F
104%
Overall NAT. AVG.
20%
Goods & Services NAT. AVG.
303%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Bellevue Washington National
Cost of living204118100
Goods & Services120111100
Groceries116110100
Health care138120100
Housing403135100
Transportation128123100
Utilities10292100

An Overview of Cost of Living in Bellevue, WA

Understanding the cost of living in Bellevue can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Bellevue cost of living index is 204, which is 104% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in Bellevue is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Bellevue falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs significantly influence the Bellevue cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 302.9%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

Recurring goods and services expenses like haircuts, toothpaste, gym memberships and movie nights are a big part of your spending and make up 33% of the cost of living index. In Bellevue, these items will cost you 19.5% more than what most folks pay, making it a bit more expensive to live here.

The cost of groceries continues to rise at an alarming rate. Over the last two years, grocery prices have increased by more than 10%! Unfortunately, in Bellevue, the news isn't any better as grocery prices are 16.3% higher than the national average.

What Do Locals Say About the Cost of Living in Bellevue?

When it comes to knowing a city, its residents are the experts. We conducted a survey with 21 locals to understand their opinions on the cost of living in Bellevue. The results indicated that 14% found it reasonably priced with decreasing prices of goods and services, while 86% viewed it as quite expensive, with increasing prices.

Is Bellevue Affordable?

Is Bellevue an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Bellevue is 380.6% higher than the national average, while the average monthly rent prices are 121.7% higher than average. The affordability of any location can also be influenced by median income levels. Bellevue has a median household income of $129,497, which is 134.1% higher than the national average.

What Factors can Influence the Cost of Living in Bellevue?

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Bellevue, healthcare costs are 37.6% higher than the national average.

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Bellevue, the groceries index is 16.3% higher than the national average.

Where is the Data From?

The Bellevue cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Bellevue is 73% higher than the Washington average
  • The cost of living in Bellevue is 104% higher than the national average
  • Bellevue housing is 303% higher than the national average
  • Washington general sales tax is 27% higher than the national average
  • Washington state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Bellevue

See all the best places to live around Bellevue

Compare Bellevue, WA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$157,876$13,156$3,684$4,737
      Renters$106,900$8,908$2,494$3,207
      The affordability of the housing market in Bellevue, WA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bellevue homeowners, the median income is $157,876. This indicates that a monthly maximum of $3,684 should be spent by homeowners on all housing related costs. Renters have a median income of $106,900. This indicates that renters would have a maximum of $2,494 for their rent related monthly costs.

      Washington Sales Tax

      State General Sales Tax With Max Surtax
      Washington 6.5% 10.4%

      Washington Income Tax

      State Income Tax (Low) Income Tax (High)
      Washington 0% 0%

      Goods & Services

      Item Bellevue National avg. Difference
      Haircut $50.20$24.26106.9%
      Beauty Salon $72.25$45.5658.6%
      Toothpaste $3.96$3.706.9%
      Shampoo $1.40$1.289.5%
      Movie $16.37$12.1334.9%
      Bowling $21.59$18.0019.9%

      Groceries

      Item Bellevue National avg. Difference
      Ground Beef $5.54$5.845.1%
      Fried Chicken $2.55$1.5762.0%
      Milk $5.10$4.679.2%
      Potatoes $4.49$4.938.9%
      Pizza $14.40$12.0919.2%
      Beer $12.14$10.4116.6%

      Health Care

      Item Bellevue National avg. Difference
      Optometrist $198.49$125.6857.9%
      Doctor $236.25$135.7874.0%
      Dentist $149.39$113.2931.9%
      Ibuprofen $12.47$10.6517.0%
      Lipitor $446.40$468.604.7%

      Housing

      Item Bellevue National avg. Difference
      Home Price $887,700.00$184,700.00380.6%
      Avg. Mortgage Payment $4,924.20$2,346.69109.8%
      Apartment Rent $2,104.00$949.00121.7%

      Transportation

      Item Bellevue National avg. Difference
      Gasoline $4.66$3.4634.8%
      Tire Balancing $67.20$59.9212.1%

      Utilities

      Item Bellevue National avg. Difference
      All Electricity $193.41$193.990.3%
      Phone $202.97$192.255.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Fairwood CDP (Spokane County), WA8,05511413.7%
      Tukwila, WA20,26512827.8%
      Indianola, WA3,56413433.8%
      SeaTac, WA29,10213130.5%
      Boulevard Park, WA4,19713939.3%
      Bellevue, WA146,145204104.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kelowna, BC145,612n/a 
      Savannah, GA145,492973.0%
      Paterson, NJ145,48411515.3%
      Saguenay, QC145,134n/a 
      Bridgeport, CT145,0141098.9%
      Bellevue, WA146,145204104.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.