Bonney Lake, WA Cost Of Living
Cost Of Living In Bonney Lake, WA Summary
Cost of living in Bonney Lake 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 Bonney Lake 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 Bonney Lake is 136, with 100 being the average.
The cost of living index in Bonney Lake is 1.4x higher than the national average.
Bonney Lake ranks as the #113 cheapest in Washington out of 192.
Bonney Lake ranks as the #5,256 cheapest out of 6,489 in the US.
The median home value in Bonney Lake is $673,267.
The median income in Bonney Lake is $131,524.
Table Of Contents
Bonney Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bonney Lake, WA?
According to the most recent data on the cost of living, Bonney Lake has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.
Compared to Washington, Bonney Lake has a cost of living index that's 1.2x higher than Washington's index of 118.
The standard of living in Bonney Lake ranks as #113 most affordable out of the 192 places we measured in Washington. By definition, that implies Bonney Lake ranks as the #79 most expensive place in the Evergreen State.
For more reading on life in Bonney Lake, check out:
In Washington
In America
Bonney Lake Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Bonney Lake. Here is how it fairs on each of the criteria:
The Services index in Bonney Lake is 115.
The Groceries index in Bonney Lake is 114.
The Health index in Bonney Lake is 117.
The Housing index in Bonney Lake is 192.
The Transportation index in Bonney Lake is 124.
The Utilities index in Bonney Lake is 98.
| Living Expense | Bonney Lake | Washington | National Average | |
|---|---|---|---|---|
| Overall | 136 | 118 | 100 | |
| Services | 115 | 111 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 117 | 122 | 100 | |
| Housing | 192 | 135 | 100 | |
| Transportation | 124 | 124 | 100 | |
| Utilities | 98 | 91 | 100 | |
Bonney Lake, 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 2019-2023. The key points are:
The Median Home Value in Bonney Lake is $673,267.
The Median Rent in Bonney Lake is $2,212.
The Median Income in Bonney Lake is $131,524.
The Home Value To Income in Bonney Lake is 5.1x.
The Rent To Monthly Income in Bonney Lake is 0.2x.
| Statistic | Bonney Lake | Washington | United States |
|---|---|---|---|
| Median Home Value | $673,267 | $595,737 | $303,400 |
| Median Rent | $2,212 | $1,682 | $1,348 |
| Median Income | $131,524 | $94,952 | $78,538 |
| Home Value To Income | 5.1x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Bonney Lake, WA Costs By Category
Detailed Bonney Lake Services Costs Vs. Washington
| Item | Bonney Lake | Washington |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $11.87 | $12.13 |
| Bowling | $17.56 | $18 |
| Haircut | $32.12 | $24.26 |
| Beauty Salon | $43.48 | $45.56 |
Detailed Bonney Lake Groceries Costs Vs. Washington
| Item | Bonney Lake | Washington |
|---|---|---|
| Ground Beef | $5.66 | $5.84 |
| Fried Chicken | $2.78 | $1.57 |
| Milk | $4.85 | $4.67 |
| Potatoes | $4.43 | $4.93 |
| Pizza | $14.86 | $12.09 |
| Beer | $11.77 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Bonney Lake Health Costs Vs. Washington
| Item | Bonney Lake | Washington |
|---|---|---|
| Optometrist | $242.14 | $125.68 |
| Doctor | $139.77 | $135.78 |
| Dentist | $164.3 | $113.29 |
Detailed Bonney Lake Transportation Costs Vs. Washington
| Item | Bonney Lake | Washington |
|---|---|---|
| Gasoline | $4.39 | $3.46 |
| Tire Balancing | $77.69 | $59.92 |
Detailed Bonney Lake Utilities Costs Vs. Washington
| Item | Bonney Lake | Washington |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $207.11 | $192.25 |
Bonney Lake SnackAbility
/10
Cost Of Living In Cities Around Bonney Lake
The cost of living varies in the cities and towns around Bonney Lake. 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 130, 1.0x Bonney Lake.
Lakewood, WA has a cost of living index of 127, 0.9x Bonney Lake.
Puyallup, WA has a cost of living index of 135, 1.0x Bonney Lake.
| City | Population | Cost Of Living | Vs. Bonney Lake |
|---|---|---|---|
| Tacoma, WA | 220,482 | 130 | 1.0x |
| Lakewood, WA | 63,034 | 127 | 0.9x |
| Puyallup, WA | 42,642 | 135 | 1.0x |
| Parkland, WA | 39,174 | 122 | 0.9x |
| Frederickson, WA | 24,219 | 131 | 1.0x |
| Lake Tapps, WA | 12,360 | 145 | 1.1x |
| Prairie Ridge, WA | 12,054 | 132 | 1.0x |
| Fife, WA | 10,902 | 133 | 1.0x |
| Sumner, WA | 10,674 | 134 | 1.0x |
| Summit View, WA | 9,014 | 129 | 0.9x |
