Savings rate in Seattle — are you on track?
Seattle is a very high cost city. Seattle median rent hit $2,200 in 2023; proximity to major tech employers drives sustained housing demand. Seattle workers benefit from Washington state's lack of income tax, improving effective savings rates vs. gross income benchmarks.
Median rent
$2,200/mo
Seattle 2023
Typical other costs
$2,000/mo
excl. housing
Savings benchmark
7–20%
mid-income USD
Pre-set for Seattle — adjust to your situation
What a good savings rate looks like in Seattle
Using data from BLS Consumer Expenditure Survey 2023, people at mid-range incomes in United States typically save between 7–20% of gross income. In a very high cost city like Seattle, housing costs can compress that meaningfully — especially for renters.
Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.
Compare nearby cities
Also in the Verdict suite