Everett, WA vs Federal Way, WA

Everett, WA and Federal Way, WA have a very similar cost of living, with only a 0.6% difference in their overall index. Everett scores 134 while Federal Way scores 133 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Everett is $1,675/month compared to $1,738/month in Federal Way — a 4% difference. Interestingly, home values tell a different story: while Everett has cheaper rent, Federal Way actually has lower median home values ($499,600 vs $532,300).

Median household income in Everett is $81,502 compared to $82,144 in Federal Way (-0.8%). Federal Way offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Everett spend roughly 24.7% of their income on rent, less than the 25.4% in Federal Way.

Climate-wise, both cities share similar average temperatures (51.4°F vs 53.7°F). Federal Way receives more rainfall at 39.3" per year compared to 33.4" in Everett.