Peaceful Valley 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.
IndexPeaceful ValleyWashingtonNational
Cost of living index100112100
IndexPeaceful ValleyWashingtonNational
Goods & Services index113104100
Groceries index111102100
Health care index114116100
Housing index85135100
Transportation index118108100
Utilities index6883100
An overview of the general cost of living index for Peaceful Valley, WA is displayed above for your reference. Residents in Peaceful Valley, WA enjoy a cost of living index of 100. This index is 10% lower than the Washington average, and equal to 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 Peaceful Valley, WA, the average cost of goods and services is 9% higher than it is in Washington, and it is 13% higher than the national average.

Did you know?

  • The cost of living in Peaceful Valley is 10% lower than the Washington average.
  • The cost of living in Peaceful Valley is equal to the national average.
  • The cost of housing in Peaceful Valley is 15% 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 Peaceful Valley, WA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Peaceful Valley, WA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Peaceful Valley, WA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Peaceful Valley, WA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$44,395$3,700$1,036$1,332
Renters$39,519$3,293$922$1,186
One can approximate the cost of living and the housing affordability in Peaceful Valley, 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 Peaceful Valley, WA have a median income of $44,395. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,036 per month to avoid calamity and poverty. The renters in the city have an income of about $39,519, which would make their monthly maximum allowable rental costs $922.

Washington Sales Tax

StateGeneral Sales TaxWith Max Surtax
Washington6.5%9.6%

Washington Income Tax

StateIncome Tax (Low)Income Tax (High)
Washington0%0%
For those who live in Peaceful Valley, WA and want to know what the true cost of living is, they ought to look at both the Washington income tax rate and the Washington sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Washington, the sales tax is 6.5%, while the most you'll pay in surtax is 9.6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Washington, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemPeaceful ValleyNational avg.Difference
Haircut $15.66$14.597.3%
Beauty Salon $27.50$34.6820.7%
Toothpaste $3.11$2.4725.7%
Shampoo $1.05$1.022.7%
Movie $11.50$9.8716.5%
Bowling $4.15$4.395.5%

Groceries

ItemPeaceful ValleyNational avg.Difference
Ground Beef $4.26$4.484.8%
Fried Chicken $1.69$1.4615.4%
Milk $1.92$2.3618.5%
Potatoes $1.91$3.0637.6%
Pizza $10.00$9.248.2%
Beer $9.05$8.634.8%

Health Care

ItemPeaceful ValleyNational avg.Difference
Optometrist $159.00$99.7859.4%
Doctor $121.00$105.0315.2%
Dentist $107.00$88.7020.6%
Ibuprofen $9.76$9.413.7%
Lipitor $281.22$298.505.8%

Housing

ItemPeaceful ValleyNational avg.Difference
Home Price $136,600.00$175,700.0022.3%
Avg. Mortgage Payment $1,507.36$1,081.0339.4%
Apartment Rent $938.00$920.002.0%

Transportation

ItemPeaceful ValleyNational avg.Difference
Gasoline $2.42$2.0915.7%
Tire Balancing $56.49$45.2924.7%

Utilities

ItemPeaceful ValleyNational avg.Difference
All Electricity$117.36$170.8031.3%
Phone $18.89$28.2633.1%
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.
Glacier, WA761077%
Everson, WA2,5281077%
Sumas, WA1,2561088%
Nooksack, WA1,5651088%
Kendall, WA19711111%
Peaceful Valley, WA3,8931000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Franklin, NC3,89395-5%
Mar-Mac, NC3,89487-13%
Park Rapids, MN3,89488-12%
Aliceville, AL3,89283-17%
Citronelle, AL3,89289-11%
Peaceful Valley, WA3,8931000%
Source: The Peaceful Valley, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.