Federal Way 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.
IndexFederal WayWashingtonNational
Cost of living index131116100
IndexFederal WayWashingtonNational
Goods & Services index136108100
Groceries index129108100
Health care index128119100
Housing index133135100
Transportation index135116100
Utilities index10789100
Displayed above is a general overview of the Federal Way, WA cost of living index. The overall cost of living index in Federal Way, WA is 131, which is 13% higher than the Washington average and 31% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Federal Way, WA are 26% higher than the Washington average and 36% higher than the national average.
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Did you know?

  • The cost of living in Federal Way is 13% higher than the Washington average.
  • The cost of living in Federal Way is 31% higher than the national average.
  • The cost of housing in Federal Way is 33% 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.

Compare Federal Way, WA Cost of living To Other Cities

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      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
      Using the salary calculator lets you compare the salary you earn in Federal Way, WA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Federal Way, WA, you have to earn a higher income in order to still have the same standard of living. To operate the Federal Way, WA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$81,325$6,777$1,897$2,440
      Renters$39,738$3,312$927$1,192
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Federal Way, 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 Federal Way, WA homeowners have a median income of $81,325. Using that number, you will come up with a maximum of $1,897 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $39,738, which means there is a maximum of $927 to be spent on the costs of renting a home or apartment.

      Washington Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Washington6.5%10.4%

      Washington Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Washington0%0%
      When considering the overall cost of living expenses in Federal Way, WA, it's important to take into account the sales tax for Washington, as well as the rate for income tax in Washington. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Washington is 10.4%, and the sales tax in the state of Washington is 6.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Washington starts from 0% and goes up to 0%.

      Goods & Services

      ItemFederal WayNational avg.Difference
      Haircut $34.38$17.4996.6%
      Beauty Salon $47.00$38.1723.1%
      Toothpaste $3.37$2.3245.2%
      Shampoo $1.18$1.0116.6%
      Movie $14.42$10.7234.5%
      Bowling $20.67$13.8649.1%

      Groceries

      ItemFederal WayNational avg.Difference
      Ground Beef $5.99$3.9053.6%
      Fried Chicken $2.12$1.4051.9%
      Milk $1.99$1.961.4%
      Potatoes $2.99$3.186.1%
      Pizza $12.10$10.3916.4%
      Beer $11.49$9.2324.5%

      Health Care

      ItemFederal WayNational avg.Difference
      Optometrist $159.86$106.3450.3%
      Doctor $136.67$115.2518.6%
      Dentist $147.50$98.3849.9%
      Ibuprofen $10.19$9.2610.0%
      Lipitor $478.09$466.472.5%

      Housing

      ItemFederal WayNational avg.Difference
      Home Price $259,300.00$184,700.0040.4%
      Avg. Mortgage Payment $2,965.45$1,273.32132.9%
      Apartment Rent $1,095.00$949.0015.4%

      Transportation

      ItemFederal WayNational avg.Difference
      Gasoline $3.57$2.5937.7%
      Tire Balancing $65.70$48.9034.4%

      Utilities

      ItemFederal WayNational avg.Difference
      All Electricity$181.53$167.608.3%
      Phone $191.40$163.4217.1%
      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.
      Ketron Island, WA011010%
      Midland, WA8,7301044%
      Parkland, WA36,9981055%
      North Puyallup, WA2,00212121%
      Algona, WA3,14012323%
      Federal Way, WA93,98613131%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Roswell, GA93,96811919%
      Lee's Summit, MO94,2571033%
      Yuma, AZ93,70494-6%
      Quincy, MA93,34913838%
      Yakima, WA93,33896-4%
      Federal Way, WA93,98613131%
      Source: The Federal Way, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.