What is the cost of living in Parkwood, WA?
According to the most recent data on the cost of living, Parkwood has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Washington, Parkwood has a cost of living index that's 1.0x higher than Washington's index of 120.
The standard of living in Parkwood ranks as #65 most affordable out of the 191 places we measured in Washington. By definition, that implies Parkwood ranks as the #126 most expensive place in the Evergreen State.
For more reading on life in Parkwood, check out:
Parkwood Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Parkwood. Here is how it fares on each of the criteria:
The Services index in Parkwood is 110.
The Groceries index in Parkwood is 107.
The Health index in Parkwood is 152.
The Housing index in Parkwood is 112.
The Transportation index in Parkwood is 109.
The Utilities index in Parkwood is 108.
| Living Expense | Parkwood | Washington | National Average |
|---|---|---|---|
| Overall | 124 | 120 | 100 |
| Services | 110 | 108 | 100 |
| Groceries | 107 | 108 | 100 |
| Health | 152 | 137 | 100 |
| Housing | 112 | 111 | 100 |
| Transportation | 109 | 111 | 100 |
| Utilities | 108 | 110 | 100 |
Parkwood 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 Parkwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Parkwood, 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 Parkwood is $469,870.
The Median Rent in Parkwood is $1,778.
The Median Income in Parkwood is $88,625.
The Home Value To Income in Parkwood is 5.3x.
The Rent To Monthly Income in Parkwood is 0.24x.
| Statistic | Parkwood | Washington | United States |
|---|---|---|---|
| Median Home Value | $469,870 | $601,016 | $332,700 |
| Median Rent | $1,778 | $1,760 | $1,413 |
| Median Income | $88,625 | $98,141 | $80,734 |
| Home Value To Income | 5.3x | 6.1x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.22x | 0.21x |
Parkwood, WA Costs By Category
Detailed Parkwood Services costs vs. Washington
| Item | Parkwood | Washington |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $15.2 | $12.13 |
| Bowling | $23.33 | $18 |
| Haircut | $35.56 | $24.26 |
| Beauty Salon | $57.2 | $45.56 |
Detailed Parkwood Groceries costs vs. Washington
| Item | Parkwood | Washington |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $2.2 | $1.57 |
| Milk | $5.02 | $4.67 |
| Potatoes | $4.41 | $4.93 |
| Pizza | $15.44 | $12.09 |
| Beer | $11.94 | $10.41 |
| Toothpaste | $3.97 | $3.7 |
Detailed Parkwood Health costs vs. Washington
| Item | Parkwood | Washington |
|---|---|---|
| Optometrist | $238.27 | $125.68 |
| Doctor | $147.56 | $135.78 |
| Dentist | $129.03 | $113.29 |
Detailed Parkwood Transportation costs vs. Washington
| Item | Parkwood | Washington |
|---|---|---|
| Gasoline | $4.38 | $3.46 |
| Tire Balancing | $65.96 | $59.92 |
Detailed Parkwood Utilities costs vs. Washington
| Item | Parkwood | Washington |
|---|---|---|
| All Electricity | $171.5 | $193.99 |
| Phone | $200.35 | $192.25 |
Parkwood SnackAbility
Cost Of Living In Cities Around Parkwood
The cost of living varies in the cities and towns around Parkwood. Here's a quick look at the cost of living in the most populous nearby places:
Bremerton, WA has a cost of living index of 120, 1.0x Parkwood.
SeaTac, WA has a cost of living index of 128, 1.0x Parkwood.
Bainbridge Island, WA has a cost of living index of 186, 1.5x Parkwood.
| City | Population | Cost Of Living | Vs. Parkwood |
|---|---|---|---|
| Bremerton, WA | 44,830 | 120 | 1.0x |
| SeaTac, WA | 32,414 | 128 | 1.0x |
| Bainbridge Island, WA | 24,631 | 186 | 1.5x |
| Port Orchard, WA | 17,149 | 131 | 1.1x |
| Artondale, WA | 14,073 | 151 | 1.2x |
| Gig Harbor, WA | 12,424 | 151 | 1.2x |
| Poulsbo, WA | 12,165 | 135 | 1.1x |
| Vashon, WA | 9,934 | 152 | 1.2x |
| Wollochet, WA | 6,689 | 159 | 1.3x |
| Bangor Base, WA | 6,112 | 133 | 1.1x |
