Hoquiam, WA Cost Of Living
Cost Of Living In Hoquiam, WA Summary
Cost of living in Hoquiam 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 Hoquiam 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 Hoquiam is 102, with 100 being the average.
The cost of living index in Hoquiam is 1.0x higher than the national average.
Hoquiam ranks as the #12 cheapest in Washington out of 192.
Hoquiam ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Hoquiam is $244,019.
The median income in Hoquiam is $51,754.
Table Of Contents
Hoquiam's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hoquiam, WA?
According to the most recent data on the cost of living, Hoquiam has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Washington, Hoquiam has a cost of living index that's 0.9x lower than Washington's index of 118.
The standard of living in Hoquiam ranks as #12 most affordable out of the 192 places we measured in Washington. By definition, that implies Hoquiam ranks as the #180 most expensive place in the Evergreen State.
For more reading on life in Hoquiam, check out:
In Washington
In America
Hoquiam Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Hoquiam. Here is how it fairs on each of the criteria:
The Services index in Hoquiam is 111.
The Groceries index in Hoquiam is 107.
The Health index in Hoquiam is 125.
The Housing index in Hoquiam is 74.
The Transportation index in Hoquiam is 126.
The Utilities index in Hoquiam is 99.
| Living Expense | Hoquiam | Washington | National Average | |
|---|---|---|---|---|
| Overall | 102 | 118 | 100 | |
| Services | 111 | 111 | 100 | |
| Groceries | 107 | 112 | 100 | |
| Health | 125 | 122 | 100 | |
| Housing | 74 | 135 | 100 | |
| Transportation | 126 | 124 | 100 | |
| Utilities | 99 | 91 | 100 | |
Hoquiam, 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 Hoquiam is $244,019.
The Median Rent in Hoquiam is $1,011.
The Median Income in Hoquiam is $51,754.
The Home Value To Income in Hoquiam is 4.7x.
The Rent To Monthly Income in Hoquiam is 0.23x.
| Statistic | Hoquiam | Washington | United States |
|---|---|---|---|
| Median Home Value | $244,019 | $595,737 | $303,400 |
| Median Rent | $1,011 | $1,682 | $1,348 |
| Median Income | $51,754 | $94,952 | $78,538 |
| Home Value To Income | 4.7x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Hoquiam, WA Costs By Category
Detailed Hoquiam Services Costs Vs. Washington
| Item | Hoquiam | Washington |
|---|---|---|
| Shampoo | $1.21 | $1.28 |
| Movie | $10.25 | $12.13 |
| Bowling | $13.08 | $18 |
| Haircut | $24.33 | $24.26 |
| Beauty Salon | $30.83 | $45.56 |
Detailed Hoquiam Groceries Costs Vs. Washington
| Item | Hoquiam | Washington |
|---|---|---|
| Ground Beef | $5.83 | $5.84 |
| Fried Chicken | $2.44 | $1.57 |
| Milk | $4.86 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $14.32 | $12.09 |
| Beer | $11.62 | $10.41 |
| Toothpaste | $3.47 | $3.7 |
Detailed Hoquiam Health Costs Vs. Washington
| Item | Hoquiam | Washington |
|---|---|---|
| Optometrist | $155.39 | $125.68 |
| Doctor | $188.5 | $135.78 |
| Dentist | $117.89 | $113.29 |
Detailed Hoquiam Transportation Costs Vs. Washington
| Item | Hoquiam | Washington |
|---|---|---|
| Gasoline | $4.37 | $3.46 |
| Tire Balancing | $69.72 | $59.92 |
Detailed Hoquiam Utilities Costs Vs. Washington
| Item | Hoquiam | Washington |
|---|---|---|
| All Electricity | $126.2 | $193.99 |
| Phone | $189.62 | $192.25 |
Hoquiam SnackAbility
/10
Cost Of Living In Cities Around Hoquiam
The cost of living varies in the cities and towns around Hoquiam. Here's a quick look at the cost of living in the most populous nearby places:
Olympia, WA has a cost of living index of 128, 1.3x Hoquiam.
Tumwater, WA has a cost of living index of 127, 1.2x Hoquiam.
Centralia, WA has a cost of living index of 108, 1.1x Hoquiam.
| City | Population | Cost Of Living | Vs. Hoquiam |
|---|---|---|---|
| Olympia, WA | 55,583 | 128 | 1.3x |
| Tumwater, WA | 26,519 | 127 | 1.2x |
| Centralia, WA | 18,457 | 108 | 1.1x |
| Aberdeen, WA | 17,040 | 105 | 1.0x |
| Shelton, WA | 10,619 | 112 | 1.1x |
| Chehalis, WA | 7,536 | 111 | 1.1x |
| Ocean Shores, WA | 7,076 | 118 | 1.2x |
