Gig Harbor, WA Cost Of Living
Cost Of Living In Gig Harbor, WA Summary
Cost of living in Gig Harbor 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 Gig Harbor 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 Gig Harbor is 141, with 100 being the average.
The cost of living index in Gig Harbor is 1.4x higher than the national average.
Gig Harbor ranks as the #152 cheapest in Washington out of 192.
Gig Harbor ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in Gig Harbor is $574,600.
The median income in Gig Harbor is $96,192.
Table Of Contents
Gig Harbor's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gig Harbor, WA?
According to the most recent data on the cost of living, Gig Harbor has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Washington, Gig Harbor has a cost of living index that's 1.2x higher than Washington's index of 115.
The standard of living in Gig Harbor ranks as #152 most affordable out of the 192 places we measured in Washington. By definition, that implies Gig Harbor ranks as the #40 most expensive place in the Evergreen State.
For more reading on life in Gig Harbor, check out:
- Living In Gig Harbor
- Gig Harbor Crime Report
- Search Homes For Sale In Gig Harbor, WA
In Washington
In America
Gig Harbor Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Gig Harbor. Here is how it fairs on each of the criteria:
The Services index in Gig Harbor is 128.
The Groceries index in Gig Harbor is 129.
The Health index in Gig Harbor is 126.
The Housing index in Gig Harbor is 172.
The Transportation index in Gig Harbor is 143.
The Utilities index in Gig Harbor is 108.
| Living Expense | Gig Harbor | Washington | National Average | |
|---|---|---|---|---|
| Overall | 141 | 115 | 100 | |
| Services | 128 | 112 | 100 | |
| Groceries | 129 | 109 | 100 | |
| Health | 126 | 119 | 100 | |
| Housing | 172 | 129 | 100 | |
| Transportation | 143 | 116 | 100 | |
| Utilities | 108 | 90 | 100 | |
Gig Harbor, 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 Gig Harbor is $574,600.
The Median Rent in Gig Harbor is $1,621.
The Median Income in Gig Harbor is $96,192.
The Home Value To Income in Gig Harbor is 6.0x.
The Rent To Monthly Income in Gig Harbor is 0.2x.
| Statistic | Gig Harbor | Washington | United States |
|---|---|---|---|
| Median Home Value | $574,600 | $397,600 | $244,900 |
| Median Rent | $1,621 | $1,439 | $1,163 |
| Median Income | $96,192 | $82,400 | $69,021 |
| Home Value To Income | 6.0x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Gig Harbor, WA Costs By Category
Detailed Gig Harbor Services Costs Vs. Washington
| Item | Gig Harbor | 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 Gig Harbor Groceries Costs Vs. Washington
| Item | Gig Harbor | 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 Gig Harbor Health Costs Vs. Washington
| Item | Gig Harbor | Washington |
|---|---|---|
| Optometrist | $158.73 | $108.57 |
| Doctor | $136.39 | $116.17 |
| Dentist | $143.77 | $99.13 |
Detailed Gig Harbor Transportation Costs Vs. Washington
| Item | Gig Harbor | Washington |
|---|---|---|
| Gasoline | $3.19 | $2.22 |
| Tire Balancing | $66.49 | $50.07 |
Detailed Gig Harbor Utilities Costs Vs. Washington
| Item | Gig Harbor | Washington |
|---|---|---|
| All Electricity | $186.95 | $167.67 |
| Phone | $194.23 | $175.64 |
Gig Harbor SnackAbility
/10
Cost Of Living In Cities Around Gig Harbor
The cost of living varies in the cities and towns around Gig Harbor. 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, 0.8x Gig Harbor.
Lakewood, WA has a cost of living index of 115, 0.8x Gig Harbor.
Bremerton, WA has a cost of living index of 120, 0.9x Gig Harbor.
| City | Population | Cost Of Living | Vs. Gig Harbor |
|---|---|---|---|
| Tacoma, WA | 217,332 | 111 | 0.8x |
| Lakewood, WA | 62,972 | 115 | 0.8x |
| Bremerton, WA | 43,345 | 120 | 0.9x |
| Parkland, WA | 38,092 | 109 | 0.8x |
| Port Orchard, WA | 15,315 | 130 | 0.9x |
| Artondale, WA | 14,495 | 138 | 1.0x |
| Fife, WA | 10,869 | 126 | 0.9x |
| Sumner, WA | 10,545 | 127 | 0.9x |
| Midland, WA | 9,448 | 108 | 0.8x |
| Summit View, WA | 8,593 | 117 | 0.8x |
