Chain Lake 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.
IndexChain LakeWashingtonNational
Cost of living index123112100
IndexChain LakeWashingtonNational
Goods & Services index95104100
Groceries index92102100
Health care index114116100
Housing index192135100
Transportation index93108100
Utilities index8183100
A general overview of the cost of living index for Chain Lake, WA is displayed above. In Chain Lake, WA, the overall cost of living index is 123, which is 10% higher than the Washington average and 23% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Chain Lake, WA, the city's goods and services are 8% lower than the Washington average and 5% lower than the U.S. average.

Did you know?

  • The cost of living in Chain Lake is 10% higher than the Washington average.
  • The cost of living in Chain Lake is 23% higher than the national average.
  • The cost of housing in Chain Lake is 92% 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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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Chain Lake, WA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Chain Lake, WA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Chain Lake, WA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Chain Lake, 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 Chain Lake, WA, the median monthly income is $90,694 for those who own their own homes. Under the standard rule, that income level would allow for $2,116 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $62,000, per the median income in the area. That would allow for renters to spend up to $1,447 on monthly rental expenses.

Washington Sales Tax

StateGeneral Sales TaxWith Max Surtax

Washington Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Chain Lake, WA, it's important to take into account the sales tax for Washington, as well as the rate for income tax in Washington. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Washington is 9.6%, and the sales tax in the state of Washington is 6.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Washington starts from 0% and goes up to 0%.

Goods & Services

ItemChain LakeNational avg.Difference
Haircut $14.60$14.590.0%
Beauty Salon $35.00$34.680.9%
Toothpaste $2.96$2.4719.7%
Shampoo $1.25$1.0222.3%
Movie $10.50$9.876.4%
Bowling $4.64$4.395.7%


ItemChain LakeNational avg.Difference
Ground Beef $4.08$4.488.9%
Fried Chicken $1.40$1.464.4%
Milk $2.02$2.3614.3%
Potatoes $1.62$3.0647.1%
Pizza $9.37$9.241.4%
Beer $9.44$8.639.3%

Health Care

ItemChain LakeNational avg.Difference
Optometrist $122.74$99.7823.0%
Doctor $136.86$105.0330.3%
Dentist $96.20$88.708.5%
Ibuprofen $10.00$9.416.2%
Lipitor $311.32$298.504.3%


ItemChain LakeNational avg.Difference
Home Price $371,300.00$175,700.00111.3%
Avg. Mortgage Payment $971.74$1,081.0310.1%
Apartment Rent $1,354.00$920.0047.2%


ItemChain LakeNational avg.Difference
Gasoline $1.73$2.0917.1%
Tire Balancing $55.33$45.2922.2%


ItemChain LakeNational avg.Difference
All Electricity$141.93$170.8016.9%
Phone $22.01$28.2622.1%
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.
Verlot, WA9399-1%
Startup, WA7381044%
Gold Bar, WA2,3001044%
May Creek, WA7731055%
Granite Falls, WA3,4161099%
Chain Lake, WA4,56612323%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
West Hazleton, PA4,56590-10%
St. James, MN4,56585-15%
Tazewell, VA4,56888-12%
Beecher, IL4,56899-1%
Glendale, CO4,56494-6%
Chain Lake, WA4,56612323%
Source: The Chain Lake, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.