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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Spokane might be more expensive than living in rural Washington, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Spokane neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Spokane are the cheapest.
The Cheapest Neighborhoods In Spokane For 2022
What's the cheapest neighborhood to live in Spokane for 2022? According to the most recent census data, North Indian Trail looks to be the cheaptest Spokane neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Spokane. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Spokane that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Spokane.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Washington reading, check out:
- Best Places To Live In Washington
- Cheapest Places To Live In Washington
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Spokane For 2022
/10
Population: 7,003
Cost Of Living Index: 109 (19th cheapest)
Home Value To Income Ratio: 2.9 (4th cheapest)
Rent To Income Ratio: 0.009 (cheapest)
More on North Indian Trail: Homes For Sale | Data
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Population: 7,536
Cost Of Living Index: 96 (7th cheapest)
Home Value To Income Ratio: 2.9 (2nd cheapest)
Rent To Income Ratio: 0.02 (15th cheapest)
More on Hillyard: Homes For Sale | Data
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Population: 12,470
Cost Of Living Index: 100 (12th cheapest)
Home Value To Income Ratio: 2.9 (3rd cheapest)
Rent To Income Ratio: 0.018 (12th cheapest)
More on North Hill: Homes For Sale | Data
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Population: 10,881
Cost Of Living Index: 93 (2nd cheapest)
Home Value To Income Ratio: 2.6 (cheapest)
Rent To Income Ratio: 0.024 (24th cheapest)
More on Logan: Homes For Sale | Data
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Population: 21,532
Cost Of Living Index: 103 (15th cheapest)
Home Value To Income Ratio: 3.0 (5th cheapest)
Rent To Income Ratio: 0.015 (8th cheapest)
More on Northwest: Homes For Sale | Data
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Population: 9,040
Cost Of Living Index: 93 (2nd cheapest)
Home Value To Income Ratio: 3.0 (6th cheapest)
Rent To Income Ratio: 0.022 (2cheapest)
More on Emersongarfield: Homes For Sale | Data
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Population: 4,778
Cost Of Living Index: 112 (22nd cheapest)
Home Value To Income Ratio: 3.1 (7th cheapest)
Rent To Income Ratio: 0.009 (2nd cheapest)
More on Manitocannon Hill: Homes For Sale | Data
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Population: 8,122
Cost Of Living Index: 93 (2nd cheapest)
Home Value To Income Ratio: 3.1 (8th cheapest)
Rent To Income Ratio: 0.023 (23rd cheapest)
More on West Central: Homes For Sale | Data
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Population: 7,551
Cost Of Living Index: 96 (7th cheapest)
Home Value To Income Ratio: 3.2 (14th cheapest)
Rent To Income Ratio: 0.02 (16th cheapest)
More on Bemiss: Homes For Sale | Data
/10
Population: 10,618
Cost Of Living Index: 101 (14th cheapest)
Home Value To Income Ratio: 3.2 (13th cheapest)
Rent To Income Ratio: 0.02 (13th cheapest)
More on East Central: Homes For Sale | Data
Methodology: How We Determined The Cheapest Spokane Hoods In 2022
In order to rank the cheapest places to live in Spokane, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 27 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Spokane." We're lookin' at you, North Indian Trail.
Read on below to learn more about what it's like to live in the cheapest places Spokane. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Spokane
If you're measuring the neighborhoods in Spokane where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Spokane aren't all cheap. West Hills takes the title of the most expensive neighborhood to live in Spokane.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Washington reading, check out:
- Most Dangerous Cities In Washington
- Richest Cities In Washington
- Safest Places In Washington
- Worst Places To Live In Washington
Detailed List Of The Cheapest Neighborhoods To Live In Spokane For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | North Indian Trail | 109 |
2 | Hillyard | 96 |
3 | North Hill | 100 |
4 | Logan | 93 |
5 | Northwest | 103 |
6 | Emersongarfield | 93 |
7 | Manitocannon Hill | 112 |
8 | West Central | 93 |
9 | Bemiss | 96 |
10 | East Central | 101 |
11 | Minnehaha | 100 |
12 | Lincoln Heights | 106 |
13 | Whitman | 95 |
14 | Nevadalidgerwood | 94 |
15 | Comstock | 113 |
16 | Balboasouth Indian Trail | 111 |
17 | Thorpewestwood | 100 |
18 | Latah Valley | 105 |
19 | Cliffcannon | 106 |
20 | Five Mileprairie | 126 |
21 | Peaceful Valley | 96 |
22 | Moran Prairie | 112 |
23 | Rockwood | 116 |
24 | Chief Garry Park | 98 |
25 | Riverside | 97 |
26 | Brownes Addition | 110 |
27 | West Hills | 113 |