Cost of living in Lake Shore 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 Lake Shore 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 Lake Shore is 124, with 100 being the average.
The cost of living index in Lake Shore is 1.2x higher than the national average.
Lake Shore ranks as the #99 cheapest in Washington out of 192.
Lake Shore ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Lake Shore is $411,500.
The median income in Lake Shore is $127,292.
According to the most recent data on the cost of living, Lake Shore has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Washington, Lake Shore has a cost of living index that's 1.1x higher than Washington's index of 115.
The standard of living in Lake Shore ranks as #99 most affordable out of the 192 places we measured in Washington. By definition, that implies Lake Shore ranks as the #93 most expensive place in the Evergreen State.
For more reading on life in Lake Shore, check out:
Six factors go into calculating the cost of living index in Lake Shore. Here is how it fairs on each of the criteria:
The Services index in Lake Shore is 118.
The Groceries index in Lake Shore is 113.
The Health index in Lake Shore is 116.
The Housing index in Lake Shore is 143.
The Transportation index in Lake Shore is 130.
The Utilities index in Lake Shore is 88.
Living Expense | Lake Shore | Washington | National Average | |
---|---|---|---|---|
Overall | 124 | 115 | 100 | |
Services | 118 | 112 | 100 | |
Groceries | 113 | 109 | 100 | |
Health | 116 | 119 | 100 | |
Housing | 143 | 129 | 100 | |
Transportation | 130 | 116 | 100 | |
Utilities | 88 | 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 Lake Shore is $411,500.
The Median Rent in Lake Shore is $1,994.
The Median Income in Lake Shore is $127,292.
The Home Value To Income in Lake Shore is 3.2x.
The Rent To Monthly Income in Lake Shore is 0.19x.
Statistic | Lake Shore | Washington | United States |
---|---|---|---|
Median Home Value | $411,500 | $397,600 | $244,900 |
Median Rent | $1,994 | $1,439 | $1,163 |
Median Income | $127,292 | $82,400 | $69,021 |
Home Value To Income | 3.2x | 4.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Item | Lake Shore | Washington |
---|---|---|
Shampoo | $1.23 | $1.06 |
Movie | $11.1 | $10.68 |
Bowling | $19.95 | $14.67 |
Haircut | $33.67 | $18.62 |
Beauty Salon | $56.44 | $39.05 |
Item | Lake Shore | Washington |
---|---|---|
Ground Beef | $4.74 | $4.22 |
Fried Chicken | $1.58 | $1.39 |
Milk | $2.12 | $2.05 |
Potatoes | $2.34 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $11.24 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | Lake Shore | Washington |
---|---|---|
Optometrist | $146.25 | $108.57 |
Doctor | $168.67 | $116.17 |
Dentist | $101.75 | $99.13 |
Item | Lake Shore | Washington |
---|---|---|
Gasoline | $2.78 | $2.22 |
Tire Balancing | $68.4 | $50.07 |
Item | Lake Shore | Washington |
---|---|---|
All Electricity | $143.85 | $167.67 |
Phone | $170.53 | $175.64 |
The cost of living varies in the cities and towns around Lake Shore. Here's a quick look at the cost of living in the most populous nearby places:
Vancouver, WA has a cost of living index of 116, 0.9x Lake Shore.
Camas, WA has a cost of living index of 130, 1.0x Lake Shore.
Hazel Dell, WA has a cost of living index of 116, 0.9x Lake Shore.
City | Population | Cost Of Living | Vs. Lake Shore |
---|---|---|---|
Vancouver, WA | 188,331 | 116 | 0.9x |
Camas, WA | 25,774 | 130 | 1.0x |
Hazel Dell, WA | 21,650 | 116 | 0.9x |
Battle Ground, WA | 20,536 | 117 | 0.9x |
Five Corners, WA | 20,428 | 114 | 0.9x |
Salmon Creek, WA | 19,809 | 118 | 1.0x |
Washougal, WA | 16,664 | 116 | 0.9x |
Minnehaha, WA | 11,508 | 119 | 1.0x |
Felida, WA | 10,389 | 137 | 1.1x |
Columbia, PA | 10,243 | 91 | 0.7x |