As Seattle Remains a Popular Place to Live, the Cost of Living Rises

July 31, 2015

Seattle, the fastest-growing U.S. city since 2010, is 24 percent more expensive than the typical American city.

Business Insider found that a person earning an annual income of $50,000 elsewhere would need to make $62,000 to maintain the same standard of living in Seattle.

Total house prices in the city have risen 19 percent since 2010, and the average rent there can typically be one and a half times the national average. Seattle’s sales tax of 9.5 percent is one of the highest rates in the country.

Read more