Cost of Living in Bainbridge island, WA
Housing
The housing market plays a significant role in determining the cost of living in Bainbridge island, WA.
- Housing Index: 121.1 / 100
- Median Home Price is: $1,047,600
- Average Rent (2 BR Apartment): $3300 per month
- Average Rent (2 BR House): $3587 per month
When considering a move to Bainbridge island, WA, it's important to note that the housing index stands at 121.1, indicating a higher cost of living compared to the national average. The median home price of 1047600 reflects a competitive housing market, making home ownership a significant investment. Renting is also quite costly, with average rents at 3300 for an apartment and 3587 for a house. These factors suggest that potential residents should carefully evaluate their budget and long-term financial plans before relocating to this vibrant area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bainbridge island, WA.
- Electricity Price: $12.34 USD (median by state)
- Natural Gas Price: $18.14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $251 per month
Living in Bainbridge island, WA could entail higher utility costs. Electricity costs sit at $12.34, while natural gas is priced at $18.14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $251 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bainbridge island is a financially viable option for your relocation.