Cost of living in Cheney research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cheney is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cheney is 104, with 100 being the average.
The cost of living index in Cheney is 1.0x higher than the national average.
Cheney ranks as the #29 cheapest in Washington out of 192.
Cheney ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Cheney is $239,500.
The median income in Cheney is $42,275.
According to the most recent data on the cost of living, Cheney has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Washington, Cheney has a cost of living index that's 0.9x lower than Washington's index of 115.
The standard of living in Cheney ranks as #29 most affordable out of the 192 places we measured in Washington. By definition, that implies Cheney ranks as the #163 most expensive place in the Evergreen State.
For more reading on life in Cheney, check out:
Six factors go into calculating the cost of living index in Cheney. Here is how it fairs on each of the criteria:
The Services index in Cheney is 113.
The Groceries index in Cheney is 102.
The Health index in Cheney is 122.
The Housing index in Cheney is 92.
The Transportation index in Cheney is 111.
The Utilities index in Cheney is 103.
Living Expense | Cheney | Washington | National Average | |
---|---|---|---|---|
Overall | 104 | 115 | 100 | |
Services | 113 | 112 | 100 | |
Groceries | 102 | 109 | 100 | |
Health | 122 | 119 | 100 | |
Housing | 92 | 129 | 100 | |
Transportation | 111 | 116 | 100 | |
Utilities | 103 | 90 | 100 |
Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Cheney is $239,500.
The Median Rent in Cheney is $956.
The Median Income in Cheney is $42,275.
The Home Value To Income in Cheney is 5.7x.
The Rent To Monthly Income in Cheney is 0.27x.
Statistic | Cheney | Washington | United States |
---|---|---|---|
Median Home Value | $239,500 | $397,600 | $244,900 |
Median Rent | $956 | $1,439 | $1,163 |
Median Income | $42,275 | $82,400 | $69,021 |
Home Value To Income | 5.7x | 4.8x | 3.5x |
Rent To Monthly Income | 0.27x | 0.21x | 0.2x |
Item | Cheney | Washington |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $13.73 | $10.68 |
Bowling | $17.07 | $14.67 |
Haircut | $21.08 | $18.62 |
Beauty Salon | $33.17 | $39.05 |
Item | Cheney | Washington |
---|---|---|
Ground Beef | $4.02 | $4.22 |
Fried Chicken | $1.36 | $1.39 |
Milk | $2.07 | $2.05 |
Potatoes | $2.82 | $3.29 |
Pizza | $11.89 | $10.62 |
Beer | $9.83 | $9.38 |
Toothpaste | $2.49 | $2.34 |
Item | Cheney | Washington |
---|---|---|
Optometrist | $149.56 | $108.57 |
Doctor | $153.04 | $116.17 |
Dentist | $113.0 | $99.13 |
Item | Cheney | Washington |
---|---|---|
Gasoline | $2.55 | $2.22 |
Tire Balancing | $49.64 | $50.07 |
Item | Cheney | Washington |
---|---|---|
All Electricity | $163.0 | $167.67 |
Phone | $191.51 | $175.64 |
The cost of living varies in the cities and towns around Cheney. Here's a quick look at the cost of living in the most populous nearby places:
Spokane, WA has a cost of living index of 103, 1.0x Cheney.
Spokane Valley, WA has a cost of living index of 102, 1.0x Cheney.
Post Falls, ID has a cost of living index of 103, 1.0x Cheney.
City | Population | Cost Of Living | Vs. Cheney |
---|---|---|---|
Spokane, WA | 225,709 | 103 | 1.0x |
Spokane Valley, WA | 102,178 | 102 | 1.0x |
Post Falls, ID | 38,162 | 103 | 1.0x |
Hayden, ID | 15,316 | 104 | 1.0x |
Liberty Lake, WA | 11,647 | 113 | 1.1x |
Airway Heights, WA | 10,108 | 99 | 1.0x |
Mead, WA | 7,146 | 105 | 1.0x |
Country Homes, WA | 6,148 | 106 | 1.0x |
Otis Orchards-East Farms, WA | 6,133 | 106 | 1.0x |
Town and Country, WA | 5,479 | 102 | 1.0x |