Question: Is 120k A Good Salary In Seattle?

What is a good salary to live in Seattle?

Income needed: $72,092.

50 percent for necessities: $36,046.

30 percent for discretionary spending: $21,628..

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 130k a good salary in Seattle?

130k is a good income, if you don’t have daycare costs or a lot of consumer debt or student loans. I agree with Gardyloo re the 1800.00/mo scenario. Kirkland can be rather expensive. Unless you have several kids or a lot of other debt, you should be just fine on that income in Seattle or Kirkland.

What is the average cost to live in Seattle?

According to Apartment List’s March 2019 report, the median rent for a two bedroom apartment in Seattle is $1,659. That is nearly $500 higher than the national median of $1,175. The same goes for one bedrooms, as the Seattle median of $1,332 is $385 pricier than the mark for the country as a whole.

How much do you need to make to live comfortably in Seattle 2019?

Your ability to “comfortably” afford housing, transportation, health care, groceries, utilities, transportation and more cost-of-living expenses now has a yearly dollar figure attached to it if you want to live in Seattle. A study by GOBankingRates.com puts the number at $72,092.

How much tax do you pay in Seattle?

Need the exact sales tax rate for your address? The minimum combined 2020 sales tax rate for Seattle, Washington is 10.1%. This is the total of state, county and city sales tax rates. The Washington sales tax rate is currently 6.5%.

Is Seattle cheaper than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA. You would have to earn a salary of $79,790 to maintain your current standard of living. Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.

Is 200k a good salary in Seattle?

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

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.

What is considered rich in Seattle?

Seattle residents believe it takes an average personal net worth of $2.9 million to be considered “wealthy.” That’s more than 30 times the actual median net worth of U.S. households (per the Federal Reserve’s Survey of Consumer Finances).

Is it cheaper to live in Seattle or California?

You would need around 6,368.98$ in Los Angeles, CA to maintain the same standard of life that you can have with 6,500.00$ in Seattle, WA (assuming you rent in both cities)….Cost of Living Comparison Between Seattle, WA and Los Angeles, CA.RestaurantsSeattle, WA EditLos Angeles, CA EditOne-way Ticket (Local Transport)2.75$1.75$Monthly Pass (Regular Price)99.00$100.00$66 more rows

Is Seattle cost of living high?

Seattle, Washington’s cost of living is 49% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

Is 100k a good salary in Seattle?

$100K is perfectly fine in Seattle. It’s not huge but for a single guy, even a family, $100K would be average and comparable for tech salaries.

Is Seattle expensive to live?

Cost of living study ranks Seattle as fifth most expensive U.S. city to live in. A study looking at the cost of living in 257 cities across the United States has ranked Seattle as the fifth most expensive place to live in the country.

What is 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.