salaryRent here is among the highest 10% in the country. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 5.4 years of household income. Most homes (91.1%) are owned, so rentals can be hard to find. It is a highly educated city: 67.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $116,200 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 180 of 192 cities from cheapest to most expensive.
How much do households earn in Cottage Lake?
Share of households by yearly income. 72.8% of households earn $100,000 or more.
Rent by apartment size in Cottage Lake
| Size | Cottage Lake | U.S. average |
|---|---|---|
| 3 bedrooms | $2,834 | $1,698 |
| 4 bedrooms | $3,031 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cottage Lake overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cottage Lake, so the Washington figure is shown.
Taxes and bills in Cottage Lake
Life in Cottage Lake
Is it cheaper to rent or buy in Cottage Lake?
Renting is cheaper right now: about $5,634 a month less.
Owning assumes a typical $1,230,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $123,070 for the down payment.
Frequently asked questions
What is the average rent in Cottage Lake, WA?
Renting in Cottage Lake costs a median of about $2,905 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Cottage Lake?
To keep rent under 30% of income, you need about $116,200 a year, or $56 an hour at a full-time job.
Is Cottage Lake cheap or expensive?
Cottage Lake is rated Cheap: rent takes 15.2% of the typical household income of $229,835. It ranks 180th cheapest of 192 Washington cities we track.
How much are property taxes in Cottage Lake?
The median homeowner in Cottage Lake pays $10,000+ a year in property taxes, about 0.81% of the median home value.
Is Cottage Lake more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cottage Lake?
The median home value in Cottage Lake is $1,230,700, about 5.4 times the typical yearly household income.
22,518 people live in Cottage Lake. Numbers are typical (middle) values.