What is the cost of living in Lake Tapps, WA?
According to the most recent data on the cost of living, Lake Tapps has an overall cost of living index of 149, which is 1.5x higher than the national index of 100.
Compared to Washington, Lake Tapps has a cost of living index that's 1.2x higher than Washington's index of 120.
The standard of living in Lake Tapps ranks as #153 most affordable out of the 191 places we measured in Washington. By definition, that implies Lake Tapps ranks as the #38 most expensive place in the Evergreen State.
For more reading on life in Lake Tapps, check out:
Lake Tapps Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Lake Tapps. Here is how it fares on each of the criteria:
The Services index in Lake Tapps is 106.
The Groceries index in Lake Tapps is 110.
The Health index in Lake Tapps is 231.
The Housing index in Lake Tapps is 113.
The Transportation index in Lake Tapps is 116.
The Utilities index in Lake Tapps is 110.
| Living Expense | Lake Tapps | Washington | National Average |
|---|---|---|---|
| Overall | 149 | 120 | 100 |
| Services | 106 | 108 | 100 |
| Groceries | 110 | 108 | 100 |
| Health | 231 | 137 | 100 |
| Housing | 113 | 111 | 100 |
| Transportation | 116 | 111 | 100 |
| Utilities | 110 | 110 | 100 |
Lake Tapps Cost Of Living Compared To Washington Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Washington, check out:
Protect your home budget Compare home warranties in Lake Tapps Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Tapps, 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 2020-2024. The key points are:
The Median Home Value in Lake Tapps is $790,284.
The Median Rent in Lake Tapps is $2,091.
The Median Income in Lake Tapps is $148,005.
The Home Value To Income in Lake Tapps is 5.3x.
The Rent To Monthly Income in Lake Tapps is 0.17x.
| Statistic | Lake Tapps | Washington | United States |
|---|---|---|---|
| Median Home Value | $790,284 | $601,016 | $332,700 |
| Median Rent | $2,091 | $1,760 | $1,413 |
| Median Income | $148,005 | $98,141 | $80,734 |
| Home Value To Income | 5.3x | 6.1x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.21x |
Lake Tapps, WA Costs By Category
Detailed Lake Tapps Services costs vs. Washington
| Item | Lake Tapps | 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 Lake Tapps Groceries costs vs. Washington
| Item | Lake Tapps | 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 Lake Tapps Health costs vs. Washington
| Item | Lake Tapps | Washington |
|---|---|---|
| Optometrist | $242.14 | $125.68 |
| Doctor | $139.77 | $135.78 |
| Dentist | $164.3 | $113.29 |
Detailed Lake Tapps Transportation costs vs. Washington
| Item | Lake Tapps | Washington |
|---|---|---|
| Gasoline | $4.39 | $3.46 |
| Tire Balancing | $77.69 | $59.92 |
Detailed Lake Tapps Utilities costs vs. Washington
| Item | Lake Tapps | Washington |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $207.11 | $192.25 |
Lake Tapps SnackAbility
Cost Of Living In Cities Around Lake Tapps
The cost of living varies in the cities and towns around Lake Tapps. Here's a quick look at the cost of living in the most populous nearby places:
Tacoma, WA has a cost of living index of 126, 0.8x Lake Tapps.
Auburn, WA has a cost of living index of 133, 0.9x Lake Tapps.
Lakewood, WA has a cost of living index of 124, 0.8x Lake Tapps.
| City | Population | Cost Of Living | Vs. Lake Tapps |
|---|---|---|---|
| Tacoma, WA | 222,758 | 126 | 0.8x |
| Auburn, WA | 85,676 | 133 | 0.9x |
| Lakewood, WA | 62,937 | 124 | 0.8x |
| Puyallup, WA | 42,746 | 128 | 0.9x |
| Parkland, WA | 38,742 | 118 | 0.8x |
| Frederickson, WA | 25,383 | 125 | 0.8x |
| Bonney Lake, WA | 22,090 | 137 | 0.9x |
| Edgewood, WA | 13,032 | 136 | 0.9x |
| Prairie Ridge, WA | 12,074 | 126 | 0.8x |
| Fife, WA | 10,949 | 127 | 0.9x |
