And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. I can barely keep up with the increasing prices. Health related expenses are 22.1% more in Sunnyvale. After all, your paycheck largely determines how much you can afford to spend every month. We use the Consumer Price Index (CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Although theres no federally reported cost of living index, organizations such as the Economic Policy Institute and Council for Community and Economic Research provide tools to calculate and compare costs. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. We believe everyone should be able to make financial decisions with confidence. There are nearly 8 million people in an area smaller than the Seattle Metro. Pre-qualified offers are not binding. Get started! This can vary depending on the time of day, day of week, and the weather and road conditions. And it adds up. Before you get the keys to your new home, you'll have to pay closing costs. Just enter your salary and job title as well as your current location and the city where you're considering a move. Copyright 2009-2023 Numbeo. How To Find The Cheapest Travel Insurance, Grocery store accessibility and dining choices. Datadog. A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. Facebook, Go to company page One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. Groceries index. I'm also a bay area native living in Seattle working in tech - this place has generally very good public transit, but you'll need a car to see nature, the coast, go hiking, etc. Atlanta housing costs are 60.7% less expensive than Seattle housing costs. Weve broken down the top cities in several states, ranked by such factors as affordability, job prospects and safety. While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Source: Wikipedia (as of 04/11/2019). Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. In a couple of decades or even less than that, Seattle with its natural resources will be the place to go and it will be much more longed for than bay area ( think about global warming, drought, water shortage, wild fires, etc etc ) .. Seattle wins hands down. Consider the miscellaneous category the catch-all for all other expenses, like the price of groceries, office supplies, clothing, vet services and more. Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. NYC sounds like a good fit for you. Use Salary.com's Cost of Living Calculator to easily compare the cost of living in your current location to the cost of living in a new location. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. View future changes in the minimum wage in your location by visiting, If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your, If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Get your true budget and find a home with ease. Answer some questions to get offerswith no impact to your credit score. At different times of the year you can get local produce low prices at roadside stands or farmers markets. Your income will also become stretched with childcare costs if you plan on starting or expanding your family, so factor that into your decision-making when investigating where you can afford to live comfortably. Sign up or log in to compare your personalized match scores. While other resources provide basic cost comparisons. Seattle (/ s i t l / see-AT-l) is a seaport city on the West Coast of the United States.It is the seat of King County, Washington.With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of North America. : This data reflects 2022 and was released from. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Seattle has grocery prices that are 25% higher than the national average. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). The cost of living in Seattle is 34% higher than the Washington average. Proximity to employment is an important consideration because it can drastically impact your cost of living. Bankrate.com is an independent, advertising-supported publisher and comparison service. When evaluating offers, please review the financial institutions Terms and Conditions. Utilities index. Regarding how much of your income you should apply to what costs, theres a general principle known as the 50/30/20 budget rule. Seattle, WA area prices were up 2.8% from a year ago. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Amazon, To people who have lived in both the places : How do you compare the cost of living?Is it almost the same with rising house rental cost near Seattle?Need not be proper downtowns in either places, so the comparison can extend to like Redmond vs outer San Jose.#seattle #bayarea #amazon #apple #housing, Go to company page Each city or region is given a number thats either above or below 100, which is a barometer that consumers can use to gauge how the cost of living in a particular city relates to the national average. The sales tax for Seattle is 6.5%. Price collection by city is conducted in strict conformance with standard specifications at specified times. Decreasing rapidly. The tickets are expensive and add to my entertainment expenses, increasing my, The average cost of internet access in the U.S. is $66.20 per month. Which certificate of deposit account is best? from the Council for Community and Economic Research. Compare some of America's most popular cities. Seattle, Washington has on average 149 days per years with rain. Health care, childcare, education, transportation and utilities are additional necessities that combine to create the overall cost of living for the average individual or family. Cost of living calculators are useful in comparing the expenses associated with different cities or regions. Education costs meanwhile amount to about $1,226 annually. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. Washington is ranked NO. Price collection by city is conducted in strict conformance with standard specifications at specified times. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. The federal minimum wage is $7.25 per hour while Washington's state law sets the minimum wage rate at $15.74 per hour in 2023. Utilizing public transportation could reduce commuting costs in Seattle, Washington. The estimated average annual cost for child care in Seattle, Washington (based on state average), is $12733. Prices are increasing, but at a reasonable rate. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. It is the third-largest expense category for consumers, behind housing and transportation respectively. For example, if you live in Bakersfield, your cost of living is 4 percent higher than the national average, but if you live in San Francisco, its 91 percent higher. Highlights. Amazon The 28/36 rule is a common sense guideline that states you should not spend more than 28% of your monthly gross income on housingeither your mortgage payment or rentand 36% of your monthly gross income on your total debt. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. Goods & Services index. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Transportation tends to cost 11.81% Price collection by city is conducted in strict conformance with standard specifications at specified times. ago This index measures changes in prices for goods and services purchased by urban households. The cost of living is 25.45% lower in San Francisco, CA. As you shop for a home in different cities and towns, crunch the numbers using our cost of living calculator to see how your total cost of living expenses vary.