Stanwood 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.
IndexStanwoodWashingtonNational
Cost of living index117112100
IndexStanwoodWashingtonNational
Goods & Services index116104100
Groceries index112102100
Health care index121116100
Housing index140135100
Transportation index105108100
Utilities index6883100
Here we can see a simple outline of the cost of living in Stanwood, WA. As you can see, with the average cost of living in Stanwood, WA being 117, that puts it 5% higher than the average of Washington and 17% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Stanwood, WA, the price of goods and services are 11% higher than the average of Washington as well as 16% higher than the nation's average.

Did you know?

  • The cost of living in Stanwood is 5% higher than the Washington average.
  • The cost of living in Stanwood is 17% higher than the national average.
  • The cost of housing in Stanwood is 40% 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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Compare Stanwood, WA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
Housing index
Transportation index
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The salary calculator allows you to compare how much your current salary in Stanwood, 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 Stanwood, WA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Stanwood, 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$80,270$6,689$1,873$2,408
Renters$27,150$2,263$633$815
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Stanwood, WA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Stanwood, WA homeowners, is $80,270. This would allow for a maximum of $1,873 per month to be spent on housing costs. For renters, the median monthly income is $27,150 which would result in a maximum of $633 to be spent on rental costs.

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 Stanwood, 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

ItemStanwoodNational avg.Difference
Haircut $21.00$14.5943.9%
Beauty Salon $34.50$34.680.5%
Toothpaste $3.07$2.4724.1%
Shampoo $1.24$1.0221.3%
Movie $10.49$9.876.3%
Bowling $3.75$4.3914.6%

Groceries

ItemStanwoodNational avg.Difference
Ground Beef $3.74$4.4816.5%
Fried Chicken $1.49$1.461.8%
Milk $2.12$2.3610.0%
Potatoes $2.07$3.0632.4%
Pizza $12.57$9.2436.0%
Beer $9.47$8.639.7%

Health Care

ItemStanwoodNational avg.Difference
Optometrist $164.00$99.7864.4%
Doctor $135.50$105.0329.0%
Dentist $110.33$88.7024.4%
Ibuprofen $10.92$9.4116.0%
Lipitor $295.75$298.500.9%

Housing

ItemStanwoodNational avg.Difference
Home Price $268,300.00$175,700.0052.7%
Avg. Mortgage Payment $1,269.87$1,081.0317.5%
Apartment Rent $1,023.00$920.0011.2%

Transportation

ItemStanwoodNational avg.Difference
Gasoline $2.21$2.095.8%
Tire Balancing $46.00$45.291.6%

Utilities

ItemStanwoodNational avg.Difference
All Electricity$117.35$170.8031.3%
Phone $18.91$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.
Northwest Stanwood, WA211077%
Conway, WA121077%
Whidbey Island Station, WA1,8821077%
Silvana, WA1521088%
Mount Vernon, WA32,3561099%
Stanwood, WA6,46811717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Inwood, FL6,46885-15%
Montevallo, AL6,47093-7%
Metropolis, IL6,46682-18%
Prospect Park borough, PA6,46411111%
Carbondale, CO6,46414545%
Stanwood, WA6,46811717%
Source: The Stanwood, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.