Quick Answer: Is 200k A Good Salary In Seattle?

Is Seattle cheaper than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA.

Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA..

What is middle class income in Washington state?

Range of household incomes needed to be considered middle class, by family sizeStateSingleCoupleWashington$27,529 – $82,586$38,931 – $116,794West Virginia$22,858 – $68,573$32,326 – $96,977Wisconsin$24,215 – $72,644$34,245 – $102,734Wyoming$25,232 – $75,697$35,684 – $107,05248 more rows•Jul 15, 2020

Is Seattle more expensive than LA?

Los Angeles is more expensive(but it’s almost a wash), however, the median income per household is $79,000 in Seattle compared to $54,000 in Los Angeles. … Median home prices in Seattle are about 90 k higher than LA, but transportation and utilities are 25 to 30 percent lower. Health costs about the same.

What is considered a good salary in Seattle?

Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.

What is considered low income in Seattle?

According to the U.S. Department of Housing and Urban Development, a low income is equal to 80% of the median income, making a “low income” in Seattle $74,785, which is well above the federal poverty line.

Which part of Seattle is best to live?

Here are a few Seattle neighborhoods known for busy urbanites, bustling nightlife, and no shortage of things to do.Ballard. … Belltown. … Downtown. … Capitol Hill. … Central District. … Fremont. … Lower Queen Anne. … South Lake Union.More items…•

Is Washington cheaper than California?

Yes, Washington STATE is less expensive than CA — though it’s 10% higher than the national average. … CA is 39% more expensive than the national average — an average that INCLUDES California. Compared with just the other 49 states, CA is 47% more expensive.

Is 150k a good salary in Seattle?

I do believe $150K per year is a good income especially if you are single. For a family of 4 from my experience 150K per year will get you a decent place to live and you will be able to eat what you want when you want and be able to take an unpaid 5 day vacation every year.

Is Seattle a wealthy city?

Seattle-Tacoma-Bellevue, Wash. A number of the wealthiest metropolitan areas in the country can be found on the West Coast, and nearly all of these in California. The exception is the Seattle-Tacoma-Bellevue metropolitan area, which has a median household income of just under $80,000.

Why is rent in Seattle so high?

The cost of physical construction is the single biggest share of the rent check. Seattle’s boom has inflated that portion as the shortage of skilled labor and materials has pushed prices ever higher. The construction firm Mortenson estimates that costs in Seattle rose around 4 percent annually over the past few years.

Is 80k a good salary in Seattle?

Within Seattle proper, at least any nice part of it, you’re not going to be living large on 80k. But if you’re willing to spend some more time on your commute and get away from the city, you can find more bang for your buck. And the there’s some very nice places in the surrounding area.

Is Seattle expensive to live in?

In fact, Seattle has become the nation’s most expensive big city for renters outside of California. According to survey data from the U.S. Census Bureau, the median rent and utilities paid in the city of Seattle hit $1,555 in 2017, across all sizes and types of rental units.

How much do you need to make to buy a house in Seattle?

For Seattle, the salary required by their analysis is $105,367.89 if you can put down 20 percent on a $489,000 home. If you can only put down 10 percent, the required salary jumps to $122,484.17 thanks to the now-required private mortgage insurance, or PMI.

How much does the average person make in Seattle?

According to the survey, the median household income for the Seattle-area is $92,545. Comparatively, the median income for a household in Washington state in 2018 was $74,073.

What salary do you need to live comfortably in Seattle?

Recommended Salary The recommended household income for a two-bedroom apartment is $65,800 a year, or $32 an hour. The “living wage,” or the minimum amount of money needed to live above the poverty threshold, in Seattle is $15.26 an hour for a full-time employed individual.

Is 130k a good salary in Seattle?

Definitely. 140k is very high relative to the cost of living. The median household income is 80k.

What is a middle class income in Seattle?

Families now earn median of $121,000.

What is upper middle class in Seattle?

A family earning between $30,000 and $50,000 was considered lower-middle class. For high earners, a three-person family needed an income between $100,000 and $350,000 to be considered upper-middle class, Rose says. Those who earn more than $350,000 are rich.