Prairie Ridge 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.
IndexPrairie RidgeWashingtonNational
Cost of living index112112100
IndexPrairie RidgeWashingtonNational
Goods & Services index112104100
Groceries index95102100
Health care index122116100
Housing index120135100
Transportation index107108100
Utilities index10983100
The above illustration supplies generalized information for the Prairie Ridge, WA cost of living index. Compared to other cities in Washington and cities across the country, the cost of living index in Prairie Ridge, WA is 112, which is equal to the Washington average and 12% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Prairie Ridge, WA are 8% higher than the average for Washington and 12% higher than the rest of the country.

Did you know?

  • The cost of living in Prairie Ridge is equal to the Washington average.
  • The cost of living in Prairie Ridge is 12% higher than the national average.
  • The cost of housing in Prairie Ridge is 20% 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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Salary Calculator

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Use the salary calculator to compare your current income in Prairie Ridge, 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 Prairie Ridge, WA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Prairie Ridge, 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$74,218$6,185$1,732$2,227
Renters$44,688$3,724$1,043$1,341
One can approximate the cost of living and the housing affordability in Prairie Ridge, 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 Prairie Ridge, WA have a median income of $74,218. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,732 per month to avoid calamity and poverty. The renters in the city have an income of about $44,688, which would make their monthly maximum allowable rental costs $1,043.

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 Prairie Ridge, 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

ItemPrairie RidgeNational avg.Difference
Haircut $11.40$14.5921.9%
Beauty Salon $29.60$34.6814.6%
Toothpaste $2.73$2.4710.4%
Shampoo $1.01$1.021.2%
Movie $12.20$9.8723.6%
Bowling $4.52$4.392.9%

Groceries

ItemPrairie RidgeNational avg.Difference
Ground Beef $4.10$4.488.4%
Fried Chicken $1.26$1.4613.9%
Milk $2.33$2.361.1%
Potatoes $1.78$3.0641.9%
Pizza $12.00$9.2429.8%
Beer $8.31$8.633.7%

Health Care

ItemPrairie RidgeNational avg.Difference
Optometrist $151.00$99.7851.3%
Doctor $127.67$105.0321.6%
Dentist $109.00$88.7022.9%
Ibuprofen $12.01$9.4127.6%
Lipitor $329.60$298.5010.4%

Housing

ItemPrairie RidgeNational avg.Difference
Home Price $193,900.00$175,700.0010.4%
Avg. Mortgage Payment $946.00$1,081.0312.5%
Apartment Rent $1,301.00$920.0041.4%

Transportation

ItemPrairie RidgeNational avg.Difference
Gasoline $2.24$2.097.1%
Tire Balancing $48.00$45.296.0%

Utilities

ItemPrairie RidgeNational avg.Difference
All Electricity$135.34$170.8020.8%
Phone $42.37$28.2649.9%
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.
North Puyallup, WA1,74697-3%
Midland, WA8,5261044%
Kapowsin, WA2101044%
Carbonado, WA5301044%
Parkland, WA36,2631055%
Prairie Ridge, WA11,93511212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Crestwood, MO11,9341000%
Lahaina, HI11,94117878%
Clawson, MI11,94390-10%
Oak Hills, OR11,94613030%
Lake Los Angeles, CA11,94898-2%
Prairie Ridge, WA11,93511212%
Source: The Prairie Ridge, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.