F
79%
Overall NAT. AVG.
20%
Goods & Services NAT. AVG.
221%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Woodinville Washington National
Cost of living179118100
Goods & Services120111100
Groceries116110100
Health care138120100
Housing321135100
Transportation128123100
Utilities10292100

An Overview of Cost of Living in Woodinville, WA

Understanding the cost of living in Woodinville can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Woodinville cost of living index is 179, which is 79% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in Woodinville is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Woodinville falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs significantly influence the Woodinville cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 221%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

Recurring essentials like haircuts, toothpaste, and entertainment, from movies to gym sessions, can really add up in your budget and make up 33% of the cost of living index. In Woodinville, you you will have to spend 19.5% more than average when compared to the typical prices for these items, making it a more expensive place to live.

The surge in grocery costs is indeed alarming, especially when groceries make up a large portion of your monthly expenditures. Over the past two years, there has been an inflation of over 10% in grocery prices. Unfortunately, Woodinville does not fare better, with grocery expenses coming in at 16.3% higher than the national average.

What Do Locals Say About the Cost of Living in Woodinville?

When it comes to knowing a city, its residents are the experts. We conducted a survey with 7 locals to understand their opinions on the cost of living in Woodinville. The results indicated that 14% found it reasonably priced with decreasing prices of goods and services, while 86% viewed it as quite expensive, with increasing prices.

Is Woodinville Affordable?

Is Woodinville an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Woodinville is 271.1% higher than the national average, while the average monthly rent prices are 104% higher than average. The affordability of any location can also be influenced by median income levels. Woodinville has a median household income of $114,967, which is 107.8% higher than the national average.

What Factors can Influence the Cost of Living in Woodinville?

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Woodinville, the housing index is 221% higher than the national average.

Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Woodinville, the groceries index is 16.3% higher than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Woodinville, the healthcare costs are 37.6% higher than the national average.

Where is the Data From?

The cost of living data in Woodinville displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Woodinville is 52% higher than the Washington average
  • The cost of living in Woodinville is 79% higher than the national average
  • Woodinville housing is 221% higher than the national average
  • Washington general sales tax is 27% higher than the national average
  • Washington state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Woodinville

See all the best places to live around Woodinville

Compare Woodinville, WA Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$149,688$12,474$3,492$4,491
      Renters$74,519$6,210$1,739$2,236
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Woodinville, WA, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Woodinville, homeowners have a median income of $149,688. Using that number, a maximum of $3,492 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $74,519, which means there is a maximum of $1,739 to be spent on the costs of renting a home or apartment.

      Washington Sales Tax

      State General Sales Tax With Max Surtax
      Washington 6.5% 10.4%

      Washington Income Tax

      State Income Tax (Low) Income Tax (High)
      Washington 0% 0%

      Goods & Services

      Item Woodinville National avg. Difference
      Haircut $50.20$24.26106.9%
      Beauty Salon $72.25$45.5658.6%
      Toothpaste $3.96$3.706.9%
      Shampoo $1.40$1.289.5%
      Movie $16.37$12.1334.9%
      Bowling $21.59$18.0019.9%

      Groceries

      Item Woodinville National avg. Difference
      Ground Beef $5.54$5.845.1%
      Fried Chicken $2.55$1.5762.0%
      Milk $5.10$4.679.2%
      Potatoes $4.49$4.938.9%
      Pizza $14.40$12.0919.2%
      Beer $12.14$10.4116.6%

      Health Care

      Item Woodinville National avg. Difference
      Optometrist $198.49$125.6857.9%
      Doctor $236.25$135.7874.0%
      Dentist $149.39$113.2931.9%
      Ibuprofen $12.47$10.6517.0%
      Lipitor $446.40$468.604.7%

      Housing

      Item Woodinville National avg. Difference
      Home Price $685,500.00$184,700.00271.1%
      Avg. Mortgage Payment $4,924.20$2,346.69109.8%
      Apartment Rent $1,936.00$949.00104.0%

      Transportation

      Item Woodinville National avg. Difference
      Gasoline $4.66$3.4634.8%
      Tire Balancing $67.20$59.9212.1%

      Utilities

      Item Woodinville National avg. Difference
      All Electricity $193.41$193.990.3%
      Phone $202.97$192.255.6%
      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 Population Cost of Living Index National Avg.
      Everett, WA110,84013433.5%
      Snohomish, WA10,14113534.7%
      Monroe, WA19,40314040.2%
      North Lynnwood, WA24,08414342.6%
      Lake Stickney, WA14,30614343.1%
      Woodinville, WA13,03817979.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Val-des-Monts, QC13,035n/a 
      Fort Drum, NY13,03412020.3%
      Avenal, CA13,0331055.3%
      Jupiter Farms, FL13,04512929.3%
      Fort Lewis, WA13,04513635.7%
      Woodinville, WA13,03817979.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.