Cost of Living in Federal Way, WA

Population 99,232 · Washington · Data vintage 2023

151
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

One of the defining characteristics of Federal Way is a long average commute — 36 minutes one way, compared to a national median of 27. The city's housing pricing is difficult to evaluate without factoring in that daily time cost.

Geographically, Federal Way sits roughly 7 miles northeast of Tacoma. Median home values run roughly 10% higher than Tacoma's $455,000.

Cost Overview

Housing 164
Rent 132

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Federal Way

The median home value in Federal Way is $499,600 — 64% above the national median of $305,000. Median rent runs $1,738/month, 32% higher than the national median of $1,314/month. The median household income of $82,144/year is 10% higher than the US median of $74,580. The local unemployment rate is 5.9%, above the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 61.3°F and lows of 46.1°F, with about 6.3" of annual snowfall. Overall, Federal Way has a cost of living index of 151 versus the US average of 100, meaning it is 51% more expensive.

🏠 Housing

Median Home Value
$499,600
64% above avg
Zillow Home Value
$591,074
Zillow ZHVI
Median Rent
$1,738/mo
32% above avg
Zillow Rent
$1,871/mo
Zillow ZORI
Price-to-Rent Ratio
24.0x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$963
1 BR
$1,018
2 BR
$1,317
3 BR
$1,845
4 BR
$2,071
Owner-occupied 55.7%
Renter-occupied 44.3%

💰 Estimated Monthly Budget

Rent median rent
$1,738
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,352/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
35.5 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
68.0%
Carpooled
11.3%
Public transit
5.2%
Walked
1.5%
Bicycle
0.1%
Work from home
12.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.2%
State rate 6.5%
Avg local rate 2.7%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$82,144
10% above avg
Per Capita Income
$39,547
Unemployment Rate
5.9%
22% above avg
Poverty Rate
12.7%
Labor Force Participation
65.4%

🎓 Education

Bachelor's degree+ 21.1%
Graduate degree 10.0%

👥 Demographics

Median Age 37.6
Male median age 36.7
Female median age 38.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.3°F
Avg Low
46.1°F
Annual Precip
39.3"
Annual Snowfall
6.3"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485054596671777872615247
Low °F 383840434953575754474137
Precip" 5.783.764.173.181.881.450.600.971.613.916.315.72
Snow" 1.82.20.40.00.00.00.00.00.00.00.21.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
58.6%
Good air days/yr
165
Max AQI recorded
273
PM2.5 days
86
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
18.2:1
Student-teacher ratio
46
Public schools
23,289
Total enrollment

Frequently Asked Questions

What is the cost of living in Federal Way, WA?

Federal Way has a cost index of 151 (100 = national average). It is 51% above the national average.

What is average rent in Federal Way, WA?

The median gross rent in Federal Way is $1,738 per month based on 2023 Census data.

What is the average home price in Federal Way?

The median home value in Federal Way is $499,600 according to Zillow and Census data.

What is the median income in Federal Way?

The median household income in Federal Way is $82,144 per year (2023 ACS 5-year estimates).

What is the sales tax in Federal Way, WA?

The combined state and local sales tax rate in Federal Way is 9.2%. Washington has no state income tax.

Is Federal Way, WA affordable?

Federal Way is above average in cost of living, with an index of 151 — about 51% higher than the national average.

What is the weather like in Federal Way?

Federal Way has average high temperatures of 61.3°F and average lows of 46.1°F. Annual precipitation is 39.3". Average annual snowfall is 6.3". Data from NOAA 1991–2020 Climate Normals.

Federal Way at a Glance

Population
99,232
Median Income
$82,144
Home Value
$499,600
Median Rent
$1,738/mo
Unemployment
5.9%
Avg High Temp
61.3°F
Sales Tax
9.2%
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🗺️ County data for Washington

Explore county-level cost of living data

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