Edmonds is considered moderately expensive in 2025, with average rent for a 2-bedroom apartment around $2,400 and slightly higher housing costs compared to the national average.
Housing Costs in Edmonds
Housing is the biggest expense for most Edmonds residents. In 2025, a typical 2-bedroom apartment rents for around $2,300 to $2,500 per month. Prices can be higher in desirable neighborhoods close to the waterfront or with easy access to Seattle. Older units and those further from the town center may rent for slightly less.
Buying a home in Edmonds requires a significant investment. A standard 3-bedroom, 2-bathroom house sells for $850,000 to $1.1 million as of 2025. Again, exact prices depend on the neighborhood, age of the home, and proximity to amenities. Homes with views of Puget Sound command an even higher premium.
Many neighborhoods in Edmonds have active homeowners associations (HOAs). Monthly HOA fees typically fall between $200 and $400. While an added expense, these fees often include exterior maintenance, landscaping, and access to amenities like pools or fitness centers.
Utilities and Energy Bills
Utility costs in Edmonds are slightly higher than the national average. Expect to pay around $150 to $250 per month for electricity, depending on the size of your home and energy usage. Natural gas, used for heating and cooking in some homes, adds another $50 to $80 per month.
Water, sewer, and trash collection are often billed together by the City of Edmonds. For a typical household, these services cost around $100 to $150 monthly. High-speed internet starts at about $60 per month, with prices increasing for faster speeds or bundled packages.
| Utility | Typical Monthly Cost |
|---|---|
| Electricity | $150 – $250 |
| Natural Gas | $50 – $80 |
| Water, Sewer, Trash | $100 – $150 |
| Internet | $60+ |
Groceries and Daily Expenses
Groceries in Edmonds cost about 10% more than the national average. A single person can expect to spend around $400 per month on groceries, while a family of four typically spends $1,100 to $1,300.
Dining out is a popular pastime in Edmonds, but it can add up quickly. A meal at a casual restaurant costs around $15 to $20 per person, while a nicer dinner out for two can easily exceed $100 with drinks, tax, and tip.
Taxes and Hidden Fees
Edmonds residents pay a few key taxes to be aware of. Property tax rates in 2025 are around 0.9% of a home’s assessed value. For a $1 million home, that equates to $9,000 per year or $750 per month.
Sales tax in Edmonds is 10.5%, which applies to most goods and some services. This is higher than the national average but in line with most of the Seattle metro area. Vehicle owners must also pay an annual registration fee, which varies based on the type and value of the car.
Monthly Cost of Living Estimates
| Household | Estimated Monthly Budget (Pre-Tax) |
|---|---|
| Single Adult | $4,000 – $4,500 |
| Couple | $5,500 – $6,500 |
| Family of 4 | $8,000 – $9,000 |
These figures represent gross monthly income needed for a comfortable lifestyle in Edmonds. They include housing, utilities, groceries, dining out, and typical household expenses. Health insurance, childcare, and significant debt payments would be additional. Lower budgets are possible with frugal spending and housing choices.
Lifestyle Considerations
Living in Edmonds, especially on a waterfront property or with a view of the Puget Sound, offers an enviable lifestyle for those who can afford it. However, tradeoffs exist even for those with high incomes.
Edmonds is an older suburb, so many homes are smaller or require updating compared to newer developments. Lot sizes are also relatively compact. For those working in Seattle, the commute can be long, easily exceeding an hour in heavy traffic.
On the plus side, Edmonds has highly rated schools, beautiful parks, a quaint downtown, and a strong community feel. Residents enjoy easy access to outdoor recreation and big city amenities, without Seattle prices. For many, the stunning natural beauty and quality of life are worth the cost.
Frequently Asked Questions
- How much do I need to earn to live comfortably in Edmonds?
A gross income of at least $4,000 per month for a single person or $6,000 for a couple is recommended. Families will need $8,000+ per month. - Is Edmonds more expensive than other Seattle suburbs?
Edmonds is more expensive than suburbs like Lynnwood or Mountlake Terrace but more affordable than Kirkland or Bellevue. - Are utilities expensive in Edmonds?
Utility costs in Edmonds are slightly higher than the national average. Expect to pay $300 to $500 per month for a typical household. - How much is the average rent in Edmonds?
As of 2025, average rent for a 2-bedroom apartment in Edmonds is around $2,400 per month. Prices vary by location and amenities. - What are the most expensive neighborhoods in Edmonds?
Waterfront properties and neighborhoods with views of the Puget Sound command the highest prices. The Bowl and Westgate areas are also highly desirable. - What are the top 3 costs that surprise newcomers to Edmonds?
Housing prices, property taxes, and utilities tend to catch transplants off guard. Costs are significantly higher than in most of the U.S.