Zip 98506 (Olympia, WA) Cost of Living


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How much do I need to live in Olympia, Washington?
$7,920 / month
for a family, 46.7% more expensive than the national average A total of $95,040 for the year for a family.
$3,567 / month
for a single person, 25.2% less expensive than the national average A total of $42,800 for the year for a single person.

Olympia cost of living score
112.1
More expensive
12.1% higher
than the US average
8.0% lower
than the Washington average
Olympia (zip 98506), Washington gets a BestPlaces Cost of Living score of 112.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.1% higher than the U.S. average and 8.0% higher than the average for Washington.

Zip 98506 (Olympia, WA)

Housing costs in Olympia?
A typical home costs $496,300, which is 46.8% more expensive than the national average of $338,100 and 7.2% less expensive than the average Washington home, at $534,700. Renting a two-bedroom unit in Olympia costs $1,250 per month, which is 27.7% cheaper than the national average of $1,730 and 16.8% cheaper than the state average of $1,460.

Can I afford Olympia?
To live comfortably in Olympia (zip 98506), Washington, a minimum annual income of $95,040 for a family, and $42,800 for a single person is recommended.

What does A.I. say about Olympia?
The cost of living in 98506 Olympia, WA is relatively low. The overall cost of living index is 8% lower than the national average and the median home value is around $152,000. It's a great area for those seeking a more affordable lifestyle. The housing market is generally stable and provides plenty of options for those looking to buy or rent. Groceries are also fairly inexpensive, with a median monthly grocery bill of around $245 per month. In addition, the region offers plenty of job opportunities coupled with low taxes, making it an ideal place to live and work in Washington state.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesOlympiaWashingtonUnited States
    Unlock121.9100.0
  101.1  Unlock100.0
    Unlock88.8100.0
  161.1  Unlock100.0
    Unlock$534,700$338,100
  74.5  Unlock100.0
    Unlock113.6100.0
  143.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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