The Cost of Living in Tacoma: A Detailed Guide

The Cost of Living in Tacoma: A Detailed Guide

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If you’re considering moving to Tacoma, Washington, one of the most important factors to consider is the cost of living. Tacoma is a vibrant city with a lot to offer, but it’s important to understand the expenses associated with living there. In this article, we’ll provide a detailed guide to the cost of living in Tacoma, including housing, transportation, food, and more.

The Cost of Housing in Tacoma

One of the biggest expenses associated with living in Tacoma is housing. According to Zillow, the median home value in Tacoma is $347,000, which is slightly higher than the national median of $295,000. However, the cost of housing in Tacoma is still more affordable than many other major cities in the United States.

If you’re looking to rent in Tacoma, you can expect to pay around $1,500 per month for a one-bedroom apartment in the city center. If you’re willing to live outside of the city center, you can find more affordable options for around $1,200 per month.

The Cost of Transportation in Tacoma

Another important factor to consider when calculating the cost of living in Tacoma is transportation. If you own a car, you’ll need to factor in the cost of gas, insurance, and maintenance. According to GasBuddy, the average price of gas in Tacoma is currently around $3.50 per gallon.

If you prefer to use public transportation, Tacoma has a number of options available. The Pierce Transit bus system serves the city and surrounding areas, with fares starting at $2.75 for a one-way trip. Additionally, Tacoma has a light rail system called the Tacoma Link, which is free to ride and serves several key destinations in the city.

The Cost of Food and Groceries in Tacoma

When it comes to food and groceries, Tacoma is fairly affordable compared to other major cities. According to Numbeo, the cost of a meal at an inexpensive restaurant in Tacoma is around $15, while a three-course meal for two at a mid-range restaurant will cost around $60.

If you prefer to cook at home, you can expect to pay around $50 per week for groceries for one person. This will vary depending on your dietary preferences and where you shop, but overall, Tacoma is a fairly affordable place to buy groceries.

The Cost of Healthcare in Tacoma

Healthcare is another important expense to consider when calculating the cost of living in Tacoma. According to the Kaiser Family Foundation, the average cost of healthcare in Washington state is slightly higher than the national average. However, Tacoma has a number of high-quality hospitals and medical facilities, which can help keep costs down.

If you have health insurance, you’ll want to research the options available to you in Tacoma to find the best coverage for your needs. If you don’t have insurance, you can expect to pay out of pocket for medical expenses, which can be quite expensive.

FAQs

1. Is Tacoma an expensive place to live?

Compared to other major cities in the United States, Tacoma is fairly affordable. However, the cost of living in Tacoma is higher than the national average, particularly when it comes to housing.

2. How much does it cost to rent an apartment in Tacoma?

The cost of renting an apartment in Tacoma varies depending on the location and size of the apartment. On average, you can expect to pay around $1,500 per month for a one-bedroom apartment in the city center.

3. What is the average cost of groceries in Tacoma?

The cost of groceries in Tacoma varies depending on your dietary preferences and where you shop. On average, you can expect to pay around $50 per week for groceries for one person.

Conclusion

Overall, the cost of living in Tacoma is fairly affordable compared to other major cities in the United States. While housing can be expensive, other expenses like transportation and food are fairly reasonable. If you’re considering moving to Tacoma, it’s important to research the cost of living in detail to ensure that it’s a good fit for your budget and lifestyle.

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.