How Expensive Is It to Live in Seattle?

The cost of living includes expenses for housing, transportation, food, utilities, and other necessities required to maintain a certain standard of living in a specific area. Seattle has a notably high cost of living, exceeding the national average. This elevated cost is a significant consideration for individuals and families contemplating a move to the region.

Housing Costs

Housing stands as the most substantial component of living expenses in Seattle, reflecting its competitive real estate market. As of July 2024, the average rent in Seattle was approximately $2,042 per month, marking a 2.2% increase from the previous year and standing 33% higher than the U.S. national average. Studio apartments in Seattle typically rent for about $1,479 monthly, while a one-bedroom averages around $2,042. For those seeking more space, a two-bedroom apartment can cost approximately $2,429 to $2,832 per month, with three-bedroom rentals often exceeding $3,750. Rent prices vary significantly by neighborhood; for example, in July 2024, Capitol Hill saw studio rents average $1,884, while West Seattle experienced a notable increase in two-bedroom rents.

Purchasing a home in Seattle also presents a substantial financial commitment. The median home price in Seattle has fluctuated, with reports indicating figures around $885,000 as of early 2024 and $727,919 in May 2025. Some neighborhoods, such as Capitol Hill and Queen Anne, have median home prices exceeding $1.5 million. With a 20% down payment, a 30-year fixed-rate mortgage on a median-priced home could result in an average principal and interest payment of approximately $4,234 per month, assuming a rate around 6.44% as of January 2025. This figure does not include property taxes or homeowner’s insurance.

Property taxes in Seattle are paid to King County, not directly to the city. The effective property tax rate in King County averages around 0.85%, and the median annual property tax payment is approximately $6,476. Property taxes are influenced by assessed home values and voter-approved levies, which can lead to year-over-year changes. Homeowner’s insurance in Seattle averages around $1,324 to $1,466 annually for standard coverage. This cost can vary based on factors like dwelling coverage, the home’s age and size, and the chosen insurance provider.

Transportation Expenses

Navigating Seattle involves various transportation costs, whether relying on public transit or private vehicles. Public transportation options include buses and the Link Light Rail, with a one-way fare typically ranging from $2.75 to $3.50. A monthly pass for public transportation can cost around $100. These options provide a cost-effective way to commute and explore the city.

Owning a car in Seattle incurs several expenses beyond the initial purchase. Gas prices are generally higher than the national average, and vehicle registration costs are part of annual expenses. Car insurance in Seattle averages around $1,700 per year, though this can vary based on factors such as driving history, vehicle type, and chosen coverage limits. Parking fees, particularly in urban areas like downtown, can add significantly to daily costs. Ride-sharing services are also available, with typical costs depending on distance and demand, potentially ranging from $15 to $50 for common routes.

Everyday Living Costs

Everyday living costs in Seattle, encompassing groceries, utilities, and healthcare, contribute significantly to the overall budget. Grocery prices in Seattle are approximately 10% to 11% higher than the national average. For a single person, monthly grocery expenses might range from $400 to $500, depending on dietary habits and where groceries are purchased.

Utility expenses are another recurring cost for residents. Average monthly utility bills, including electricity, water, garbage, and internet, can total around $272.42 per month. These amounts can fluctuate based on usage, household size, and specific service providers.

Healthcare costs in Seattle are also higher than the national average, about 28% higher than the national average. Average health insurance premiums for an individual can range from $500 to $700 per month, depending on the plan and coverage level. Routine doctor visits without insurance might cost approximately $100 to $200.

Additional Common Expenditures

Beyond the primary categories, several other common expenditures contribute to the overall cost of living in Seattle. Dining out is a popular activity, but it comes with a higher price tag; food prices in restaurants can be 15% higher than the national average, with some meals exceeding $20. A movie ticket in Seattle typically costs around $15.27.

Personal care services and entertainment also add to monthly expenses. A haircut often costs around $48.66, and dry cleaning services average about $24.60. Gym memberships also vary but are a common expense for many residents.