Washington · Census, HUD and BEA figures · Updated

Cost of Living in King County, WA

Prices around King County, WA run 11.1% above the U.S. average (BEA, the metro area). The typical household there earns $124,746 a year, and HUD puts a two-bedroom at $2,501 a month. Keeping that rent under 30% of income takes about $100,040 a year.

King County, WA at a glance

Median household income

$124,746$10,396 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$2,501HUD FY2026 Fair Market Rent
Price level (U.S. = 100)111.1+11.1% · BEA, the metro area
Electricity14.9¢per kWh · EIA Residential WA
Population2,287,171Census ACS 5-year estimate

How much rent can you afford in King County, WA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$2,501Monthly market rent
Share of gross income24.1%Recommended max: 30%
Annual income needed$100,040To meet the 30% standard
Max affordable rent$3,119At 30% of $124,746
0%30% (Affordability standard)100%
Compare against:

How much is rent in King County, WA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Seattle-Bellevue, WA HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in King County, WA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$2,074$24,888$82,96020%
1-Bedroom Apartment$2,146$25,752$85,84020.6%
2-Bedroom ApartmentBenchmark$2,501$30,012$100,04024.1%
3-Bedroom Home$3,272$39,264$130,88031.5%
4-Bedroom Home$3,847$46,164$153,88037%

Rent in King County, WA, with the wage each unit needs →

What a typical income covers in King County, WA

The 50/30/20 rule applied to the local median of $124,746 a year ($10,396 a month before tax).

Needs (50%)$5,198/moRent ($2,501 2-BR), utilities (~$134/mo), groceries, transit
Wants (30%)$3,119/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$2,079/moEmergency fund, retirement, paying down loans

What $124,746 leaves after Washington taxes

Federal income tax, Social Security, Medicare and Washington tax on the local median income. Change the salary to see yours.

$124,746
$45,000$250,000
Filing status:
Gross salary breakdown$124,746
Net 77%
Fed 15%
FICA 8%
Annual take-home$96,530After all taxes
Monthly deposit$8,044Estimated per month
Biweekly paycheck$3,713Every 2 weeks (26/yr)
Effective tax rate22.6%Total tax burden
Federal income tax$18,673 / yr
Washington state income taxNo state wage tax$0
FICA (Social Security & Medicare)$9,543 / yr

Living in King County, WA: common questions

What is the median household income in King County, WA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in King County, WA is $124,746 per year (approximately $10,396 per month).

What is the average rent in King County, WA?

The closest official figure is HUD's Fair Market Rent for 2026: $2,074 for a studio, $2,146 for one bedroom, $2,501 for two, $3,272 for three and $3,847 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is King County, WA expensive to live in?

Prices there run 11.1% above the U.S. average. BEA's regional price parity for the metro area is 111.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in King County, WA?

To keep a $2,501 two-bedroom under 30% of gross income, a household needs about $100,040 a year, or $8,337 a month. That is 80% of what the typical household in King County, WA earns.

How much do you need to live comfortably in King County, WA?

On the local median income of $124,746 ($10,396 a month before tax), the 50/30/20 rule leaves $5,198 a month for needs like rent, utilities and groceries, $3,119 for everything else and $2,079 for savings or debt. A two-bedroom at $2,501 takes 48% of the needs share.

How much is the electric bill in King County, WA?

Homes in Washington paid 14.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $134. Your bill depends mostly on heating and cooling.