Cost of living in Prairie Ridge 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 Prairie Ridge 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 Prairie Ridge is 123, with 100 being the average.
The cost of living index in Prairie Ridge is 1.2x higher than the national average.
Prairie Ridge ranks as the #95 cheapest in Washington out of 192.
Prairie Ridge ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Prairie Ridge is $325,200.
The median income in Prairie Ridge is $89,928.
According to the most recent data on the cost of living, Prairie Ridge has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Washington, Prairie Ridge has a cost of living index that's 1.1x higher than Washington's index of 115.
The standard of living in Prairie Ridge ranks as #95 most affordable out of the 192 places we measured in Washington. By definition, that implies Prairie Ridge ranks as the #97 most expensive place in the Evergreen State.
For more reading on life in Prairie Ridge, check out:
Six factors go into calculating the cost of living index in Prairie Ridge. Here is how it fairs on each of the criteria:
The Services index in Prairie Ridge is 130.
The Groceries index in Prairie Ridge is 130.
The Health index in Prairie Ridge is 127.
The Housing index in Prairie Ridge is 116.
The Transportation index in Prairie Ridge is 143.
The Utilities index in Prairie Ridge is 111.
Living Expense | Prairie Ridge | Washington | National Average | |
---|---|---|---|---|
Overall | 123 | 115 | 100 | |
Services | 130 | 112 | 100 | |
Groceries | 130 | 109 | 100 | |
Health | 127 | 119 | 100 | |
Housing | 116 | 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 Prairie Ridge is $325,200.
The Median Rent in Prairie Ridge is $1,772.
The Median Income in Prairie Ridge is $89,928.
The Home Value To Income in Prairie Ridge is 3.6x.
The Rent To Monthly Income in Prairie Ridge is 0.24x.
Statistic | Prairie Ridge | Washington | United States |
---|---|---|---|
Median Home Value | $325,200 | $397,600 | $244,900 |
Median Rent | $1,772 | $1,439 | $1,163 |
Median Income | $89,928 | $82,400 | $69,021 |
Home Value To Income | 3.6x | 4.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.21x | 0.2x |
Item | Prairie Ridge | 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 | Prairie Ridge | 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 | Prairie Ridge | Washington |
---|---|---|
Optometrist | $158.73 | $108.57 |
Doctor | $136.39 | $116.17 |
Dentist | $143.77 | $99.13 |
Item | Prairie Ridge | Washington |
---|---|---|
Gasoline | $3.19 | $2.22 |
Tire Balancing | $66.49 | $50.07 |
Item | Prairie Ridge | Washington |
---|---|---|
All Electricity | $186.95 | $167.67 |
Phone | $194.23 | $175.64 |
The cost of living varies in the cities and towns around Prairie Ridge. 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 Prairie Ridge.
Lakewood, WA has a cost of living index of 115, 0.9x Prairie Ridge.
Puyallup, WA has a cost of living index of 120, 1.0x Prairie Ridge.
City | Population | Cost Of Living | Vs. Prairie Ridge |
---|---|---|---|
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 |
Bonney Lake, WA | 22,229 | 137 | 1.1x |
Frederickson, WA | 21,651 | 118 | 1.0x |
Fife, WA | 10,869 | 126 | 1.0x |
Sumner, WA | 10,545 | 127 | 1.0x |
Midland, WA | 9,448 | 108 | 0.9x |
Orting, WA | 8,781 | 115 | 0.9x |