Leavenworth, Washington, presents higher than average housing costs compared to the national average, though its specific cost of living index for housing positions it as comparable to an average U.S. city.
Understanding Leavenworth's Housing Costs
When assessing how expensive a city is, housing typically serves as a primary indicator. Leavenworth's real estate market reflects a premium, which significantly influences its overall cost of living.
Here's a breakdown of key housing statistics:
Metric | Value |
---|---|
Median Home Price | $1,050,000 |
Median Price/SqFt | $431 |
The cost of living index specifically for housing in Leavenworth is estimated to be 110.6% of the national average. This indicates that housing expenses are notably above the baseline for the United States. However, based on this specific index, Leavenworth is categorized as being an average U.S. city in terms of its housing cost profile. This suggests that while individual home prices are high, its overall indexed cost structure aligns with what is considered average when accounting for various factors within such a calculation.