Hobart, WA Cost Of Living
Cost Of Living In Hobart, WA Summary
Cost of living in Hobart 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 Hobart 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 Hobart is 167, with 100 being the average.
The cost of living index in Hobart is 1.7x higher than the national average.
Hobart ranks as the #171 cheapest in Washington out of 192.
Hobart ranks as the #6,016 cheapest out of 6,489 in the US.
The median home value in Hobart is $1,024,261.
The median income in Hobart is $149,635.
Table Of Contents
Hobart's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hobart, WA?
According to the most recent data on the cost of living, Hobart has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.
Compared to Washington, Hobart has a cost of living index that's 1.4x higher than Washington's index of 118.
The standard of living in Hobart ranks as #171 most affordable out of the 192 places we measured in Washington. By definition, that implies Hobart ranks as the #21 most expensive place in the Evergreen State.
For more reading on life in Hobart, check out:
In Washington
In America
Hobart Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Hobart. Here is how it fairs on each of the criteria:
The Services index in Hobart is 113.
The Groceries index in Hobart is 116.
The Health index in Hobart is 116.
The Housing index in Hobart is 292.
The Transportation index in Hobart is 124.
The Utilities index in Hobart is 99.
| Living Expense | Hobart | Washington | National Average | |
|---|---|---|---|---|
| Overall | 167 | 118 | 100 | |
| Services | 113 | 111 | 100 | |
| Groceries | 116 | 112 | 100 | |
| Health | 116 | 122 | 100 | |
| Housing | 292 | 135 | 100 | |
| Transportation | 124 | 124 | 100 | |
| Utilities | 99 | 91 | 100 | |
Hobart, 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 Hobart is $1,024,261.
The Median Rent in Hobart is $2,307.
The Median Income in Hobart is $149,635.
The Home Value To Income in Hobart is 6.8x.
The Rent To Monthly Income in Hobart is 0.19x.
| Statistic | Hobart | Washington | United States |
|---|---|---|---|
| Median Home Value | $1,024,261 | $595,737 | $303,400 |
| Median Rent | $2,307 | $1,682 | $1,348 |
| Median Income | $149,635 | $94,952 | $78,538 |
| Home Value To Income | 6.8x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Hobart, WA Costs By Category
Detailed Hobart Services Costs Vs. Washington
| Item | Hobart | 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 Hobart Groceries Costs Vs. Washington
| Item | Hobart | 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 Hobart Health Costs Vs. Washington
| Item | Hobart | Washington |
|---|---|---|
| Optometrist | $242.14 | $125.68 |
| Doctor | $139.77 | $135.78 |
| Dentist | $164.3 | $113.29 |
Detailed Hobart Transportation Costs Vs. Washington
| Item | Hobart | Washington |
|---|---|---|
| Gasoline | $4.39 | $3.46 |
| Tire Balancing | $77.69 | $59.92 |
Detailed Hobart Utilities Costs Vs. Washington
| Item | Hobart | Washington |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $207.11 | $192.25 |
Hobart SnackAbility
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Cost Of Living In Cities Around Hobart
The cost of living varies in the cities and towns around Hobart. Here's a quick look at the cost of living in the most populous nearby places:
Kent, WA has a cost of living index of 137, 0.8x Hobart.
Auburn, WA has a cost of living index of 134, 0.8x Hobart.
SeaTac, WA has a cost of living index of 132, 0.8x Hobart.
| City | Population | Cost Of Living | Vs. Hobart |
|---|---|---|---|
| Kent, WA | 135,015 | 137 | 0.8x |
| Auburn, WA | 85,455 | 134 | 0.8x |
| SeaTac, WA | 31,143 | 132 | 0.8x |
| Maple Valley, WA | 28,121 | 150 | 0.9x |
| Bonney Lake, WA | 22,776 | 136 | 0.8x |
| Tukwila, WA | 21,479 | 129 | 0.8x |
| Covington, WA | 20,957 | 139 | 0.8x |
| Edgewood, WA | 12,683 | 144 | 0.9x |
| Lake Tapps, WA | 12,360 | 145 | 0.9x |
| East Renton Highlands, WA | 12,241 | 164 | 1.0x |
