East Renton Highlands 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.
IndexEast Renton HighlandsWashingtonNational
Cost of living index132112100
IndexEast Renton HighlandsWashingtonNational
Goods & Services index114104100
Groceries index120102100
Health care index119116100
Housing index174135100
Transportation index119108100
Utilities index9983100
A general overview of the cost of living index for East Renton Highlands, WA is displayed above. In East Renton Highlands, WA, the overall cost of living index is 132, which is 18% higher than the Washington average and 32% 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 East Renton Highlands, WA, the city's goods and services are 10% higher than the Washington average and 14% higher than the U.S. average.

Did you know?

  • The cost of living in East Renton Highlands is 18% higher than the Washington average.
  • The cost of living in East Renton Highlands is 32% higher than the national average.
  • The cost of housing in East Renton Highlands is 74% 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.

Find Real Estate Listings In East Renton Highlands

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In East Renton Highlands

Compare East Renton Highlands, WA Cost of living To Other Cities

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 East Renton Highlands, 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 East Renton Highlands, WA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the East Renton Highlands, 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)
Owners$99,028$8,252$2,310$2,971
Renters$65,274$5,440$1,523$1,958
How much of your monthly income goes to housing can tell you whether or not you can afford housing in East Renton Highlands, WA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In East Renton Highlands, WA homeowners have a median income of $99,028. Using that number, you will come up with a maximum of $2,310 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $65,274, which means there is a maximum of $1,523 to be spent on the costs of renting a home or apartment.

Washington Sales Tax

StateGeneral Sales TaxWith Max Surtax
Washington6.5%9.6%

Washington Income Tax

StateIncome Tax (Low)Income Tax (High)
Washington0%0%
When assessing the complete cost of living in East Renton Highlands, WA, the Washington income tax and the Washington sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Washington maximum surtax is 9.6%, and the Washington sales tax is 6.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Washington.

Goods & Services

ItemEast Renton HighlandsNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $55.00$34.6858.6%
Toothpaste $3.63$2.4746.8%
Shampoo $0.99$1.023.1%
Movie $11.33$9.8714.8%
Bowling $7.00$4.3959.4%

Groceries

ItemEast Renton HighlandsNational avg.Difference
Ground Beef $3.89$4.4813.1%
Fried Chicken $1.99$1.4635.9%
Milk $1.99$2.3615.6%
Potatoes $2.49$3.0618.7%
Pizza $8.91$9.243.6%
Beer $9.39$8.638.8%

Health Care

ItemEast Renton HighlandsNational avg.Difference
Optometrist $135.00$99.7835.3%
Doctor $110.00$105.034.7%
Dentist $125.00$88.7040.9%
Ibuprofen $10.09$9.417.2%
Lipitor $299.00$298.500.2%

Housing

ItemEast Renton HighlandsNational avg.Difference
Home Price $337,000.00$175,700.0091.8%
Avg. Mortgage Payment $1,863.61$1,081.0372.4%
Apartment Rent $1,233.00$920.0034.0%

Transportation

ItemEast Renton HighlandsNational avg.Difference
Gasoline $2.52$2.0920.5%
Tire Balancing $51.80$45.2914.4%

Utilities

ItemEast Renton HighlandsNational avg.Difference
All Electricity$178.75$170.804.7%
Phone $25.95$28.268.2%
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.
Algona, WA3,0901099%
Pacific, WA6,84511111%
SeaTac, WA27,60611616%
White Center, WA14,22811717%
Boulevard Park, WA4,02711717%
East Renton Highlands, WA11,67413232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Muscoy, CA11,6741055%
Boerne, TX11,6741011%
Glenn Heights, TX11,6711022%
Lansdowne, VA11,67814848%
North Bellport, NY11,68013838%
East Renton Highlands, WA11,67413232%
Source: The East Renton Highlands, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.