The Cost of Living in Everett: A Detailed Analysis
Everett: A Detailed Analysis" />
Introduction
Everett, Washington, is a city located in Snohomish County, just north of Seattle. It is a popular destination for real estate investors, homeowners, and first-time home buyers due to its proximity to Seattle and its growing economy. However, before making any real estate decisions, it is important to understand the cost of living in Everett. In this article, we will provide a detailed analysis of the cost of living in Everett, including housing, transportation, food, and other expenses.
Housing
Housing is the biggest expense for most people, and Everett is no exception. The median home price in Everett is $425,000, which is slightly lower than the median home price in Seattle. However, the cost of renting in Everett is higher than the national average. The average rent for a one-bedroom apartment in Everett is $1,400 per month, while a two-bedroom apartment costs around $1,800 per month.
Transportation
Transportation costs in Everett are relatively low compared to other cities in the United States. The average cost of a gallon of gas in Everett is $3.50, which is slightly higher than the national average. However, the city has a well-developed public transportation system, including buses and trains, which makes it easy to get around without a car. The average cost of a monthly bus pass in Everett is $90.
Food
The cost of food in Everett is similar to the national average. A meal at an inexpensive restaurant costs around $15, while a three-course meal for two at a mid-range restaurant costs around $70. Groceries are also reasonably priced, with a gallon of milk costing around $3 and a loaf of bread costing around $2.
Other Expenses
Other expenses, such as healthcare, utilities, and entertainment, are also reasonably priced in Everett. The average cost of a doctor’s visit is $120, while the average cost of a monthly gym membership is $40. Utilities, including electricity, water, and gas, cost around $150 per month for a 915 square foot apartment.
FAQs
1. Is Everett an expensive place to live?
Compared to other cities in the United States, Everett is relatively affordable. Housing costs are slightly lower than the national average, while transportation and food costs are similar to the national average.
2. How much does it cost to rent an apartment in Everett?
The average rent for a one-bedroom apartment in Everett is $1,400 per month, while a two-bedroom apartment costs around $1,800 per month.
3. What is the average cost of a doctor’s visit in Everett?
The average cost of a doctor’s visit in Everett is $120.
Conclusion
In conclusion, the cost of living in Everett is relatively affordable compared to other cities in the United States. Housing costs are slightly lower than the national average, while transportation and food costs are similar to the national average. Other expenses, such as healthcare, utilities, and entertainment, are also reasonably priced. If you are considering investing in real estate or buying a home in Everett, it is important to understand the cost of living to make an informed decision.
