Cost of Living in Mountlake Terrace, WA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

174.8

100 = national avg

+74.8 vs national average

Living Wage (1 Adult)

$76,906

per year

Living Wage (Family of 4)

$181,778

per year

Cost Index by Category

Housing
247.4
Food
127.5
Transportation
126.9
Healthcare
122.0
Utilities
146.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,146

per month

2 Bedroom

$2,501

per month

The overall cost of living index in Mountlake Terrace is 174.8, which is 74.8% above the national average. Housing costs are above the national average at an index of 247.4. A single adult needs to earn approximately $76,906 per year to cover basic expenses.