Cost of living in Silver Firs 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 Silver Firs 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 Silver Firs is 157, with 100 being the average.
The cost of living index in Silver Firs is 1.6x higher than the national average.
Silver Firs ranks as the #160 cheapest in Washington out of 192.
Silver Firs ranks as the #5,839 cheapest out of 6,489 in the US.
The median home value in Silver Firs is $907,359.
The median income in Silver Firs is $153,026.
According to the most recent data on the cost of living, Silver Firs has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.
Compared to Washington, Silver Firs has a cost of living index that's 1.3x higher than Washington's index of 118.
The standard of living in Silver Firs ranks as #160 most affordable out of the 192 places we measured in Washington. By definition, that implies Silver Firs ranks as the #32 most expensive place in the Evergreen State.
For more reading on life in Silver Firs, check out:
Six factors go into calculating the cost of living index in Silver Firs. Here is how it fairs on each of the criteria:
The Services index in Silver Firs is 119.
The Groceries index in Silver Firs is 114.
The Health index in Silver Firs is 120.
The Housing index in Silver Firs is 264.
The Transportation index in Silver Firs is 123.
The Utilities index in Silver Firs is 96.
| Living Expense | Silver Firs | Washington | National Average | |
|---|---|---|---|---|
| Overall | 157 | 118 | 100 | |
| Services | 119 | 111 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 120 | 122 | 100 | |
| Housing | 264 | 135 | 100 | |
| Transportation | 123 | 124 | 100 | |
| Utilities | 96 | 91 | 100 | |
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 Silver Firs is $907,359.
The Median Rent in Silver Firs is $2,853.
The Median Income in Silver Firs is $153,026.
The Home Value To Income in Silver Firs is 5.9x.
The Rent To Monthly Income in Silver Firs is 0.22x.
| Statistic | Silver Firs | Washington | United States |
|---|---|---|---|
| Median Home Value | $907,359 | $595,737 | $303,400 |
| Median Rent | $2,853 | $1,682 | $1,348 |
| Median Income | $153,026 | $94,952 | $78,538 |
| Home Value To Income | 5.9x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
| Item | Silver Firs | Washington |
|---|---|---|
| Shampoo | $1.21 | $1.28 |
| Movie | $12.43 | $12.13 |
| Bowling | $18.08 | $18 |
| Haircut | $31.33 | $24.26 |
| Beauty Salon | $49.67 | $45.56 |
| Item | Silver Firs | Washington |
|---|---|---|
| Ground Beef | $6.18 | $5.84 |
| Fried Chicken | $2.23 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.43 | $4.93 |
| Pizza | $13.35 | $12.09 |
| Beer | $11.13 | $10.41 |
| Toothpaste | $3.89 | $3.7 |
| Item | Silver Firs | Washington |
|---|---|---|
| Optometrist | $132.73 | $125.68 |
| Doctor | $183.4 | $135.78 |
| Dentist | $146.29 | $113.29 |
| Item | Silver Firs | Washington |
|---|---|---|
| Gasoline | $4.14 | $3.46 |
| Tire Balancing | $65.57 | $59.92 |
| Item | Silver Firs | Washington |
|---|---|---|
| All Electricity | $163.64 | $193.99 |
| Phone | $200.1 | $192.25 |
The cost of living varies in the cities and towns around Silver Firs. Here's a quick look at the cost of living in the most populous nearby places:
Seattle, WA has a cost of living index of 179, 1.1x Silver Firs.
Everett, WA has a cost of living index of 136, 0.9x Silver Firs.
Lynnwood, WA has a cost of living index of 143, 0.9x Silver Firs.
| City | Population | Cost Of Living | Vs. Silver Firs |
|---|---|---|---|
| Seattle, WA | 741,440 | 179 | 1.1x |
| Everett, WA | 111,083 | 136 | 0.9x |
| Lynnwood, WA | 40,953 | 143 | 0.9x |
| Lake Stevens, WA | 39,500 | 140 | 0.9x |
| Mill Creek East, WA | 25,461 | 167 | 1.1x |
| North Lynnwood, WA | 23,653 | 143 | 0.9x |
| Eastmont, WA | 23,486 | 151 | 1.0x |
| Martha Lake, WA | 22,740 | 153 | 1.0x |
| Mill Creek, WA | 20,846 | 165 | 1.1x |
| Monroe, WA | 19,696 | 140 | 0.9x |