Poulsbo 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.
IndexPoulsboWashingtonNational
Cost of living index122112100
IndexPoulsboWashingtonNational
Goods & Services index114104100
Groceries index120102100
Health care index119116100
Housing index142135100
Transportation index119108100
Utilities index9983100
A general summary of the cost of living index in Poulsbo, WA is shown above. Compared to the state average of Washington the cost of living index in Poulsbo, WA is 122, which is 10% higher than the average in Washington and compared to the national average it is 22% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Poulsbo, WA goods and services come in at 10% higher than the average in Washington and are 14% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Poulsbo is 10% higher than the Washington average.
  • The cost of living in Poulsbo is 22% higher than the national average.
  • The cost of housing in Poulsbo is 42% 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 Poulsbo

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Poulsbo

Compare Poulsbo, 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
The salary calculator is used in order to provide a comparison of your current salary in Poulsbo, WA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Poulsbo, WA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Poulsbo, WA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,000$5,833$1,633$2,100
Renters$36,532$3,044$852$1,096
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Poulsbo, WA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Poulsbo, WA homeowners have a median income of $70,000. Using that number, you will come up with a maximum of $1,633 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $36,532, which means there is a maximum of $852 to be spent on the costs of renting a home or apartment.

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 Poulsbo, 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

ItemPoulsboNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $55.00$34.6858.6%
Toothpaste $3.63$2.4746.8%
Shampoo $0.99$1.023.1%
Movie $11.33$9.8714.8%
Bowling $7.00$4.3959.4%

Groceries

ItemPoulsboNational avg.Difference
Ground Beef $3.89$4.4813.1%
Fried Chicken $1.99$1.4635.9%
Milk $1.99$2.3615.6%
Potatoes $2.49$3.0618.7%
Pizza $8.91$9.243.6%
Beer $9.39$8.638.8%

Health Care

ItemPoulsboNational avg.Difference
Optometrist $135.00$99.7835.3%
Doctor $110.00$105.034.7%
Dentist $125.00$88.7040.9%
Ibuprofen $10.09$9.417.2%
Lipitor $299.00$298.500.2%

Housing

ItemPoulsboNational avg.Difference
Home Price $275,100.00$175,700.0056.6%
Avg. Mortgage Payment $1,863.61$1,081.0372.4%
Apartment Rent $988.00$920.007.4%

Transportation

ItemPoulsboNational avg.Difference
Gasoline $2.52$2.0920.5%
Tire Balancing $51.80$45.2914.4%

Utilities

ItemPoulsboNational avg.Difference
All Electricity$178.75$170.804.7%
Phone $25.95$28.268.2%
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.
Navy Yard City, WA2,5901044%
Port Gamble Tribal Community, WA8991011%
Bremerton, WA38,66411010%
Brinnon, WA76711111%
Parkwood, WA7,31211212%
Poulsbo, WA9,43612222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Chevy Chase CDP, MD9,43519090%
Crestline, CA9,4371077%
Tuskegee, AL9,43586-14%
Buda, TX9,4431022%
Bethalto, IL9,44393-7%
Poulsbo, WA9,43612222%
Source: The Poulsbo, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.