Is Seattle As Expensive As California?
/Seattle and California are both expensive places to live, but which is more expensive? Both places have financial drawbacks, from rising housing prices and increased demand for services to high consumer costs. But an analysis of expenses like housing, transportation, taxes and everyday needs is a better guide to how they stack up against each other.
Housing Prices In Seattle Compared To The Expensive Real Estate Market In California’s Most Popular Cities
One of the largest expenses residents pay in both Seattle and California are housing costs. For each of Washington's major cities, home values and rising prices have dramatically affected the geography of popular rent-seeking areas, which include such major regions as Capitol Hill and Queen Anne in Seattle. But major urban centers, including San Francisco and Los Angeles in California, frequently experience even higher real estate prices. The median home value in Seattle is lower than in San Francisco, but on par with a city like San Diego and a city like Oakland. While renting is a little more affordable in Seattle than it is in the most expensive parts of California, it is still far above the national average.
Transportation is another field that plays a role in the cost of living in these regions. In Seattle, many commuters use public transit, including buses, light rail, and bicycles. The city has a more or less efficient public transportation system that could save residents quite a bit of the cost of commuting. In contrast, California is far more car-dependent, especially Los Angeles, where heavy traffic and long commutes are the norm. California has some of the highest gas prices in the nation, which contributes to its overall high cost of living. Seattle’s gas prices are also high, but below California’s statewide average.
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State Taxes And How They Impact The Overall Cost Of Living In Seattle And California
Taxes also heavily influence affordability, and that’s where Seattle has an edge. There is no personal income tax in Washington State, so you can ditch making a less than sizable chunk of your income to state taxes like your fellow state dwellers in California, one of the states with the the highest state income tax rates in the country. Seattle does have a high sales tax, however, and property taxes can also be high, particularly in desirable neighborhoods. California’s income tax can be a significant financial drain, especially for those paying high rates, and makes Seattle an appealing alternative for those wishing to avoid that extra expenditure.
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Grocery And Dining Costs In Seattle Compared To California’s Expensive Food Markets
Seattle and California also have a lot in common when it comes to groceries and going out to eat. The cost of groceries in Seattle is above the national average, and organic and specialty foods can be particularly pricey. California and cities like San Francisco and Los Angeles also rank in the higher end for grocery prices, though higher prices may also be offset by more locally sourced produce in the state’s agricultural region. Eating out in both places can be pricey, too, as restaurant prices in Seattle are on par with those in California’s metropolitan cities.
Utility And Healthcare Expenses In Seattle Compared To California’s Varied Climate And Medical Costs
Seattle utilities are expensive in part because its colder, wetter climate means higher heating bills in the winter. California, by contrast, has more diverse climates but the cost of air conditioning can blow up utility bills in hotter regions. Healthcare is another major cost, and medical expenses are high in Seattle as well as in California. Residents have access to quality healthcare in both areas, but premiums, copays, and out-of-pocket costs are high.
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Comparing Lifestyle Costs And Overall Affordability Between Seattle And California’s Expensive Cities
Whether Seattle and California are more affordable depends on price per individual income. Seattle does have some cost advantages: There is no state income tax and housing costs are slightly cheaper than California’s most expensive cities. But for anyone considering overall costs, both sites present financial problems. With food, transport and entertainment an expensive part of everyday life in both cities, managing costs is critical for anyone considering making the move.
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