Fife, WA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Fife, WA Summary

Cost of living in Fife 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 Fife 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 Fife is 126, with 100 being the average.

  • The cost of living index in Fife is 1.3x higher than the national average.

  • Fife ranks as the #108 cheapest in Washington out of 192.

  • Fife ranks as the #5,091 cheapest out of 6,412 in the US.

  • The median home value in Fife is $337,200.

  • The median income in Fife is $75,557.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
126
Fife's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Fife, WA?

According to the most recent data on the cost of living, Fife has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.

Compared to Washington, Fife has a cost of living index that's 1.1x higher than Washington's index of 115.

The standard of living in Fife ranks as #108 most affordable out of the 192 places we measured in Washington. By definition, that implies Fife ranks as the #84 most expensive place in the Evergreen State.

For more reading on life in Fife, check out:

108 out of 192
In Washington
5,091 out of 6,412
In America

Fife Cost Of Living Vs. Washington

Six factors go into calculating the cost of living index in Fife. Here is how it fairs on each of the criteria:

  • The Services index in Fife is 127.

  • The Groceries index in Fife is 129.

  • The Health index in Fife is 130.

  • The Housing index in Fife is 120.

  • The Transportation index in Fife is 141.

  • The Utilities index in Fife is 108.

Living Expense Fife Washington National Average
Overall 126 115 100
Services 127 112 100
Groceries 129 109 100
Health 130 119 100
Housing 120 129 100
Transportation 141 116 100
Utilities 108 90 100
For more reading on cost of living around Washington, check out:
Fife Cost of Living Vs. WA

Fife, WA Housing Cost Breakdown

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 Fife is $337,200.

  • The Median Rent in Fife is $1,562.

  • The Median Income in Fife is $75,557.

  • The Home Value To Income in Fife is 4.5x.

  • The Rent To Monthly Income in Fife is 0.25x.

Statistic Fife Washington United States
Median Home Value $337,200 $397,600 $244,900
Median Rent $1,562 $1,439 $1,163
Median Income $75,557 $82,400 $69,021
Home Value To Income 4.5x 4.8x 3.5x
Rent To Monthly Income 0.25x 0.21x 0.2x
Search Homes For Sale In Fife, WA
$337,200
Median Home Value
$1,562
Median Rent
$75,557
Median Income

Fife, WA Costs By Category

Detailed Fife Services Costs Vs. Washington

Item Fife 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

Detailed Fife Groceries Costs Vs. Washington

Item Fife 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

Detailed Fife Health Costs Vs. Washington

Item Fife Washington
Optometrist $158.73 $108.57
Doctor $136.39 $116.17
Dentist $143.77 $99.13

Detailed Fife Transportation Costs Vs. Washington

Item Fife Washington
Gasoline $3.19 $2.22
Tire Balancing $66.49 $50.07

Detailed Fife Utilities Costs Vs. Washington

Item Fife Washington
All Electricity $186.95 $167.67
Phone $194.23 $175.64

Fife SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
5
Diversity
10
Safety
1
Amenities
8.5
Education
8
Commute
5

Cost Of Living In Cities Around Fife

The cost of living varies in the cities and towns around Fife. Here's a quick look at the cost of living in the most populous nearby places:

  • Tacoma, WA has a cost of living index of 111, 0.9x Fife.

  • Lakewood, WA has a cost of living index of 115, 0.9x Fife.

  • Puyallup, WA has a cost of living index of 120, 1.0x Fife.

City Population Cost Of Living Vs. Fife
Tacoma, WA 217,332 111 0.9x
Lakewood, WA 62,972 115 0.9x
Puyallup, WA 42,366 120 1.0x
Parkland, WA 38,092 109 0.9x
Frederickson, WA 21,651 118 0.9x
Lakeland South, WA 12,696 132 1.0x
Edgewood, WA 12,132 137 1.1x
Gig Harbor, WA 11,505 141 1.1x
Sumner, WA 10,545 127 1.0x
Midland, WA 9,448 108 0.9x

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