Mountlake Terrace, Washington, has a higher cost of living compared to the nationwide average. Housing costs in Mountlake Terrace are 52% higher than the national average, with the index at 152. Groceries, utilities, and healthcare also show increases, with indexes at 110, 115, and 120, respectively.
Other expenses like transportation and miscellaneous items are close to the national average. The transportation index stands at 105 and miscellaneous expenses at 102. Job seekers need to consider these costs when planning their budgets.
The cost of living index in Mountlake Terrace, Washington, shows notable variations when compared to the nationwide average, which is standardized at 100. Housing costs in Mountlake Terrace stand at 152, which indicates that expenses in this category are 52% higher than the national average. This significant increase suggests that potential residents may need to budget more for housing here than in many other parts of the country.
Other expenses also reflect differences in the local cost of living. For groceries, the index in Mountlake Terrace is 110, meaning costs are 10% higher than the national average. Utilities are slightly up at 115, which is 15% more expensive. Transportation costs are slightly lower at 105, just 5% above the national average. Healthcare and miscellaneous costs also show minor increases, at 120 and 102 respectively, which is 20% and 2% higher than the national average. Overall, while some areas show moderate increases, housing costs are the most significant factor in Mountlake Terrace's higher cost of living.
