Quality of Life in Seattle, WA

Income Overview

• Annual Salary: $103,410
• Comparison: Higher than the national average household income, which was approximately $68,700 in 2021.

Cost of Living

• Overall Cost: Significantly higher than the national average.
• Major Expenses:
  • Housing: One of the most significant financial burdens due to high property values and rental rates.
  • Utilities & Transportation: Typically above average compared to other U.S. cities.
  • Groceries & Dining: Likely to be 15-20% higher than the national average.

Housing Market

• Median Home Price: As of late 2023, approximately $815,000 compared to a national median of around $417,000.
• Rental Rates: Elevated, with an average one-bedroom apartment costing over $2,000 per month.
• Market Trends: Competitive and characterized by low inventory levels, driving prices upward.

Quality of Life

• Culture & Recreation: Rich cultural scene with numerous museums, theaters, and a vibrant music scene.
• Natural Beauty: Proximity to mountains, forests, and coastlines offers ample outdoor recreational activities.
• Weather: Mild, with wet winters and pleasant summers, although less sunny compared to other regions.

Access to Healthcare

• Healthcare Quality: High-quality medical facilities, including renowned institutions like the University of Washington Medical Center.
• Costs: Comes with higher healthcare costs; however, substantial employer health benefits often offset these expenses.

Quality of K-12 Schools

• General Performance: Seattle public schools are generally well-regarded, with higher-than-average funding per student.
• Private Options: Several highly respected private and charter schools available.
• Educational Opportunities: Strong emphasis on STEM education and access to advanced placement programs.

Overall Assessment

• While a salary of $103,410 provides a comfortable quality of life in Seattle, the elevated cost of living, particularly regarding housing, poses challenges when compared to much of the rest of the United States. The high quality of education, healthcare access, and the enriching cultural and natural amenities contribute to an attractive lifestyle for those who can manage the financial demands.