The value of real estate in Whatcom County is significantly on the rise. Housing Costs, on average, have increased by approximately $20,000 over the past year. Clearly, there’s a boom going on, with a very active market, landmark low interest rates, and the continuing discovery of the joys of living in the area.
Housing
 As of 2005, the average cost of a home in Bellingham was $317,085, with the median at $269,900. The local multiple listing service has provided a market survey of the sale price of single-family residential homes by elementary school
district
|
School District Average Price |
|
Bellingham |
$317,085 |
|
Sudden Valley |
$271,570 |
|
Meridian |
$320,741 |
|
Ferndale |
$283,403 |
|
Blaine |
$256,969 |
|
Lynden |
$313,287 |
|
Nooksack Valley |
$237,252 |
|
Mount Baker/Deming |
$168,501 |
Cost of Living Index
The national Cost of Living Index is a method provided for comparing the relative cost of living between regions around the United States. Below is how Bellingham compares with national averages.
|
Relative to National Average |
|
Overall |
108.7 |
|
Grocery Items |
109.2 |
|
Housing |
116.8 |
|
Utilities |
93.5 |
|
Transportation |
101.3 |
|
Health Care |
123.1 |
|
Misc. Goods and Services |
105.8 |
To get a more detailed idea of how your current location compares to Whatcom County please
visit Homefair.com
Property Taxes
Whatcom County property taxes range from $11.25 to $15.83 per
thousand dollars of assessed value.
Rent
Average rent in Bellingham varies for studio and one bedroom apartments from $510-$700
per month to a three bedroom house for $900-$1200 per month. The best availability is during the summer months as this is a ‘college town’.
|
