Lacey, WA Cost Of Living
Cost Of Living In Lacey, WA Summary
Cost of living in Lacey 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 Lacey 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 Lacey is 126, with 100 being the average.
The cost of living index in Lacey is 1.3x higher than the national average.
Lacey ranks as the #71 cheapest in Washington out of 192.
Lacey ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Lacey is $506,909.
The median income in Lacey is $87,277.
Table Of Contents
Lacey's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lacey, WA?
According to the most recent data on the cost of living, Lacey has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Washington, Lacey has a cost of living index that's 1.1x higher than Washington's index of 118.
The standard of living in Lacey ranks as #71 most affordable out of the 192 places we measured in Washington. By definition, that implies Lacey ranks as the #121 most expensive place in the Evergreen State.
For more reading on life in Lacey, check out:
In Washington
In America
Lacey Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Lacey. Here is how it fairs on each of the criteria:
The Services index in Lacey is 114.
The Groceries index in Lacey is 110.
The Health index in Lacey is 121.
The Housing index in Lacey is 153.
The Transportation index in Lacey is 127.
The Utilities index in Lacey is 97.
| Living Expense | Lacey | Washington | National Average | |
|---|---|---|---|---|
| Overall | 126 | 118 | 100 | |
| Services | 114 | 111 | 100 | |
| Groceries | 110 | 112 | 100 | |
| Health | 121 | 122 | 100 | |
| Housing | 153 | 135 | 100 | |
| Transportation | 127 | 124 | 100 | |
| Utilities | 97 | 91 | 100 | |
Lacey, 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 Lacey is $506,909.
The Median Rent in Lacey is $1,805.
The Median Income in Lacey is $87,277.
The Home Value To Income in Lacey is 5.8x.
The Rent To Monthly Income in Lacey is 0.25x.
| Statistic | Lacey | Washington | United States |
|---|---|---|---|
| Median Home Value | $506,909 | $595,737 | $303,400 |
| Median Rent | $1,805 | $1,682 | $1,348 |
| Median Income | $87,277 | $94,952 | $78,538 |
| Home Value To Income | 5.8x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Lacey, WA Costs By Category
Detailed Lacey Services Costs Vs. Washington
| Item | Lacey | 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 Lacey Groceries Costs Vs. Washington
| Item | Lacey | 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 Lacey Health Costs Vs. Washington
| Item | Lacey | Washington |
|---|---|---|
| Optometrist | $155.39 | $125.68 |
| Doctor | $188.5 | $135.78 |
| Dentist | $117.89 | $113.29 |
Detailed Lacey Transportation Costs Vs. Washington
| Item | Lacey | Washington |
|---|---|---|
| Gasoline | $4.37 | $3.46 |
| Tire Balancing | $69.72 | $59.92 |
Detailed Lacey Utilities Costs Vs. Washington
| Item | Lacey | Washington |
|---|---|---|
| All Electricity | $126.2 | $193.99 |
| Phone | $189.62 | $192.25 |
Lacey SnackAbility
/10
Cost Of Living In Cities Around Lacey
The cost of living varies in the cities and towns around Lacey. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, WA has a cost of living index of 127, 1.0x Lacey.
Olympia, WA has a cost of living index of 128, 1.0x Lacey.
Parkland, WA has a cost of living index of 122, 1.0x Lacey.
| City | Population | Cost Of Living | Vs. Lacey |
|---|---|---|---|
| Lakewood, WA | 63,034 | 127 | 1.0x |
| Olympia, WA | 55,583 | 128 | 1.0x |
| Parkland, WA | 39,174 | 122 | 1.0x |
| Spanaway, WA | 34,322 | 125 | 1.0x |
| Tumwater, WA | 26,519 | 127 | 1.0x |
| Artondale, WA | 14,051 | 151 | 1.2x |
| Fort Lewis, WA | 13,983 | 137 | 1.1x |
| Shelton, WA | 10,619 | 112 | 0.9x |
| Yelm, WA | 10,618 | 123 | 1.0x |
| DuPont, WA | 9,952 | 137 | 1.1x |
