Fife, WA Cost Of Living
Cost Of Living In Fife, WA Summary
Cost of living in Fife 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 Fife 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 Fife is 133, with 100 being the average.
The cost of living index in Fife is 1.3x higher than the national average.
Fife ranks as the #98 cheapest in Washington out of 192.
Fife ranks as the #5,125 cheapest out of 6,489 in the US.
The median home value in Fife is $551,756.
The median income in Fife is $90,515.
Table Of Contents
Fife's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fife, WA?
According to the most recent data on the cost of living, Fife has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to Washington, Fife has a cost of living index that's 1.1x higher than Washington's index of 118.
The standard of living in Fife ranks as #98 most affordable out of the 192 places we measured in Washington. By definition, that implies Fife ranks as the #94 most expensive place in the Evergreen State.
For more reading on life in Fife, check out:
In Washington
In America
Fife Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Fife. Here is how it fairs on each of the criteria:
The Services index in Fife is 119.
The Groceries index in Fife is 115.
The Health index in Fife is 126.
The Housing index in Fife is 170.
The Transportation index in Fife is 126.
The Utilities index in Fife is 97.
| Living Expense | Fife | Washington | National Average | |
|---|---|---|---|---|
| Overall | 133 | 118 | 100 | |
| Services | 119 | 111 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 126 | 122 | 100 | |
| Housing | 170 | 135 | 100 | |
| Transportation | 126 | 124 | 100 | |
| Utilities | 97 | 91 | 100 | |
Fife, 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 Fife is $551,756.
The Median Rent in Fife is $1,836.
The Median Income in Fife is $90,515.
The Home Value To Income in Fife is 6.1x.
The Rent To Monthly Income in Fife is 0.24x.
| Statistic | Fife | Washington | United States |
|---|---|---|---|
| Median Home Value | $551,756 | $595,737 | $303,400 |
| Median Rent | $1,836 | $1,682 | $1,348 |
| Median Income | $90,515 | $94,952 | $78,538 |
| Home Value To Income | 6.1x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Fife, WA Costs By Category
Detailed Fife Services Costs Vs. Washington
| Item | Fife | Washington |
|---|---|---|
| Shampoo | $1.38 | $1.28 |
| Movie | $11.92 | $12.13 |
| Bowling | $21.09 | $18 |
| Haircut | $23.76 | $24.26 |
| Beauty Salon | $54.27 | $45.56 |
Detailed Fife Groceries Costs Vs. Washington
| Item | Fife | Washington |
|---|---|---|
| Ground Beef | $5.71 | $5.84 |
| Fried Chicken | $2.55 | $1.57 |
| Milk | $5.14 | $4.67 |
| Potatoes | $3.87 | $4.93 |
| Pizza | $15.13 | $12.09 |
| Beer | $11.74 | $10.41 |
| Toothpaste | $4.15 | $3.7 |
Detailed Fife Health Costs Vs. Washington
| Item | Fife | Washington |
|---|---|---|
| Optometrist | $191.81 | $125.68 |
| Doctor | $192.99 | $135.78 |
| Dentist | $127.12 | $113.29 |
Detailed Fife Transportation Costs Vs. Washington
| Item | Fife | Washington |
|---|---|---|
| Gasoline | $4.2 | $3.46 |
| Tire Balancing | $78.74 | $59.92 |
Detailed Fife Utilities Costs Vs. Washington
| Item | Fife | Washington |
|---|---|---|
| All Electricity | $169.3 | $193.99 |
| Phone | $204.78 | $192.25 |
Fife SnackAbility
/10
Cost Of Living In Cities Around Fife
The cost of living varies in the cities and towns around Fife. 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 Fife.
Lakewood, WA has a cost of living index of 127, 1.0x Fife.
Puyallup, WA has a cost of living index of 135, 1.0x Fife.
| City | Population | Cost Of Living | Vs. Fife |
|---|---|---|---|
| Tacoma, WA | 220,482 | 130 | 1.0x |
| Lakewood, WA | 63,034 | 127 | 1.0x |
| Puyallup, WA | 42,642 | 135 | 1.0x |
| Parkland, WA | 39,174 | 122 | 0.9x |
| Frederickson, WA | 24,219 | 131 | 1.0x |
| Lakeland South, WA | 12,869 | 137 | 1.0x |
| Edgewood, WA | 12,683 | 144 | 1.1x |
| Gig Harbor, WA | 12,202 | 154 | 1.2x |
| Sumner, WA | 10,674 | 134 | 1.0x |
| Summit View, WA | 9,014 | 129 | 1.0x |
