F
43%
Overall NAT. AVG.
19%
Goods & Services NAT. AVG.
110%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Lake Stickney Washington National
Cost of living143118100
Goods & Services119111100
Groceries112110100
Health care118120100
Housing210135100
Transportation122123100
Utilities9592100

An Overview of Cost of Living in Lake Stickney, WA

Knowing the cost of living in Lake Stickney allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Lake Stickney stands at 143, marking it 43% higher than the national average.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Lake Stickney is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Lake Stickney falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs make up a big chunk of the cost of living in Lake Stickney, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 110% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

The things you purchase regularly, like clothes, haircuts, movie tickets and gym memberships, can make a big dent in your budget and make up 33% of the cost of living index. Unfortunately in Lake Stickney, these items will cost you 18.7% more than what's considered the norm, making it a more expensive place to call home.

The surge in grocery costs is indeed alarming, especially when groceries make up a large portion of your monthly expenditures. Over the past two years, there has been an inflation of over 10% in grocery prices. Unfortunately, Lake Stickney does not fare better, with grocery expenses coming in at 12.4% higher than the national average.

Is Lake Stickney Affordable?

Is Lake Stickney affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Lake Stickney, for instance, where the median home price falls 135.1% higher than the national average, and monthly rent rates are 51.5% higher than usual. Additionally, median income levels contribute to the equation, with Lake Stickney flaunting a median household income of $70,469, 27.4% higher than the national norm.

What Factors can Influence the Cost of Living in Lake Stickney?

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Lake Stickney, the transportation index is 21.8% higher than the national average.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Lake Stickney, the housing index comes in at 110% higher than the national average.

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.

Where is the Data From?

The Lake Stickney cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Lake Stickney is 21% higher than the Washington average
  • The cost of living in Lake Stickney is 43% higher than the national average
  • Lake Stickney housing is 110% higher than the national average
  • Washington general sales tax is 27% higher than the national average
  • Washington state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Lake Stickney

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Compare Lake Stickney, WA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,430$7,786$2,180$2,803
      Renters$45,375$3,781$1,059$1,361
      The affordability of the housing market in Lake Stickney, WA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Lake Stickney homeowners, the median income is $93,430. This indicates that a monthly maximum of $2,180 should be spent by homeowners on all housing related costs. Renters have a median income of $45,375. This indicates that renters would have a maximum of $1,059 for their rent related monthly costs.

      Washington Sales Tax

      State General Sales Tax With Max Surtax
      Washington 6.5% 10.4%

      Washington Income Tax

      State Income Tax (Low) Income Tax (High)
      Washington 0% 0%

      Goods & Services

      Item Lake Stickney National avg. Difference
      Haircut $31.33$24.2629.1%
      Beauty Salon $49.67$45.569.0%
      Toothpaste $3.89$3.705.1%
      Shampoo $1.21$1.285.8%
      Movie $12.43$12.132.4%
      Bowling $18.08$18.000.5%

      Groceries

      Item Lake Stickney National avg. Difference
      Ground Beef $6.18$5.845.9%
      Fried Chicken $2.23$1.5742.0%
      Milk $4.87$4.674.2%
      Potatoes $4.43$4.9310.2%
      Pizza $13.35$12.0910.4%
      Beer $11.13$10.416.9%

      Health Care

      Item Lake Stickney National avg. Difference
      Optometrist $132.73$125.685.6%
      Doctor $183.40$135.7835.1%
      Dentist $146.29$113.2929.1%
      Ibuprofen $11.37$10.656.7%
      Lipitor $508.19$468.608.4%

      Housing

      Item Lake Stickney National avg. Difference
      Home Price $434,200.00$184,700.00135.1%
      Avg. Mortgage Payment $3,228.87$2,346.6937.6%
      Apartment Rent $1,438.00$949.0051.5%

      Transportation

      Item Lake Stickney National avg. Difference
      Gasoline $4.14$3.4619.7%
      Tire Balancing $65.57$59.929.4%

      Utilities

      Item Lake Stickney National avg. Difference
      All Electricity $163.64$193.9915.6%
      Phone $200.10$192.254.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hat Island, WA6111414.5%
      Port Gamble Tribal Community, WA7831066.3%
      Indianola, WA3,56413433.8%
      Everett, WA110,84013433.5%
      Marysville, WA69,62913434.0%
      Lake Stickney, WA14,30614343.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      West Lealman, FL14,304919.4%
      Mountain Home, ID14,308982.4%
      Phillipsburg, NJ14,303991.4%
      Port Orchard, WA14,30313434.1%
      Piney Green, NC14,309954.6%
      Lake Stickney, WA14,30614343.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.