Cost of living in Grandview 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 Grandview 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 Grandview is 91, with 100 being the average.
The cost of living index in Grandview is 0.9x lower than the national average.
Grandview ranks as the #1 cheapest in Washington out of 192.
Grandview ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Grandview is $155,400.
The median income in Grandview is $52,500.
According to the most recent data on the cost of living, Grandview has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Washington, Grandview has a cost of living index that's 0.8x lower than Washington's index of 115.
The standard of living in Grandview ranks as #1 most affordable out of the 192 places we measured in Washington. By definition, that implies Grandview ranks as the #191 most expensive place in the Evergreen State.
For more reading on life in Grandview, check out:
Six factors go into calculating the cost of living index in Grandview. Here is how it fairs on each of the criteria:
The Services index in Grandview is 98.
The Groceries index in Grandview is 104.
The Health index in Grandview is 128.
The Housing index in Grandview is 70.
The Transportation index in Grandview is 114.
The Utilities index in Grandview is 99.
|Living Expense||Grandview||Washington||National Average|
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 Grandview is $155,400.
The Median Rent in Grandview is $905.
The Median Income in Grandview is $52,500.
The Home Value To Income in Grandview is 3.0x.
The Rent To Monthly Income in Grandview is 0.21x.
|Median Home Value||$155,400||$397,600||$244,900|
|Home Value To Income||3.0x||4.8x||3.5x|
|Rent To Monthly Income||0.21x||0.21x||0.2x|
The cost of living varies in the cities and towns around Grandview. 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, 1.1x Grandview.
Kennewick, WA has a cost of living index of 101, 1.1x Grandview.
Pasco, WA has a cost of living index of 100, 1.1x Grandview.
|City||Population||Cost Of Living||Vs. Grandview|
|West Richland, WA||15,988||105||1.2x|
|Union Gap, WA||6,499||93||1.0x|