Edmonds 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.
IndexEdmondsWashingtonNational
Cost of living index130112100
IndexEdmondsWashingtonNational
Goods & Services index106104100
Groceries index105102100
Health care index124116100
Housing index188135100
Transportation index115108100
Utilities index8983100
An overview of the general cost of living index for Edmonds, WA is displayed above for your reference. Residents in Edmonds, WA enjoy a cost of living index of 130. This index is 17% higher than the Washington average, and 30% 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 Edmonds, WA, the average cost of goods and services is 2% higher than it is in Washington, and it is 6% higher than the national average.

Did you know?

  • The cost of living in Edmonds is 17% higher than the Washington average.
  • The cost of living in Edmonds is 30% higher than the national average.
  • The cost of housing in Edmonds is 88% 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

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Use the salary calculator to compare your current salary in Edmonds, 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 Edmonds, WA, then you would need to earn more income in order to maintain the same standard of living. To use the Edmonds, 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$91,121$7,593$2,126$2,734
Renters$44,046$3,671$1,028$1,322
One can approximate the cost of living and the housing affordability in Edmonds, WA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Edmonds, WA have a median income of $91,121. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,126 per month to avoid calamity and poverty. The renters in the city have an income of about $44,046, which would make their monthly maximum allowable rental costs $1,028.

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 Edmonds, 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

ItemEdmondsNational avg.Difference
Haircut $17.29$14.5918.5%
Beauty Salon $45.25$34.6830.5%
Toothpaste $2.55$2.473.1%
Shampoo $1.17$1.0214.5%
Movie $11.47$9.8716.2%
Bowling $3.62$4.3917.6%

Groceries

ItemEdmondsNational avg.Difference
Ground Beef $4.63$4.483.4%
Fried Chicken $1.59$1.468.6%
Milk $1.94$2.3617.7%
Potatoes $2.49$3.0618.7%
Pizza $10.00$9.248.2%
Beer $9.05$8.634.8%

Health Care

ItemEdmondsNational avg.Difference
Optometrist $148.13$99.7848.5%
Doctor $148.90$105.0341.8%
Dentist $111.60$88.7025.8%
Ibuprofen $10.39$9.4110.4%
Lipitor $301.93$298.501.1%

Housing

ItemEdmondsNational avg.Difference
Home Price $381,500.00$175,700.00117.1%
Avg. Mortgage Payment $1,307.24$1,081.0320.9%
Apartment Rent $1,091.00$920.0018.6%

Transportation

ItemEdmondsNational avg.Difference
Gasoline $2.43$2.0916.3%
Tire Balancing $50.00$45.2910.4%

Utilities

ItemEdmondsNational avg.Difference
All Electricity$129.79$170.8024.0%
Phone $29.99$28.266.1%
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.
Hat Island, WA181066%
Port Gamble Tribal Community, WA8991011%
Tracyton, WA5,90911515%
Suquamish, WA4,15811515%
Everett, WA104,70811111%
Edmonds, WA40,34313030%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
La Puente, CA40,34212323%
Campbell, CA40,32718080%
Beverly, MA40,37014242%
Norwich, CT40,37811616%
Hagerstown, MD40,29597-3%
Edmonds, WA40,34313030%
Source: The Edmonds, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.