Spanaway, WA Cost Of Living
Cost Of Living In Spanaway, WA Summary
Cost of living in Spanaway 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 Spanaway 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 Spanaway is 125, with 100 being the average.
The cost of living index in Spanaway is 1.2x higher than the national average.
Spanaway ranks as the #66 cheapest in Washington out of 192.
Spanaway ranks as the #4,715 cheapest out of 6,489 in the US.
The median home value in Spanaway is $501,995.
The median income in Spanaway is $94,028.
Table Of Contents
Spanaway's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Spanaway, WA?
According to the most recent data on the cost of living, Spanaway has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Washington, Spanaway has a cost of living index that's 1.1x higher than Washington's index of 118.
The standard of living in Spanaway ranks as #66 most affordable out of the 192 places we measured in Washington. By definition, that implies Spanaway ranks as the #126 most expensive place in the Evergreen State.
For more reading on life in Spanaway, check out:
In Washington
In America
Spanaway Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Spanaway. Here is how it fairs on each of the criteria:
The Services index in Spanaway is 118.
The Groceries index in Spanaway is 113.
The Health index in Spanaway is 126.
The Housing index in Spanaway is 148.
The Transportation index in Spanaway is 122.
The Utilities index in Spanaway is 93.
| Living Expense | Spanaway | Washington | National Average | |
|---|---|---|---|---|
| Overall | 125 | 118 | 100 | |
| Services | 118 | 111 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 126 | 122 | 100 | |
| Housing | 148 | 135 | 100 | |
| Transportation | 122 | 124 | 100 | |
| Utilities | 93 | 91 | 100 | |
Spanaway, 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 2019-2023. The key points are:
The Median Home Value in Spanaway is $501,995.
The Median Rent in Spanaway is $1,782.
The Median Income in Spanaway is $94,028.
The Home Value To Income in Spanaway is 5.3x.
The Rent To Monthly Income in Spanaway is 0.23x.
| Statistic | Spanaway | Washington | United States |
|---|---|---|---|
| Median Home Value | $501,995 | $595,737 | $303,400 |
| Median Rent | $1,782 | $1,682 | $1,348 |
| Median Income | $94,028 | $94,952 | $78,538 |
| Home Value To Income | 5.3x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Spanaway, WA Costs By Category
Detailed Spanaway Services Costs Vs. Washington
| Item | Spanaway | 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 Spanaway Groceries Costs Vs. Washington
| Item | Spanaway | 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 Spanaway Health Costs Vs. Washington
| Item | Spanaway | Washington |
|---|---|---|
| Optometrist | $191.81 | $125.68 |
| Doctor | $192.99 | $135.78 |
| Dentist | $127.12 | $113.29 |
Detailed Spanaway Transportation Costs Vs. Washington
| Item | Spanaway | Washington |
|---|---|---|
| Gasoline | $4.2 | $3.46 |
| Tire Balancing | $78.74 | $59.92 |
Detailed Spanaway Utilities Costs Vs. Washington
| Item | Spanaway | Washington |
|---|---|---|
| All Electricity | $169.3 | $193.99 |
| Phone | $204.78 | $192.25 |
Spanaway SnackAbility
/10
Cost Of Living In Cities Around Spanaway
The cost of living varies in the cities and towns around Spanaway. 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 130, 1.0x Spanaway.
South Hill, WA has a cost of living index of 135, 1.1x Spanaway.
Lakewood, WA has a cost of living index of 127, 1.0x Spanaway.
| City | Population | Cost Of Living | Vs. Spanaway |
|---|---|---|---|
| Tacoma, WA | 220,482 | 130 | 1.0x |
| South Hill, WA | 68,161 | 135 | 1.1x |
| Lakewood, WA | 63,034 | 127 | 1.0x |
| Parkland, WA | 39,174 | 122 | 1.0x |
| Frederickson, WA | 24,219 | 131 | 1.0x |
| Fort Lewis, WA | 13,983 | 137 | 1.1x |
| Elk Plain, WA | 13,863 | 127 | 1.0x |
| Gig Harbor, WA | 12,202 | 154 | 1.2x |
| Fife, WA | 10,902 | 133 | 1.1x |
| Sumner, WA | 10,674 | 134 | 1.1x |
