Mead 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.
IndexMeadWashingtonNational
Cost of living index99115100
IndexMeadWashingtonNational
Goods & Services index101106100
Groceries index95107100
Health care index116119100
Housing index96135100
Transportation index113117100
Utilities index9096100
An overview of the general cost of living index for Mead, WA is displayed above for your reference. Residents in Mead, WA enjoy a cost of living index of 99. This index is 14% lower than the Washington average, and 1% lower 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 Mead, WA, the average cost of goods and services is 5% lower than it is in Washington, and it is 1% higher than the national average.

Did you know?

  • The cost of living in Mead is 14% lower than the Washington average.
  • The cost of living in Mead is 1% lower than the national average.
  • The cost of housing in Mead is 4% lower 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 Mead, WA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Using the salary calculator lets you compare the salary you earn in Mead, 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 Mead, WA, you have to earn a higher income in order to still have the same standard of living. To operate the Mead, 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$65,035$5,420$1,517$1,951
Renters$33,293$2,774$777$999
If you want to find a good determining factor for the cost of living and the general affordability of housing in Mead, 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 Mead, WA, the median monthly income is $65,035 for those who own their own homes. Under the standard rule, that income level would allow for $1,517 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $33,293, per the median income in the area. That would allow for renters to spend up to $777 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%
When you are determining the total cost of living in Mead, WA you will want to make sure you consider both the Washington sales tax and the Washington income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Washington is 6.5%, with the highest surtax being 9.6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Washington have a range from 0% to 0%.

Goods & Services

ItemMeadNational avg.Difference
Haircut $17.02$15.569.3%
Beauty Salon $35.70$36.111.1%
Toothpaste $2.92$2.4718.3%
Shampoo $1.03$0.966.4%
Movie $10.59$10.134.6%
Bowling $8.59$4.7481.3%

Groceries

ItemMeadNational avg.Difference
Ground Beef $3.89$3.982.4%
Fried Chicken $1.33$1.415.5%
Milk $2.21$2.067.0%
Potatoes $1.79$2.9839.8%
Pizza $9.05$9.474.4%
Beer $10.10$8.7914.8%

Health Care

ItemMeadNational avg.Difference
Optometrist $121.00$101.0419.8%
Doctor $140.50$107.4430.8%
Dentist $99.61$90.4210.2%
Ibuprofen $11.17$9.2820.4%
Lipitor $444.66$426.504.3%

Housing

ItemMeadNational avg.Difference
Home Price $184,800.00$175,700.005.2%
Avg. Mortgage Payment $1,082.23$1,133.234.5%
Apartment Rent $692.00$920.0024.8%

Transportation

ItemMeadNational avg.Difference
Gasoline $2.40$1.9920.2%
Tire Balancing $44.37$45.763.0%

Utilities

ItemMeadNational avg.Difference
All Electricity$136.37$163.8116.8%
Phone $28.32$28.390.2%
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.
State Line, ID221011%
Four Lakes, WA14394-6%
Airway Heights, WA6,35695-5%
Deer Park, WA3,73996-4%
Spokane, WA210,14297-3%
Mead, WA7,31499-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Logan, OH7,31484-16%
Hastings, MI7,31384-16%
Washington, IA7,31583-17%
Pikeville, KY7,31399-1%
Parkwood, WA7,31212525%
Mead, WA7,31499-1%
Source: The Mead, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.