Cost of Living in Seattle, WA
A comprehensive look at housing costs in Seattle for 2025.
Crisis
Affordability Score
Home Price
🏠$820K
Monthly Rent
🔑$2,200
Monthly Mortgage
🏦$4,364
7% rate, 20% down
Median Income
💰$100K
Housing Costs Overview
The median home price in Seattle is $820K, which is 100% higher than the national median of $410K. The median rent is $2,200/month, 47% above the national median.
Monthly Mortgage Breakdown
Based on 30-year fixed at 7% with 20% down payment ($164K). Total cost over 30 years: $1.6M.
Rent vs. National Average
At $2,200/month, renting in Seattle means spending about $26K per year on housing. The rent-to-income ratio is 30.0%, which is within the recommended 30% threshold.
Compared to Washington
Home Price
$820K
vs $576K state
Rent
$2,200
vs $1,731 state
Income
$100K
vs $95K state
Is Seattle Getting More Expensive?
Over the past year, home prices in Seattle changed by 3.0% and rents by 2.5%. Price growth is moderate.