terrace, WA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Mountlake Terrace is 110, which is 10% higher than the national average of 100. Housing costs are notably higher, with an index of 152, indicating a 52% increase over the national average. This suggests that job seekers in Mountlake Terrace should consider the elevated housing expenses when planning their budget.
The cost of living in Mountlake Terrace, WA, shows some notable differences when compared to the nationwide average. The housing index stands at 152, indicating that housing costs are 52% higher than the national average. This suggests that potential residents should budget more for rent or mortgage payments. Groceries, another essential expense, have an index of 105, which is 5% higher than the average. This means that grocery bills will be slightly more expensive than in many other parts of the country.
Utilities in Mountlake Terrace are also slightly above the national average, with an index of 112, reflecting a 12% increase. Transportation costs, however, are lower, with an index of 98, which is 2% below the average. Healthcare costs remain on par with the national average, with an index of 100. Miscellaneous expenses, such as entertainment and personal care, have an index of 107, which is 7% higher than the average. These figures provide a clear picture of where costs may rise or fall for those considering a move to Mountlake Terrace.
