Cost of Living in Bellevue, Washington
In Bellevue, the median household income is $165,576 and the median gross rent is $2,572/mo, with a median home value of $1,340,300. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $165,576
- Median gross rent
- $2,572/mo
- Median home value
- $1,340,300
- Population
- 151,847
How Bellevue compares to the Washington average
| Measure | Bellevue, WA | Washington statewide | Difference |
|---|---|---|---|
| Median household income | $165,576 | $98,141 | +68.7% |
| Median gross rent (monthly) | $2,572 | $1,760 | +46.1% |
| Median home value | $1,340,300 | $564,600 | +137.4% |
Statewide, Washington prices average 107.0 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Bellevue
- Salary needed for median rent
- $102,880
- Rent burden at median income
- 18.6%
- Est. affordable home price
- $604,010
So that $2,572/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Bellevue is $1,340,300 — +121.9% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Washington cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.