Cost of Living in Renton, WA

Population 105,279 · Washington · Data vintage 2023

183
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Renton run well above the national baseline, with a median of $631,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $96,626 place the city among the better-paid Washington metros.

Cost Overview

Housing 207
Rent 146

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

About the Cost of Living in Renton

The median home value in Renton is $631,400 — 107% above the national median of $305,000. Median rent runs $1,923/month, 46% higher than the national median of $1,314/month. The median household income of $96,626/year is 30% higher than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 61.4°F and lows of 45.9°F. Overall, Renton has a cost of living index of 183 versus the US average of 100, meaning it is 83% more expensive.

🏠 Housing

Median Home Value
$631,400
107% above avg
Zillow Home Value
$750,897
Zillow ZHVI
Median Rent
$1,923/mo
46% above avg
Zillow Rent
$2,169/mo
Zillow ZORI
Price-to-Rent Ratio
27.4x
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 54.9%
Renter-occupied 45.1%

💰 Estimated Monthly Budget

Rent median rent
$1,923
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,537/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
32.9 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.0%

Commute Mode

Drove alone
63.0%
Carpooled
9.5%
Public transit
4.0%
Walked
1.7%
Bicycle
0.2%
Work from home
20.0%

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
$96,626
30% above avg
Per Capita Income
$50,116
Unemployment Rate
4.5%
7% below avg
Poverty Rate
7.8%
Labor Force Participation
70.4%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 13.6%

👥 Demographics

Median Age 36.5
Male median age 36.3
Female median age 36.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.4°F
Avg Low
45.9°F
Annual Precip
34.7"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485055606671777872615247
Low °F 373740434954585753464037
Precip" 4.933.213.742.831.861.470.600.891.533.495.614.53

💨 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

77%
4-Year Graduation Rate
18.7:1
Student-teacher ratio
29
Public schools
16,189
Total enrollment

Frequently Asked Questions

What is the cost of living in Renton, WA?

Renton has a cost index of 183 (100 = national average). It is 83% above the national average.

What is average rent in Renton, WA?

The median gross rent in Renton is $1,923 per month based on 2023 Census data.

What is the average home price in Renton?

The median home value in Renton is $631,400 according to Zillow and Census data.

What is the median income in Renton?

The median household income in Renton is $96,626 per year (2023 ACS 5-year estimates).

What is the sales tax in Renton, WA?

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

Is Renton, WA affordable?

Renton is above average in cost of living, with an index of 183 — about 83% higher than the national average.

What is the weather like in Renton?

Renton has average high temperatures of 61.4°F and average lows of 45.9°F. Annual precipitation is 34.7". Data from NOAA 1991–2020 Climate Normals.

Renton at a Glance

Population
105,279
Median Income
$96,626
Home Value
$631,400
Median Rent
$1,923/mo
Unemployment
4.5%
Avg High Temp
61.4°F
Sales Tax
9.2%
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Explore county-level cost of living data

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