Camano 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.
IndexCamanoWashingtonNational
Cost of living index124112100
IndexCamanoWashingtonNational
Goods & Services index116104100
Groceries index112102100
Health care index121116100
Housing index163135100
Transportation index105108100
Utilities index6883100
Here we can see a simple outline of the cost of living in Camano, WA. As you can see, with the average cost of living in Camano, WA being 124, that puts it 11% higher than the average of Washington and 24% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Camano, WA, the price of goods and services are 11% higher than the average of Washington as well as 16% higher than the nation's average.

Did you know?

  • The cost of living in Camano is 11% higher than the Washington average.
  • The cost of living in Camano is 24% higher than the national average.
  • The cost of housing in Camano is 63% 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 Camano, WA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Camano, 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 Camano, WA, then you would need to earn more income in order to maintain the same standard of living. To use the Camano, 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$70,340$5,862$1,641$2,110
Renters$48,750$4,063$1,137$1,463
If you want to find a good determining factor for the cost of living and the general affordability of housing in Camano, WA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Camano, WA, the median monthly income is $70,340 for those who own their own homes. Under the standard rule, that income level would allow for $1,641 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $48,750, per the median income in the area. That would allow for renters to spend up to $1,137 on monthly rental expenses.

Washington Sales Tax

StateGeneral Sales TaxWith Max Surtax
Washington6.5%9.6%

Washington Income Tax

StateIncome Tax (Low)Income Tax (High)
Washington0%0%
The Washington sales tax and Washington income tax rates should definitely be considered when determining the overall cost of living in Camano, WA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Washington sales tax is 6.5% and the maximum surtax is 9.6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Washington income tax rates range from 0% to 0%.

Goods & Services

ItemCamanoNational avg.Difference
Haircut $21.00$14.5943.9%
Beauty Salon $34.50$34.680.5%
Toothpaste $3.07$2.4724.1%
Shampoo $1.24$1.0221.3%
Movie $10.49$9.876.3%
Bowling $3.75$4.3914.6%

Groceries

ItemCamanoNational avg.Difference
Ground Beef $3.74$4.4816.5%
Fried Chicken $1.49$1.461.8%
Milk $2.12$2.3610.0%
Potatoes $2.07$3.0632.4%
Pizza $12.57$9.2436.0%
Beer $9.47$8.639.7%

Health Care

ItemCamanoNational avg.Difference
Optometrist $164.00$99.7864.4%
Doctor $135.50$105.0329.0%
Dentist $110.33$88.7024.4%
Ibuprofen $10.92$9.4116.0%
Lipitor $295.75$298.500.9%

Housing

ItemCamanoNational avg.Difference
Home Price $302,900.00$175,700.0072.4%
Avg. Mortgage Payment $1,269.87$1,081.0317.5%
Apartment Rent $1,284.00$920.0039.6%

Transportation

ItemCamanoNational avg.Difference
Gasoline $2.21$2.095.8%
Tire Balancing $46.00$45.291.6%

Utilities

ItemCamanoNational avg.Difference
All Electricity$117.35$170.8031.3%
Phone $18.91$28.2633.1%
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.
Northwest Stanwood, WA211077%
Hat Island, WA181066%
Conway, WA121077%
Port Hadlock-Irondale, WA3,5121022%
Whidbey Island Station, WA1,8821077%
Camano, WA15,20112424%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westbury, NY15,20115050%
Fillmore, CA15,20312323%
Los Lunas, NM15,20393-7%
Sterling, IL15,20884-16%
Hudson, MA15,21213232%
Camano, WA15,20112424%
Source: The Camano, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.