Federal Way, WA vs Parkland, WA

Parkland is moderately more affordable than Federal Way, with a 11.7% lower cost of living index. Federal Way scores 133 compared to 119 for Parkland, where the US average is 100. This difference means residents of Federal Way can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Federal Way is $1,738/month compared to $1,593/month in Parkland — a 9% difference. Home values follow the same pattern: Parkland is more affordable at $382,700 median vs $499,600.

Median household income in Federal Way is $82,144 compared to $71,829 in Parkland (+14.4%). While Federal Way is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Federal Way spend roughly 25.4% of their income on rent, less than the 26.6% in Parkland.

Climate-wise, both cities share similar average temperatures (53.7°F vs 51.9°F). Parkland receives more rainfall at 42" per year compared to 39.3" in Federal Way.