Terrace Heights, WA Cost Of Living
Cost Of Living In Terrace Heights, WA Summary
Cost of living in Terrace Heights 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 Terrace Heights 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 Terrace Heights is 105, with 100 being the average.
The cost of living index in Terrace Heights is 1.1x higher than the national average.
Terrace Heights ranks as the #32 cheapest in Washington out of 192.
Terrace Heights ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Terrace Heights is $268,700.
The median income in Terrace Heights is $74,176.
Table Of Contents
Terrace Heights's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Terrace Heights, WA?
According to the most recent data on the cost of living, Terrace Heights has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Washington, Terrace Heights has a cost of living index that's 0.9x lower than Washington's index of 115.
The standard of living in Terrace Heights ranks as #32 most affordable out of the 192 places we measured in Washington. By definition, that implies Terrace Heights ranks as the #160 most expensive place in the Evergreen State.
For more reading on life in Terrace Heights, check out:
- Living In Terrace Heights
- Search Homes For Sale In Terrace Heights, WA
In Washington
In America
Terrace Heights Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Terrace Heights. Here is how it fairs on each of the criteria:
The Services index in Terrace Heights is 109.
The Groceries index in Terrace Heights is 103.
The Health index in Terrace Heights is 117.
The Housing index in Terrace Heights is 102.
The Transportation index in Terrace Heights is 117.
The Utilities index in Terrace Heights is 84.
| Living Expense | Terrace Heights | Washington | National Average | |
|---|---|---|---|---|
| Overall | 105 | 115 | 100 | |
| Services | 109 | 112 | 100 | |
| Groceries | 103 | 109 | 100 | |
| Health | 117 | 119 | 100 | |
| Housing | 102 | 129 | 100 | |
| Transportation | 117 | 116 | 100 | |
| Utilities | 84 | 90 | 100 | |
Terrace Heights, 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 Terrace Heights is $268,700.
The Median Rent in Terrace Heights is $977.
The Median Income in Terrace Heights is $74,176.
The Home Value To Income in Terrace Heights is 3.6x.
The Rent To Monthly Income in Terrace Heights is 0.16x.
| Statistic | Terrace Heights | Washington | United States |
|---|---|---|---|
| Median Home Value | $268,700 | $397,600 | $244,900 |
| Median Rent | $977 | $1,439 | $1,163 |
| Median Income | $74,176 | $82,400 | $69,021 |
| Home Value To Income | 3.6x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Terrace Heights, WA Costs By Category
Detailed Terrace Heights Services Costs Vs. Washington
| Item | Terrace Heights | Washington |
|---|---|---|
| Shampoo | $1.12 | $1.06 |
| Movie | $11.83 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $17.06 | $18.62 |
| Beauty Salon | $38.81 | $39.05 |
Detailed Terrace Heights Groceries Costs Vs. Washington
| Item | Terrace Heights | Washington |
|---|---|---|
| Ground Beef | $3.99 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $2.06 | $2.05 |
| Potatoes | $3.22 | $3.29 |
| Pizza | $12.27 | $10.62 |
| Beer | $9.96 | $9.38 |
| Toothpaste | $3.32 | $2.34 |
Detailed Terrace Heights Health Costs Vs. Washington
| Item | Terrace Heights | Washington |
|---|---|---|
| Optometrist | $167.09 | $108.57 |
| Doctor | $114.69 | $116.17 |
| Dentist | $125.56 | $99.13 |
Detailed Terrace Heights Transportation Costs Vs. Washington
| Item | Terrace Heights | Washington |
|---|---|---|
| Gasoline | $2.68 | $2.22 |
| Tire Balancing | $56.74 | $50.07 |
Detailed Terrace Heights Utilities Costs Vs. Washington
| Item | Terrace Heights | Washington |
|---|---|---|
| All Electricity | $124.01 | $167.67 |
| Phone | $182.38 | $175.64 |
Terrace Heights SnackAbility
/10
Cost Of Living In Cities Around Terrace Heights
The cost of living varies in the cities and towns around Terrace Heights. Here's a quick look at the cost of living in the most populous nearby places:
Yakima, WA has a cost of living index of 99, 0.9x Terrace Heights.
Ellensburg, WA has a cost of living index of 107, 1.0x Terrace Heights.
Sunnyside, WA has a cost of living index of 93, 0.9x Terrace Heights.
| City | Population | Cost Of Living | Vs. Terrace Heights |
|---|---|---|---|
| Yakima, WA | 96,266 | 99 | 0.9x |
| Ellensburg, WA | 19,215 | 107 | 1.0x |
| Sunnyside, WA | 16,343 | 93 | 0.9x |
| Grandview, WA | 10,894 | 91 | 0.9x |
| Toppenish, WA | 8,843 | 91 | 0.9x |
| Selah, WA | 8,081 | 106 | 1.0x |
| Union Gap, WA | 6,499 | 93 | 0.9x |
