Cost of living in Edmonds 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 Edmonds 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 Edmonds is 148, with 100 being the average.
The cost of living index in Edmonds is 1.5x higher than the national average.
Edmonds ranks as the #169 cheapest in Washington out of 192.
Edmonds ranks as the #5,800 cheapest out of 6,412 in the US.
The median home value in Edmonds is $639,100.
The median income in Edmonds is $96,775.
According to the most recent data on the cost of living, Edmonds has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to Washington, Edmonds has a cost of living index that's 1.3x higher than Washington's index of 115.
The standard of living in Edmonds ranks as #169 most affordable out of the 192 places we measured in Washington. By definition, that implies Edmonds ranks as the #23 most expensive place in the Evergreen State.
For more reading on life in Edmonds, check out:
Six factors go into calculating the cost of living index in Edmonds. Here is how it fairs on each of the criteria:
The Services index in Edmonds is 127.
The Groceries index in Edmonds is 130.
The Health index in Edmonds is 129.
The Housing index in Edmonds is 197.
The Transportation index in Edmonds is 143.
The Utilities index in Edmonds is 111.
Living Expense | Edmonds | Washington | National Average | |
---|---|---|---|---|
Overall | 148 | 115 | 100 | |
Services | 127 | 112 | 100 | |
Groceries | 130 | 109 | 100 | |
Health | 129 | 119 | 100 | |
Housing | 197 | 129 | 100 | |
Transportation | 143 | 116 | 100 | |
Utilities | 111 | 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 Edmonds is $639,100.
The Median Rent in Edmonds is $1,624.
The Median Income in Edmonds is $96,775.
The Home Value To Income in Edmonds is 6.6x.
The Rent To Monthly Income in Edmonds is 0.2x.
Statistic | Edmonds | Washington | United States |
---|---|---|---|
Median Home Value | $639,100 | $397,600 | $244,900 |
Median Rent | $1,624 | $1,439 | $1,163 |
Median Income | $96,775 | $82,400 | $69,021 |
Home Value To Income | 6.6x | 4.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
Item | Edmonds | Washington |
---|---|---|
Shampoo | $1.13 | $1.06 |
Movie | $14.7 | $10.68 |
Bowling | $21.8 | $14.67 |
Haircut | $39.33 | $18.62 |
Beauty Salon | $50.33 | $39.05 |
Item | Edmonds | Washington |
---|---|---|
Ground Beef | $5.74 | $4.22 |
Fried Chicken | $2.15 | $1.39 |
Milk | $2.5 | $2.05 |
Potatoes | $3.5 | $3.29 |
Pizza | $13.12 | $10.62 |
Beer | $10.49 | $9.38 |
Toothpaste | $3.44 | $2.34 |
Item | Edmonds | Washington |
---|---|---|
Optometrist | $158.73 | $108.57 |
Doctor | $136.39 | $116.17 |
Dentist | $143.77 | $99.13 |
Item | Edmonds | Washington |
---|---|---|
Gasoline | $3.19 | $2.22 |
Tire Balancing | $66.49 | $50.07 |
Item | Edmonds | Washington |
---|---|---|
All Electricity | $186.95 | $167.67 |
Phone | $194.23 | $175.64 |
The cost of living varies in the cities and towns around Edmonds. Here's a quick look at the cost of living in the most populous nearby places:
Everett, WA has a cost of living index of 125, 0.8x Edmonds.
Shoreline, WA has a cost of living index of 139, 0.9x Edmonds.
Lynnwood, WA has a cost of living index of 135, 0.9x Edmonds.
City | Population | Cost Of Living | Vs. Edmonds |
---|---|---|---|
Everett, WA | 110,438 | 125 | 0.8x |
Shoreline, WA | 58,213 | 139 | 0.9x |
Lynnwood, WA | 38,812 | 135 | 0.9x |
Lake Stevens, WA | 35,135 | 131 | 0.9x |
North Lynnwood, WA | 24,562 | 133 | 0.9x |
Bainbridge Island, WA | 24,557 | 165 | 1.1x |
Silverdale, WA | 21,301 | 129 | 0.9x |
Mountlake Terrace, WA | 21,210 | 134 | 0.9x |
Monroe, WA | 19,879 | 131 | 0.9x |
Lake Stickney, WA | 14,733 | 138 | 0.9x |