Mountlake Terrace, WA, has a higher cost of living compared to the nationwide average. The overall cost of living index for Mountlake Terrace stands at 107, which is 7% above the national average of 100. Housing costs are notably higher, with an index of 130, indicating a 30% increase over the average. This suggests that potential residents should consider these factors when planning their budget.
The cost of living in Mountlake Terrace, WA, shows some variations when compared to the nationwide average. Housing costs in Mountlake Terrace stand at 130, which is 30% higher than the national average. This means that housing expenses are significantly more expensive for residents here. Groceries also reflect a higher cost, with an index of 105, indicating a 5% increase over the national average.
Utilities in Mountlake Terrace are slightly lower, with an index of 95, which is 5% below the national average. This provides some relief for residents. Transportation costs are 10% higher, with an index of 110. Healthcare costs remain at par with the national average, with an index of 100. Miscellaneous expenses are also slightly higher, at 102, which is a 2% increase. Overall, while some areas show relief, the higher costs in housing and groceries are notable.
