Cost of living answer

Cost of Living in Fairwood CDP (King County), WA

Cost of Living in Fairwood CDP (King County), WA has an overall index of 148, 48% above the U.S. baseline of 100. The typical home value is $658,000; typical monthly rent is $2,152; and median household income is $119,013.

Cost index: committed city housing/rent inputs and BEA 2024 state nonmetro price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.

Cost vs U.S.48% aboveOverall modeled index 148
Typical rent$2,152/moCensus ACS
Typical home value$658,000Census ACS
Median household income$119,013Census ACS place estimate
Market PressureHigh

Home prices are the main source of pressure. This describes the local market, not your household.

Rent pressure
22%
Typical annual rent divided by local median household income.
Buy pressure
5.5x
Typical home value divided by local median household income.
Your Household Fit

Can your household carry the housing cost?

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Your household inputs
Are you renting or buying?
Advanced assumptions
Initial rent input: $2,152 from ACS. Edit it to match the housing option you are considering.
Mortgage benchmark: 6.11% 30-year fixed, Freddie Mac Primary Mortgage Market Survey via FRED, as of 2026-03-12. Not a lender quote or approval.
Property-tax input: State-level effective owner-occupied property-tax proxy Not a parcel or individual tax-bill estimate.

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Your Household FitNot calculated yet

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City details

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Overall cost index148100 = U.S. baseline
Goods964% below baseline
Services982% below baseline
Utilities8812% below baseline
Frequently asked questions about Fairwood CDP (King County)

Living in Fairwood CDP (King County)

Is Fairwood CDP (King County), WA an expensive place to live?+

Yes — Fairwood CDP (King County) is about 48% more expensive than the national average, with an overall Cost Index of 148. Housing is the biggest factor: the typical home here is valued around $658,000, and monthly rents average roughly $2,152. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

How does Fairwood CDP (King County) fit a household housing budget?+

Start with housing. Typical monthly rent is $2,152, while local median household income is $119,013. That implies a rent-burden proxy of about 22% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.

How much are taxes in Fairwood CDP (King County), WA?+

This model applies no broad Washington wage-income tax. Applying the 0.98% state-level effective owner-occupied proxy to a home worth $658,000 gives a planning estimate near $6,448 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 9.23%.

How much does it cost to rent in Fairwood CDP (King County), WA?+

The typical monthly rent in Fairwood CDP (King County) is around $2,152. That's about 60% higher than the $1,348 national median. For comparison, the median home value here is $658,000, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Fairwood CDP (King County), WA?+

The typical home value in Fairwood CDP (King County) is $658,000. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $3,193/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 76% of residents here own their homes.

Are groceries and utilities expensive in Fairwood CDP (King County)?+

Grocery prices in Fairwood CDP (King County) are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Fairwood CDP (King County), WA like to live in?+

Fairwood CDP (King County) is a small town with a population of about 18,437. The median age of residents is 38.5, which is close to the national median. The local poverty rate is 9.41%, near the national average of 12.4%.