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Cost of Living in Bellevue, WA

Population 151,847 · Census ACS 2020–2024 5-year estimates

Median rent$2,572
Median home value$1,340,300
Median household income$165,576

The median rent in Bellevue, WA is $2,572/month, 46% higher than the Washington median and 82% higher than the U.S. median. The median home value is $1,340,300, 303% higher than the national median. Households earn a median of $165,576 a year, 69% higher than the state median.

Affordability

Rent as a share of median income: 18.6%
Income needed for median rent (30% rule): $102,880/yr
Home price-to-income ratio: 8.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $6,777/mo

Run your own numbers: mortgage calculator · hourly to salary

Bellevue vs. Washington vs. U.S.

BellevueWashingtonU.S.
Median rent$2,572$1,760$1,413
Median home value$1,340,300$564,600$332,700
Median household income$165,576$98,141$80,734
Homeownership rate52.0%63.8%65.2%
Bachelor's degree or higher72.1%39.6%35.7%
Poverty rate7.2%9.9%12.5%
Unemployment rate4.2%5.1%5.2%
Work from home35.6%19.8%15.1%
Median age38.538.338.9

FAQ

What is the average rent in Bellevue, WA?

The median gross rent in Bellevue, WA is $2,572 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bellevue, WA?

Using the common 30% rule, renting a median-priced home takes about $102,880 a year in gross income.

Is Bellevue, WA expensive to live in?

Rent there is 82% higher than the U.S. median, and the median home costs about 8.1 times the median household income.

Other cities in Washington

Seattle, WARent $2,030 · Income $123,860Spokane, WARent $1,215 · Income $70,064Tacoma, WARent $1,676 · Income $85,884Vancouver, WARent $1,702 · Income $81,338Kent, WARent $1,909 · Income $92,302Everett, WARent $1,740 · Income $83,512

Cities with a similar cost of living

El Dorado Hills, CARent $2,552 · Income $165,349Harrison, NYRent $2,616 · Income $164,250Morgan Hill, CARent $2,474 · Income $163,920Highlands Ranch, CORent $2,531 · Income $159,307West Springfield, VARent $2,455 · Income $163,115Commack, NYRent $2,665 · Income $169,792

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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