Cost of living in Picnic Point 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 Picnic Point 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 Picnic Point is 147, with 100 being the average.
The cost of living index in Picnic Point is 1.5x higher than the national average.
Picnic Point ranks as the #165 cheapest in Washington out of 192.
Picnic Point ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Picnic Point is $574,000.
The median income in Picnic Point is $117,549.
According to the most recent data on the cost of living, Picnic Point has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Washington, Picnic Point has a cost of living index that's 1.3x higher than Washington's index of 115.
The standard of living in Picnic Point ranks as #165 most affordable out of the 192 places we measured in Washington. By definition, that implies Picnic Point ranks as the #27 most expensive place in the Evergreen State.
For more reading on life in Picnic Point, check out:
Six factors go into calculating the cost of living index in Picnic Point. Here is how it fairs on each of the criteria:
The Services index in Picnic Point is 130.
The Groceries index in Picnic Point is 129.
The Health index in Picnic Point is 129.
The Housing index in Picnic Point is 194.
The Transportation index in Picnic Point is 143.
The Utilities index in Picnic Point is 107.
Living Expense | Picnic Point | Washington | National Average | |
---|---|---|---|---|
Overall | 147 | 115 | 100 | |
Services | 130 | 112 | 100 | |
Groceries | 129 | 109 | 100 | |
Health | 129 | 119 | 100 | |
Housing | 194 | 129 | 100 | |
Transportation | 143 | 116 | 100 | |
Utilities | 107 | 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 Picnic Point is $574,000.
The Median Rent in Picnic Point is $2,057.
The Median Income in Picnic Point is $117,549.
The Home Value To Income in Picnic Point is 4.9x.
The Rent To Monthly Income in Picnic Point is 0.21x.
Statistic | Picnic Point | Washington | United States |
---|---|---|---|
Median Home Value | $574,000 | $397,600 | $244,900 |
Median Rent | $2,057 | $1,439 | $1,163 |
Median Income | $117,549 | $82,400 | $69,021 |
Home Value To Income | 4.9x | 4.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Item | Picnic Point | 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 | Picnic Point | 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 | Picnic Point | Washington |
---|---|---|
Optometrist | $158.73 | $108.57 |
Doctor | $136.39 | $116.17 |
Dentist | $143.77 | $99.13 |
Item | Picnic Point | Washington |
---|---|---|
Gasoline | $3.19 | $2.22 |
Tire Balancing | $66.49 | $50.07 |
Item | Picnic Point | Washington |
---|---|---|
All Electricity | $186.95 | $167.67 |
Phone | $194.23 | $175.64 |
The cost of living varies in the cities and towns around Picnic Point. 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, 0.9x Picnic Point.
Edmonds, WA has a cost of living index of 148, 1.0x Picnic Point.
Lynnwood, WA has a cost of living index of 135, 0.9x Picnic Point.
City | Population | Cost Of Living | Vs. Picnic Point |
---|---|---|---|
Everett, WA | 110,438 | 125 | 0.9x |
Edmonds, WA | 42,622 | 148 | 1.0x |
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 |
Martha Lake, WA | 22,251 | 143 | 1.0x |
Mukilteo, WA | 21,409 | 155 | 1.1x |
Mill Creek, WA | 20,665 | 148 | 1.0x |
Monroe, WA | 19,879 | 131 | 0.9x |