Parkland, WA Cost Of Living

The latest cost of living statistics for Parkland. Includes statistics on rent, mortgages, healthcare, and other costs for Parkland compared to the state and national averages.

Cost of living in Parkland, Washington

Cost of living in Parkland 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 Parkland 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:

118 Cost of living index 1.2x higher vs US
#45 Cheapest in Washington (of 191)
#4,215 Cheapest in the U.S. (of 6,489)
$470,505 Median home value
$1,663 Median rent
$72,239 Median income
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What is the cost of living in Parkland, WA?

According to the most recent data on the cost of living, Parkland has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.

Compared to Washington, Parkland has a cost of living index that's 1.0x lower than Washington's index of 120.

The standard of living in Parkland ranks as #45 most affordable out of the 191 places we measured in Washington. By definition, that implies Parkland ranks as the #146 most expensive place in the Evergreen State.

For more reading on life in Parkland, check out:

Parkland Cost Of Living Vs. Washington

Six factors go into calculating the cost of living index in Parkland. Here is how it fares on each of the criteria:

  • The Services index in Parkland is 107.

  • The Groceries index in Parkland is 112.

  • The Health index in Parkland is 133.

  • The Housing index in Parkland is 110.

  • The Transportation index in Parkland is 110.

  • The Utilities index in Parkland is 115.

Living Expense Parkland Washington National Average
Overall 118 120 100
Services 107 108 100
Groceries 112 108 100
Health 133 137 100
Housing 110 111 100
Transportation 110 111 100
Utilities 115 110 100

Parkland Cost Of Living Compared To Washington Averages

Services
Parkland 107
Washington avg 108
Groceries
Parkland 112
Washington avg 108
Health
Parkland 133
Washington avg 137
Housing
Parkland 110
Washington avg 111
Transportation
Parkland 110
Washington avg 111
Utilities
Parkland 115
Washington avg 110

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Washington, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Parkland, WA Housing Cost Breakdown

$470,505Median Home Value
$1,663Median Rent
$72,239Median Income

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 Parkland is $470,505.

  • The Median Rent in Parkland is $1,663.

  • The Median Income in Parkland is $72,239.

  • The Home Value To Income in Parkland is 6.5x.

  • The Rent To Monthly Income in Parkland is 0.28x.

Statistic Parkland Washington United States
Median Home Value $470,505 $601,016 $332,700
Median Rent $1,663 $1,760 $1,413
Median Income $72,239 $98,141 $80,734
Home Value To Income 6.5x 6.1x 4.1x
Rent To Monthly Income 0.28x 0.22x 0.21x

Parkland, WA Costs By Category

Detailed Parkland Services costs vs. Washington
Item Parkland Washington
Shampoo $1.38 $1.28
Movie $11.92 $12.13
Bowling $21.09 $18
Haircut $23.76 $24.26
Beauty Salon $54.27 $45.56
Detailed Parkland Groceries costs vs. Washington
Item Parkland Washington
Ground Beef $5.71 $5.84
Fried Chicken $2.55 $1.57
Milk $5.14 $4.67
Potatoes $3.87 $4.93
Pizza $15.13 $12.09
Beer $11.74 $10.41
Toothpaste $4.15 $3.7
Detailed Parkland Health costs vs. Washington
Item Parkland Washington
Optometrist $191.81 $125.68
Doctor $192.99 $135.78
Dentist $127.12 $113.29
Detailed Parkland Transportation costs vs. Washington
Item Parkland Washington
Gasoline $4.2 $3.46
Tire Balancing $78.74 $59.92
Detailed Parkland Utilities costs vs. Washington
Item Parkland Washington
All Electricity $169.3 $193.99
Phone $204.78 $192.25

Parkland SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 8.5/10
Affordability 4/10
Diversity 10/10
SafetyN/A
Amenities 9.5/10
Education 6/10
Commute 4/10

Cost Of Living In Cities Around Parkland

The cost of living varies in the cities and towns around Parkland. 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, 1.1x Parkland.

  • Lakewood, WA has a cost of living index of 124, 1.1x Parkland.

  • Puyallup, WA has a cost of living index of 128, 1.1x Parkland.

City Population Cost Of Living Vs. Parkland
Tacoma, WA 222,758 126 1.1x
Lakewood, WA 62,937 124 1.1x
Puyallup, WA 42,746 128 1.1x
Spanaway, WA 34,019 120 1.0x
Frederickson, WA 25,383 125 1.1x
Fort Lewis, WA 15,167 130 1.1x
Gig Harbor, WA 12,424 151 1.3x
Yelm, WA 11,102 121 1.0x
Fife, WA 10,949 127 1.1x
Sumner, WA 10,733 129 1.1x