Lacey, WA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 116, with 100 being the average.

  • The cost of living index in Lacey is 1.2x higher than the national average.

  • Lacey ranks as the #69 cheapest in Washington out of 192.

  • Lacey ranks as the #4,558 cheapest out of 6,412 in the US.

  • The median home value in Lacey is $310,600.

  • The median income in Lacey is $75,059.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
116
Lacey's Overall Cost Of Living
1.2x
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 116, which is 1.2x higher than the national index of 100.

Compared to Washington, Lacey has a cost of living index that's 1.0x higher than Washington's index of 115.

The standard of living in Lacey ranks as #69 most affordable out of the 192 places we measured in Washington. By definition, that implies Lacey ranks as the #123 most expensive place in the Evergreen State.

For more reading on life in Lacey, check out:

69 out of 192
In Washington
4,558 out of 6,412
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 109.

  • The Groceries index in Lacey is 117.

  • The Health index in Lacey is 125.

  • The Housing index in Lacey is 125.

  • The Transportation index in Lacey is 132.

  • The Utilities index in Lacey is 94.

Living Expense Lacey Washington National Average
Overall 116 115 100
Services 109 112 100
Groceries 117 109 100
Health 125 119 100
Housing 125 129 100
Transportation 132 116 100
Utilities 94 90 100
For more reading on cost of living around Washington, check out:
Lacey Cost of Living Vs. WA

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 2017-2021. The key points are:

  • The Median Home Value in Lacey is $310,600.

  • The Median Rent in Lacey is $1,550.

  • The Median Income in Lacey is $75,059.

  • The Home Value To Income in Lacey is 4.1x.

  • The Rent To Monthly Income in Lacey is 0.25x.

Statistic Lacey Washington United States
Median Home Value $310,600 $397,600 $244,900
Median Rent $1,550 $1,439 $1,163
Median Income $75,059 $82,400 $69,021
Home Value To Income 4.1x 4.8x 3.5x
Rent To Monthly Income 0.25x 0.21x 0.2x
Search Homes For Sale In Lacey, WA
$310,600
Median Home Value
$1,550
Median Rent
$75,059
Median Income

Lacey, WA Costs By Category

Detailed Lacey Services Costs Vs. Washington

Item Lacey Washington
Shampoo $1.28 $1.06
Movie $10.77 $10.68
Bowling $14.67 $14.67
Haircut $23.8 $18.62
Beauty Salon $36.61 $39.05

Detailed Lacey Groceries Costs Vs. Washington

Item Lacey Washington
Ground Beef $5.43 $4.22
Fried Chicken $1.59 $1.39
Milk $2.35 $2.05
Potatoes $3.17 $3.29
Pizza $12.99 $10.62
Beer $10.22 $9.38
Toothpaste $2.79 $2.34

Detailed Lacey Health Costs Vs. Washington

Item Lacey Washington
Optometrist $196.22 $108.57
Doctor $133.79 $116.17
Dentist $131.09 $99.13

Detailed Lacey Transportation Costs Vs. Washington

Item Lacey Washington
Gasoline $2.92 $2.22
Tire Balancing $68.92 $50.07

Detailed Lacey Utilities Costs Vs. Washington

Item Lacey Washington
All Electricity $135.4 $167.67
Phone $198.87 $175.64

Lacey SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
5
Diversity
9
Safety
6
Amenities
9
Education
8.5
Commute
6

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 115, 1.0x Lacey.

  • Olympia, WA has a cost of living index of 115, 1.0x Lacey.

  • Parkland, WA has a cost of living index of 109, 0.9x Lacey.

City Population Cost Of Living Vs. Lacey
Lakewood, WA 62,972 115 1.0x
Olympia, WA 54,579 115 1.0x
Parkland, WA 38,092 109 0.9x
Spanaway, WA 34,670 114 1.0x
Tumwater, WA 24,855 114 1.0x
Artondale, WA 14,495 138 1.2x
Fort Lewis, WA 12,773 127 1.1x
Shelton, WA 10,288 104 0.9x
Yelm, WA 10,205 113 1.0x
DuPont, WA 9,974 133 1.1x

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