Maltby 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.
IndexMaltbyWashingtonNational
Cost of living index138115100
IndexMaltbyWashingtonNational
Goods & Services index106106100
Groceries index113107100
Health care index125119100
Housing index211135100
Transportation index115117100
Utilities index8996100
Displayed above is a general overview of the Maltby, WA cost of living index. The overall cost of living index in Maltby, WA is 138, which is 20% higher than the Washington average and 38% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Maltby, WA are equal to the Washington average and 6% higher than the national average.

Did you know?

  • The cost of living in Maltby is 20% higher than the Washington average.
  • The cost of living in Maltby is 38% higher than the national average.
  • The cost of housing in Maltby is 111% 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 Maltby, WA Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Maltby, WA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Maltby, WA, you have to earn a higher income in order to still have the same standard of living. To operate the Maltby, WA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$109,930$9,161$2,565$3,298
Renters$59,966$4,997$1,399$1,799
The affordability of the housing market in Maltby, 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 Maltby, WA homeowners, the median income is $109,930. This indicates that a monthly maximum of $2,565 should be spent by homeowners on all housing related costs. Renters have a median income of $59,966. This indicates that renters should have a maximum of $1,399 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 assessing the complete cost of living in Maltby, 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

ItemMaltbyNational avg.Difference
Haircut $16.75$15.567.6%
Beauty Salon $39.71$36.1110.0%
Toothpaste $2.60$2.475.3%
Shampoo $1.09$0.9612.6%
Movie $11.93$10.1317.8%
Bowling $4.30$4.749.2%

Groceries

ItemMaltbyNational avg.Difference
Ground Beef $3.76$3.985.6%
Fried Chicken $2.43$1.4172.8%
Milk $1.95$2.065.5%
Potatoes $3.53$2.9818.3%
Pizza $10.21$9.477.8%
Beer $9.14$8.794.0%

Health Care

ItemMaltbyNational avg.Difference
Optometrist $139.95$101.0438.5%
Doctor $148.81$107.4438.5%
Dentist $115.96$90.4228.3%
Ibuprofen $10.70$9.2815.3%
Lipitor $427.75$426.500.3%

Housing

ItemMaltbyNational avg.Difference
Home Price $421,600.00$175,700.00140.0%
Avg. Mortgage Payment $1,505.16$1,133.2332.8%
Apartment Rent $1,309.00$920.0042.3%

Transportation

ItemMaltbyNational avg.Difference
Gasoline $2.33$1.9916.9%
Tire Balancing $50.47$45.7610.3%

Utilities

ItemMaltbyNational avg.Difference
All Electricity$139.21$163.8115.0%
Phone $26.68$28.396.0%
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.
Hat Island, WA181077%
Sultan, WA4,71511010%
Everett, WA104,70811212%
North Sultan, WA30511212%
Monroe, WA17,56411515%
Maltby, WA11,44713838%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Citrus, CA11,44612929%
Port St. John, FL11,44490-10%
Yazoo City, MS11,46276-24%
Alexandria, MN11,46597-3%
Healdsburg, CA11,46615757%
Maltby, WA11,44713838%
Source: The Maltby, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.