Cost of Living in Lake Tapps, WA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
220.6
100 = national avg
+120.6 vs national average
Living Wage (1 Adult)
$97,076
per year
Living Wage (Family of 4)
$229,452
per year
Cost Index by Category
Housing279.2
Food161.0
Transportation222.0
Healthcare148.8
Utilities172.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,605
per month
2 Bedroom
$1,971
per month
The overall cost of living index in Lake Tapps is 220.6, which is 120.6% above the national average. Housing costs are above the national average at an index of 279.2. A single adult needs to earn approximately $97,076 per year to cover basic expenses.