Bainbridge Island cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBainbridge IslandWashingtonNational
Cost of living index168115100
IndexBainbridge IslandWashingtonNational
Goods & Services index136106100
Groceries index125107100
Health care index128119100
Housing index251135100
Transportation index139117100
Utilities index12396100
An overview of the general cost of living index for Bainbridge Island, WA is displayed above for your reference. Residents in Bainbridge Island, WA enjoy a cost of living index of 168. This index is 45% higher than the Washington average, and 68% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Bainbridge Island, WA, the average cost of goods and services is 28% higher than it is in Washington, and it is 36% higher than the national average.

Did you know?

  • The cost of living in Bainbridge Island is 45% higher than the Washington average.
  • The cost of living in Bainbridge Island is 68% higher than the national average.
  • The cost of housing in Bainbridge Island is 151% higher than the national average.
  • Washington general sales tax is 28% higher than the national average.
  • Washington state income tax is 100% lower than the national average.

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Compare Bainbridge Island, WA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Bainbridge Island, WA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Bainbridge Island, WA, then you would need to earn more income in order to maintain the same standard of living. To use the Bainbridge Island, WA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$115,208$9,601$2,688$3,457
Renters$46,731$3,894$1,090$1,402
The affordability of the housing market in Bainbridge Island, WA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bainbridge Island, WA homeowners, the median income is $115,208. This indicates that a monthly maximum of $2,688 should be spent by homeowners on all housing related costs. Renters have a median income of $46,731. This indicates that renters should have a maximum of $1,090 used for their rent related monthly costs.

Washington Sales Tax

StateGeneral Sales TaxWith Max Surtax
Washington6.5%9.6%

Washington Income Tax

StateIncome Tax (Low)Income Tax (High)
Washington0%0%
When you are determining the total cost of living in Bainbridge Island, WA you will want to make sure you consider both the Washington sales tax and the Washington income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Washington is 6.5%, with the highest surtax being 9.6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Washington have a range from 0% to 0%.

Goods & Services

ItemBainbridge IslandNational avg.Difference
Haircut $30.89$15.5698.5%
Beauty Salon $41.78$36.1115.7%
Toothpaste $3.08$2.4724.7%
Shampoo $1.25$0.9629.5%
Movie $12.92$10.1327.5%
Bowling $5.53$4.7416.7%

Groceries

ItemBainbridge IslandNational avg.Difference
Ground Beef $5.18$3.9829.9%
Fried Chicken $2.03$1.4144.3%
Milk $2.16$2.064.5%
Potatoes $2.22$2.9825.4%
Pizza $11.04$9.4716.5%
Beer $10.27$8.7916.8%

Health Care

ItemBainbridge IslandNational avg.Difference
Optometrist $144.61$101.0443.1%
Doctor $120.50$107.4412.2%
Dentist $136.74$90.4251.2%
Ibuprofen $10.57$9.2813.9%
Lipitor $444.02$426.504.1%

Housing

ItemBainbridge IslandNational avg.Difference
Home Price $538,300.00$175,700.00206.4%
Avg. Mortgage Payment $1,927.46$1,133.2370.1%
Apartment Rent $1,128.00$920.0022.6%

Transportation

ItemBainbridge IslandNational avg.Difference
Gasoline $2.80$1.9940.3%
Tire Balancing $61.99$45.7635.5%

Utilities

ItemBainbridge IslandNational avg.Difference
All Electricity$188.83$163.8115.3%
Phone $38.33$28.3935.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Navy Yard City, WA2,59011616%
Port Gamble Tribal Community, WA89911919%
Bremerton, WA38,66412323%
Parkwood, WA7,31212525%
Erlands Point-Kitsap Lake, WA2,89612626%
Bainbridge Island, WA23,20616868%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Belton, MO23,19792-8%
East Peoria, IL23,22591-9%
Machesney Park, IL23,18089-11%
Solon, OH23,17711515%
Dolton, IL23,26299-1%
Bainbridge Island, WA23,20616868%
Source: The Bainbridge Island, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.