Oak Harbor 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.
IndexOak HarborWashingtonNational
Cost of living index116115100
IndexOak HarborWashingtonNational
Goods & Services index116106100
Groceries index116107100
Health care index120119100
Housing index123135100
Transportation index115117100
Utilities index9196100
A general overview of the cost of living index for Oak Harbor, WA is displayed above. In Oak Harbor, WA, the overall cost of living index is 116, which is equal to the Washington average and 16% 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 Oak Harbor, WA, the city's goods and services are 9% higher than the Washington average and 16% higher than the U.S. average.

Did you know?

  • The cost of living in Oak Harbor is equal to the Washington average.
  • The cost of living in Oak Harbor is 16% higher than the national average.
  • The cost of housing in Oak Harbor is 23% 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 Oak Harbor

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Oak Harbor

Compare Oak Harbor, 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
Use the salary calculator to compare your current salary in Oak Harbor, 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 Oak Harbor, WA, then you would need to earn more income in order to maintain the same standard of living. To use the Oak Harbor, 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$65,995$5,500$1,540$1,980
Renters$40,057$3,338$935$1,202
One can approximate the cost of living and the housing affordability in Oak Harbor, 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 Oak Harbor, WA have a median income of $65,995. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,540 per month to avoid calamity and poverty. The renters in the city have an income of about $40,057, which would make their monthly maximum allowable rental costs $935.

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 Oak Harbor, 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

ItemOak HarborNational avg.Difference
Haircut $19.97$15.5628.3%
Beauty Salon $37.11$36.112.8%
Toothpaste $3.38$2.4736.8%
Shampoo $1.36$0.9640.6%
Movie $10.59$10.134.6%
Bowling $8.67$4.7483.0%

Groceries

ItemOak HarborNational avg.Difference
Ground Beef $4.48$3.9812.5%
Fried Chicken $2.12$1.4150.7%
Milk $2.28$2.0610.6%
Potatoes $1.98$2.9833.7%
Pizza $12.19$9.4728.7%
Beer $9.49$8.798.0%

Health Care

ItemOak HarborNational avg.Difference
Optometrist $157.05$101.0455.4%
Doctor $132.11$107.4423.0%
Dentist $110.39$90.4222.1%
Ibuprofen $10.78$9.2816.1%
Lipitor $426.92$426.500.1%

Housing

ItemOak HarborNational avg.Difference
Home Price $221,100.00$175,700.0025.8%
Avg. Mortgage Payment $1,313.13$1,133.2315.9%
Apartment Rent $1,084.00$920.0017.8%

Transportation

ItemOak HarborNational avg.Difference
Gasoline $2.40$1.9920.3%
Tire Balancing $46.48$45.761.6%

Utilities

ItemOak HarborNational avg.Difference
All Electricity$151.32$163.817.6%
Phone $25.32$28.3910.8%
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.
Northwest Stanwood, WA2111212%
Conway, WA1211212%
Whidbey Island Station, WA1,88211111%
Burlington, WA8,46611212%
Mount Vernon, WA32,35611313%
Oak Harbor, WA22,22011616%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bloomingdale, IL22,20812020%
East Patchogue, NY22,20313737%
Pascagoula, MS22,23991-9%
Alliance, OH22,19683-17%
Darien, IL22,25111616%
Oak Harbor, WA22,22011616%
Source: The Oak Harbor, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.