Terrace Heights, WA Cost Of Living

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

Cost of living in Terrace Heights, Washington

Cost of living in Terrace Heights 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 Terrace Heights 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:

116 Cost of living index 1.2x higher vs US
#37 Cheapest in Washington (of 191)
#4,066 Cheapest in the U.S. (of 6,489)
$401,635 Median home value
$1,196 Median rent
$83,016 Median income
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What is the cost of living in Terrace Heights, WA?

According to the most recent data on the cost of living, Terrace Heights has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.

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

The standard of living in Terrace Heights ranks as #37 most affordable out of the 191 places we measured in Washington. By definition, that implies Terrace Heights ranks as the #154 most expensive place in the Evergreen State.

For more reading on life in Terrace Heights, check out:

Terrace Heights Cost Of Living Vs. Washington

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

  • The Services index in Terrace Heights is 107.

  • The Groceries index in Terrace Heights is 110.

  • The Health index in Terrace Heights is 122.

  • The Housing index in Terrace Heights is 109.

  • The Transportation index in Terrace Heights is 112.

  • The Utilities index in Terrace Heights is 118.

Living Expense Terrace Heights Washington National Average
Overall 116 120 100
Services 107 108 100
Groceries 110 108 100
Health 122 137 100
Housing 109 111 100
Transportation 112 111 100
Utilities 118 110 100

Terrace Heights Cost Of Living Compared To Washington Averages

Services
Terrace Heights 107
Washington avg 108
Groceries
Terrace Heights 110
Washington avg 108
Health
Terrace Heights 122
Washington avg 137
Housing
Terrace Heights 109
Washington avg 111
Transportation
Terrace Heights 112
Washington avg 111
Utilities
Terrace Heights 118
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

Terrace Heights, WA Housing Cost Breakdown

$401,635Median Home Value
$1,196Median Rent
$83,016Median 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 Terrace Heights is $401,635.

  • The Median Rent in Terrace Heights is $1,196.

  • The Median Income in Terrace Heights is $83,016.

  • The Home Value To Income in Terrace Heights is 4.8x.

  • The Rent To Monthly Income in Terrace Heights is 0.17x.

Statistic Terrace Heights Washington United States
Median Home Value $401,635 $601,016 $332,700
Median Rent $1,196 $1,760 $1,413
Median Income $83,016 $98,141 $80,734
Home Value To Income 4.8x 6.1x 4.1x
Rent To Monthly Income 0.17x 0.22x 0.21x

Terrace Heights, WA Costs By Category

Detailed Terrace Heights Services costs vs. Washington
Item Terrace Heights Washington
Shampoo $1.17 $1.28
Movie $13.58 $12.13
Bowling $15.45 $18
Haircut $31.67 $24.26
Beauty Salon $35.69 $45.56
Detailed Terrace Heights Groceries costs vs. Washington
Item Terrace Heights Washington
Ground Beef $6.39 $5.84
Fried Chicken $1.52 $1.57
Milk $5.07 $4.67
Potatoes $4.43 $4.93
Pizza $12.43 $12.09
Beer $11.49 $10.41
Toothpaste $3.97 $3.7
Detailed Terrace Heights Health costs vs. Washington
Item Terrace Heights Washington
Optometrist $191.81 $125.68
Doctor $151.56 $135.78
Dentist $123.54 $113.29
Detailed Terrace Heights Transportation costs vs. Washington
Item Terrace Heights Washington
Gasoline $4.21 $3.46
Tire Balancing $64.61 $59.92
Detailed Terrace Heights Utilities costs vs. Washington
Item Terrace Heights Washington
All Electricity $169.17 $193.99
Phone $190.47 $192.25

Terrace Heights SnackAbility

7.5Overall SnackAbility
Jobs 8.5/10
Housing 8/10
Affordability 8/10
Diversity 8.5/10
SafetyN/A
Amenities 8/10
Education 8/10
Commute 9/10

Cost Of Living In Cities Around Terrace Heights

The cost of living varies in the cities and towns around Terrace Heights. Here's a quick look at the cost of living in the most populous nearby places:

  • Yakima, WA has a cost of living index of 107, 0.9x Terrace Heights.

  • Ellensburg, WA has a cost of living index of 118, 1.0x Terrace Heights.

  • Sunnyside, WA has a cost of living index of 103, 0.9x Terrace Heights.

City Population Cost Of Living Vs. Terrace Heights
Yakima, WA 96,961 107 0.9x
Ellensburg, WA 20,874 118 1.0x
Sunnyside, WA 16,277 103 0.9x
Grandview, WA 11,187 101 0.9x
Toppenish, WA 8,723 99 0.9x
Selah, WA 8,437 117 1.0x
Union Gap, WA 6,584 102 0.9x