California has an unemployment rate of 9.3%, while in Washington it is 6.0%. The cost of living is also cheaper. Los Angeles is 13.9% more expensive than Washington. Housing costs in Los Angeles are 23.8% more expensive than housing costs in Washington.
Health-related expenditures are 0.9% higher in Los Angeles. There are 7 million people living in Washington State. Compared to California, it's 1% more expensive. No one has lived in Los Angeles for more than 15 years.
The cost of living in Seattle is 6% higher. Three percent of the Los Angeles budget is spent on housing. The cost of housing in Seattle is 5% lower than anywhere else in the country. The cost of health care is four percent of the budget.
There has been a 9% increase in Los Angeles. Cost savings in Washington are mainly due to more affordable housing, healthcare, utilities, and transportation costs. Even in normal times, some people living in Seattle start to feel depressed this time of year. A cost-of-living index allows you to compare what it costs to live in one place with another, revealing how far your money will go in different areas.
However, high taxes, affordable housing costs, and high living costs make the state a very expensive place to live. The study, conducted by personal finance website WalletHub, found that Washington ranks as the third worst state for drivers, mainly due to high gas prices, high rates of car theft, overall poor road quality, traffic congestion and other factors. Although the idea of authorizing an income tax in Washington has been disseminated and presented on the ballot, none of the proposed measures have been approved. The cost of living index in Washington is 118.7, meaning that living in Washington is almost 19% more expensive than the national average (100).
There are some significant differences between Washington taxes and California taxes, which are described in detail below. So, in a place with a LOC of 85, that means that living there costs 15% less than the national average (85-100% 3D-1). In Washington State, it is currently a seller's market and most buy houses in rural communities such as Gold Bar, Snohomish, Sultan and Carnation. Washington's effective property tax rates, that is, property taxes as a percentage of total home value, are generally around 1%.
In addition, Washington's unemployment rate is only 0.1% higher than the national average of 6.0%. Aside from median house prices, let's take a look at how the cost of living compared to Washington has a higher overall crime rate than most other states, according to FBI reports of both property and violent crimes. California continues to face an affordable housing crisis, and like Washington State, many are leaving metropolitan areas in search of cheaper housing in rural locations across the state. Although prices continue to rise in small cities, you get more bang for your money than shopping in Seattle and other metropolitan areas of Washington state.