Cost of living in Seattle up 13% in last two years

Cost of living in Seattle up 13% in last two years

Credit: KING

Cost of living in Seattle up 13% in last two years

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by KING 5 News

KING5.com

Posted on October 31, 2011 at 7:39 AM

Updated Monday, Oct 31 at 7:45 AM

SEATTLE -- If you're having a tough time stretching your finances, you're not alone.

A study by the University of Washington says the cost of living for a family of two adults and two children in Seattle has jumped 13 percent since 2009, reports the seattlepi.com. The rate jumped 19 percent for single people with no kids.

The overall statewide average grew by 8 percent.

The report says while wages have stagnated and unemployment has doubled during the recession, the cost of living has continued to rise. The increase is largely attributed to rising housing and healthcare expenses.

To read the full story, go to the seattlepi.com.

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