Spokane 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.
IndexSpokaneWashingtonNational
Cost of living index92112100
IndexSpokaneWashingtonNational
Goods & Services index95104100
Groceries index92102100
Health care index114116100
Housing index88137100
Transportation index93108100
Utilities index8183100
An overview of the general cost of living index for Spokane, WA is displayed above for your reference. Residents in Spokane, WA enjoy a cost of living index of 92. This index is 18% lower than the Washington average, and 8% 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 Spokane, WA, the average cost of goods and services is 8% lower than it is in Washington, and it is 5% lower than the national average.

Did you know?

  • The cost of living in Spokane is 18% lower than the Washington average.
  • The cost of living in Spokane is 8% lower than the national average.
  • The cost of housing in Spokane is 12% 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.

Find Real Estate Listings In Spokane

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Spokane

Compare Spokane, 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 allows you to compare how much your current salary in Spokane, WA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Spokane, WA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Spokane, WA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,988$4,916$1,376$1,770
Renters$25,675$2,140$599$770
One can approximate the cost of living and the housing affordability in Spokane, 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 Spokane, WA have a median income of $58,988. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,376 per month to avoid calamity and poverty. The renters in the city have an income of about $25,675, which would make their monthly maximum allowable rental costs $599.

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 Spokane, 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

ItemSpokaneNational avg.Difference
Haircut $14.60$14.590.0%
Beauty Salon $35.00$34.680.9%
Toothpaste $2.96$2.4719.7%
Shampoo $1.25$1.0222.3%
Movie $10.50$9.876.4%
Bowling $4.64$4.395.7%

Groceries

ItemSpokaneNational avg.Difference
Ground Beef $4.08$4.488.9%
Fried Chicken $1.40$1.464.4%
Milk $2.02$2.3614.3%
Potatoes $1.62$3.0647.1%
Pizza $9.37$9.241.4%
Beer $9.44$8.639.3%

Health Care

ItemSpokaneNational avg.Difference
Optometrist $122.74$99.7823.0%
Doctor $136.86$105.0330.3%
Dentist $96.20$88.708.5%
Ibuprofen $10.00$9.416.2%
Lipitor $311.32$298.504.3%

Housing

ItemSpokaneNational avg.Difference
Home Price $164,500.00$181,400.009.3%
Avg. Mortgage Payment $971.74$1,081.0310.1%
Apartment Rent $718.00$889.0019.2%

Transportation

ItemSpokaneNational avg.Difference
Gasoline $1.73$2.0917.1%
Tire Balancing $55.33$45.2922.2%

Utilities

ItemSpokaneNational avg.Difference
All Electricity$141.93$170.8016.9%
Phone $22.01$28.2622.1%
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.
Rockford, ID25388-12%
Four Lakes, WA31089-11%
Rockford, WA52490-10%
Airway Heights, WA6,12790-10%
Medical Lake, WA4,93292-8%
Spokane, WA208,70192-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gilbert, AZ208,8501066%
Boise, ID208,33296-4%
Arlington, VA209,07715656%
San Bernardino, CA210,6241055%
Rochester, NY210,96789-11%
Spokane, WA208,70192-8%
Source: The Spokane, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.