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.
An overview of the general cost of living index for Quincy, WA is displayed above for your reference. Residents in Quincy, WA enjoy a cost of living index of 92. This index is 20% 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 Quincy, WA, the average cost of goods and services is 8% lower than it is in Washington, and it is 2% lower than the national average.
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The cost of living in Quincy is 20% lower than the Washington average.
The cost of living in Quincy is 8% lower than the national average.
The cost of housing in Quincy is 28% 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.
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
The salary calculator allows you to compare how much your current salary in Quincy, 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 Quincy, WA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Quincy, 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
Max Budget (28% DTI)
Max Budget (36% DTI)
The affordability of the housing market in Quincy, WA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Quincy, WA homeowners, the median income is $54,333. This indicates that a monthly maximum of $1,268 should be spent by homeowners on all housing related costs. Renters have a median income of $36,897. This indicates that renters should have a maximum of $861 used for their rent related monthly costs.
Washington Sales Tax
General Sales Tax
With Max Surtax
Washington Income Tax
Income Tax (Low)
Income Tax (High)
One thing to keep in mind when considering the cost of living in Quincy, WA is the Washington sales tax and Washington income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Washington sales tax rate is 6.5% and the maximum surtax that can be charged is 10.4%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Washington income tax rates range from 0% to 0%.
Goods & Services
Avg. Mortgage Payment
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.