Rent is lower than in 56% of U.S. cities. A typical house costs about 4.9 years of household income. Most homes (92.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $61,280 a year. That is $29 an hour at a full-time job.
Is rent cheaper than other Washington cities?
Yes. Rent here is cheaper than in most of Washington. It is number 28 of 192 cities from cheapest to most expensive.
How much do households earn in Mead?
Share of households by yearly income. 29.9% of households earn $100,000 or more.
Rent by apartment size in Mead
| Size | Mead | U.S. average |
|---|---|---|
| 2 bedrooms | $965 | $1,509 |
| 3 bedrooms | $1,567 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mead 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 Mead, so the Washington figure is shown.
Taxes and bills in Mead
Life in Mead
Is it cheaper to rent or buy in Mead?
Renting is cheaper right now: about $1,300 a month less.
Owning assumes a typical $408,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,820 for the down payment.
Frequently asked questions
What is the average rent in Mead, WA?
Renting in Mead costs a median of about $1,532 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Mead?
To keep rent under 30% of income, you need about $61,280 a year, or $29 an hour at a full-time job.
Is Mead cheap or expensive?
Mead is rated OK: rent takes 22.1% of the typical household income of $83,093. It ranks 28th cheapest of 192 Washington cities we track.
How much are property taxes in Mead?
The median homeowner in Mead pays $3,508 a year in property taxes, about 0.86% of the median home value.
Is Mead 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 Mead?
The median home value in Mead is $408,200, about 4.9 times the typical yearly household income.
6,893 people live in Mead. Numbers are typical (middle) values.