Cost of Living in Seattle-Tacoma-Bellevue Metro Area, WA for 2022

Cost of Living in Seattle-Tacoma-Bellevue Metro Area, WA for 2022
Posted by:Aleksandr Belov Posted on:Dec 22,2022

The Seattle-Tacoma-Bellevue, Washington metropolitan area is an urban conglomerate in the state of Washington that includes the City of Seattle, its satellites, and suburbs. The population is 4,102,400 as of 2022.

In this analytical article, we look at the cost of living in Seattle-Tacoma-Bellevue Metro Area, WA for 2022. To do this, we will use a calculator compiled by the Economic Policy Institute (EPI). The Family Budget Calculator (EPI) will help you determine the optimal income to maintain a modest but fairly comfortable standard of living. Consider living expenses for four types of families: one adult, two adults, two adults with one child, and a family of four (two adults and two children). For a complete picture, let’s look at the average net salaries in Seattle-Tacoma-Bellevue Metro Area, WA for 2022. The cost-to-income ratio will help us get the full picture.

Apartment rental prices are based on data from the Department of Housing and Urban Development. The Department takes into account fair market rent, which includes utility costs. Prices were taken into account for renting a studio apartment for one adult, a one-bedroom apartment for two adults, and a two-bedroom apartment for two adults with one or two children. Food expenditures are based on data from the USDA and have been adjusted for each area.

Average net salaries are per month (after tax) and based on numbeo data (current as of end December 2022). The median net salary in Seattle after taxes is $6,266/month (or $75,192/year) as of December 2022.

Monthly Costs Living in Seattle-Tacoma-Bellevue Metro Area, WA For 2022 (Family Budget)

For 1 adult (no children)

HOUSING = $1,523

TRANSPORTATION = $854

OTHER NECESSITIES = $670

FOOD = $326

HEALTH CARE = $344

TAXES = $630

MONTHLY TOTAL / $4,347

ANNUAL TOTAL/ $52,160

For 2 adults (no children)

HOUSING = $1,599

TRANSPORTATION = $1,057

OTHER NECESSITIES = $796

FOOD = $597

HEALTH CARE = $688

TAXES = $688

MONTHLY TOTAL / $5,425

ANNUAL TOTAL/ $65,103

For 2 adults and 1 children

HOUSING = $1,906

CHILD CARE = $1,087

TRANSPORTATION = $1,151

OTHER NECESSITIES = $960

FOOD = $743

HEALTH CARE = $860

TAXES = $881

MONTHLY TOTAL / $7,587

ANNUAL TOTAL/ $91,048

For 2 adults and 2 children

HOUSING = $1,906

CHILD CARE = $1,811

TRANSPORTATION = $1,274

OTHER NECESSITIES = $1,032

FOOD = $941

HEALTH CARE = $1,032

TAXES = $997

MONTHLY TOTAL / $8,993

ANNUAL TOTAL/ $107,916


Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

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