Cost of living in Spokane 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 Spokane 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 Spokane is 103, with 100 being the average.
The cost of living index in Spokane is 1.0x higher than the national average.
Spokane ranks as the #26 cheapest in Washington out of 192.
Spokane ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Spokane is $236,300.
The median income in Spokane is $56,977.
According to the most recent data on the cost of living, Spokane has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Washington, Spokane has a cost of living index that's 0.9x lower than Washington's index of 115.
The standard of living in Spokane ranks as #26 most affordable out of the 192 places we measured in Washington. By definition, that implies Spokane ranks as the #166 most expensive place in the Evergreen State.
For more reading on life in Spokane, check out:
Six factors go into calculating the cost of living index in Spokane. Here is how it fairs on each of the criteria:
The Services index in Spokane is 113.
The Groceries index in Spokane is 101.
The Health index in Spokane is 118.
The Housing index in Spokane is 84.
The Transportation index in Spokane is 112.
The Utilities index in Spokane is 100.
Living Expense | Spokane | Washington | National Average | |
---|---|---|---|---|
Overall | 103 | 115 | 100 | |
Services | 113 | 112 | 100 | |
Groceries | 101 | 109 | 100 | |
Health | 118 | 119 | 100 | |
Housing | 84 | 129 | 100 | |
Transportation | 112 | 116 | 100 | |
Utilities | 100 | 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 Spokane is $236,300.
The Median Rent in Spokane is $956.
The Median Income in Spokane is $56,977.
The Home Value To Income in Spokane is 4.1x.
The Rent To Monthly Income in Spokane is 0.2x.
Statistic | Spokane | Washington | United States |
---|---|---|---|
Median Home Value | $236,300 | $397,600 | $244,900 |
Median Rent | $956 | $1,439 | $1,163 |
Median Income | $56,977 | $82,400 | $69,021 |
Home Value To Income | 4.1x | 4.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
Item | Spokane | Washington |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $13.73 | $10.68 |
Bowling | $17.07 | $14.67 |
Haircut | $21.08 | $18.62 |
Beauty Salon | $33.17 | $39.05 |
Item | Spokane | Washington |
---|---|---|
Ground Beef | $4.02 | $4.22 |
Fried Chicken | $1.36 | $1.39 |
Milk | $2.07 | $2.05 |
Potatoes | $2.82 | $3.29 |
Pizza | $11.89 | $10.62 |
Beer | $9.83 | $9.38 |
Toothpaste | $2.49 | $2.34 |
Item | Spokane | Washington |
---|---|---|
Optometrist | $149.56 | $108.57 |
Doctor | $153.04 | $116.17 |
Dentist | $113.0 | $99.13 |
Item | Spokane | Washington |
---|---|---|
Gasoline | $2.55 | $2.22 |
Tire Balancing | $49.64 | $50.07 |
Item | Spokane | Washington |
---|---|---|
All Electricity | $163.0 | $167.67 |
Phone | $191.51 | $175.64 |
The cost of living varies in the cities and towns around Spokane. Here's a quick look at the cost of living in the most populous nearby places:
Spokane Valley, WA has a cost of living index of 102, 1.0x Spokane.
Cheney, WA has a cost of living index of 104, 1.0x Spokane.
Liberty Lake, WA has a cost of living index of 113, 1.1x Spokane.
City | Population | Cost Of Living | Vs. Spokane |
---|---|---|---|
Spokane Valley, WA | 102,178 | 102 | 1.0x |
Cheney, WA | 12,743 | 104 | 1.0x |
Liberty Lake, WA | 11,647 | 113 | 1.1x |
Airway Heights, WA | 10,108 | 99 | 1.0x |
Mead, WA | 7,146 | 105 | 1.0x |
Country Homes, WA | 6,148 | 106 | 1.0x |
Otis Orchards-East Farms, WA | 6,133 | 106 | 1.0x |
Town and Country, WA | 5,479 | 102 | 1.0x |