Fairwood CDP (Spokane County), WA Cost Of Living
Cost Of Living In Fairwood CDP (Spokane County), WA Summary
Cost of living in Fairwood CDP (Spokane County) 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 Fairwood CDP (Spokane County) 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 Fairwood CDP (Spokane County) is 116, with 100 being the average.
The cost of living index in Fairwood CDP (Spokane County) is 1.2x higher than the national average.
Fairwood CDP (Spokane County) ranks as the #41 cheapest in Washington out of 192.
Fairwood CDP (Spokane County) ranks as the #4,151 cheapest out of 6,489 in the US.
The median home value in Fairwood CDP (Spokane County) is $498,778.
The median income in Fairwood CDP (Spokane County) is $84,911.
Table Of Contents
Fairwood CDP (Spokane County)'s Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fairwood CDP (Spokane County), WA?
According to the most recent data on the cost of living, Fairwood CDP (Spokane County) has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Washington, Fairwood CDP (Spokane County) has a cost of living index that's 1.0x lower than Washington's index of 119.
The standard of living in Fairwood CDP (Spokane County) ranks as #41 most affordable out of the 192 places we measured in Washington. By definition, that implies Fairwood CDP (Spokane County) ranks as the #151 most expensive place in the Evergreen State.
For more reading on life in Fairwood CDP (Spokane County), check out:
In Washington
In America
Fairwood CDP (Spokane County) Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Fairwood CDP (Spokane County). Here is how it fairs on each of the criteria:
The Services index in Fairwood CDP (Spokane County) is 115.
The Groceries index in Fairwood CDP (Spokane County) is 114.
The Health index in Fairwood CDP (Spokane County) is 114.
The Housing index in Fairwood CDP (Spokane County) is 114.
The Transportation index in Fairwood CDP (Spokane County) is 127.
The Utilities index in Fairwood CDP (Spokane County) is 99.
| Living Expense | Fairwood CDP (Spokane County) | Washington | National Average | |
|---|---|---|---|---|
| Overall | 116 | 119 | 100 | |
| Services | 115 | 112 | 100 | |
| Groceries | 114 | 110 | 100 | |
| Health | 114 | 119 | 100 | |
| Housing | 114 | 136 | 100 | |
| Transportation | 127 | 123 | 100 | |
| Utilities | 99 | 94 | 100 | |
Fairwood CDP (Spokane County), 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 Fairwood CDP (Spokane County) is $498,778.
The Median Rent in Fairwood CDP (Spokane County) is $1,191.
The Median Income in Fairwood CDP (Spokane County) is $84,911.
The Home Value To Income in Fairwood CDP (Spokane County) is 5.9x.
The Rent To Monthly Income in Fairwood CDP (Spokane County) is 0.17x.
| Statistic | Fairwood CDP (Spokane County) | Washington | United States |
|---|---|---|---|
| Median Home Value | $498,778 | $595,737 | $303,400 |
| Median Rent | $1,191 | $1,682 | $1,348 |
| Median Income | $84,911 | $94,952 | $78,538 |
| Home Value To Income | 5.9x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Fairwood CDP (Spokane County), WA Costs By Category
Detailed Fairwood CDP (Spokane County) Services Costs Vs. Washington
| Item | Fairwood CDP (Spokane County) | Washington |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $11.87 | $12.13 |
| Bowling | $17.56 | $18.0 |
| Haircut | $32.12 | $24.26 |
| Beauty Salon | $43.48 | $45.56 |
Detailed Fairwood CDP (Spokane County) Groceries Costs Vs. Washington
| Item | Fairwood CDP (Spokane County) | 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 Fairwood CDP (Spokane County) Health Costs Vs. Washington
| Item | Fairwood CDP (Spokane County) | Washington |
|---|---|---|
| Optometrist | $242.14 | $125.68 |
| Doctor | $139.77 | $135.78 |
| Dentist | $164.3 | $113.29 |
Detailed Fairwood CDP (Spokane County) Transportation Costs Vs. Washington
| Item | Fairwood CDP (Spokane County) | Washington |
|---|---|---|
| Gasoline | $4.39 | $3.46 |
| Tire Balancing | $77.69 | $59.92 |
Detailed Fairwood CDP (Spokane County) Utilities Costs Vs. Washington
| Item | Fairwood CDP (Spokane County) | Washington |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $207.11 | $192.25 |
Fairwood Cdp (Spokane County) SnackAbility
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