C
20%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
43%
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 Sedro-Woolley Washington National
Cost of living120118100
Goods & Services113111100
Groceries109110100
Health care123120100
Housing143135100
Transportation117123100
Utilities9292100

An Overview of Cost of Living in Sedro-Woolley, WA

Getting a feel for the cost of living in Sedro-Woolley is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Sedro-Woolley is 120, which is 20% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

If you prioritize affordability when seeking a new place to live, Sedro-Woolley may not be your ideal choice, as it ranks among the most expensive locations in the entire United States. A very small amount of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Sedro-Woolley falls into this category, which may not align with your preferences for a budget-friendly living environment.

Housing costs are a major factor in the Sedro-Woolley cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 42.8% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Goods and services make up 33% of the total cost of living index score and are a large part of your everyday expenses. These items could include things like haircuts, salons, toothpaste, shampoo, clothes, movies, bowling, gym memberships or yoga. In Sedro-Woolley, you can expect to pay 13.1% more than average for these items, making it a more expensive place to live.

Is Sedro-Woolley Affordable?

Is Sedro-Woolley an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Sedro-Woolley is 49.6% higher than the national average, while the average monthly rent prices are 26.9% higher than average. The affordability of any location can also be influenced by median income levels. Sedro-Woolley has a median household income of $63,840, which is 15.4% higher than the national average.

What Factors can Influence the Cost of Living in Sedro-Woolley?

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety 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 farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Sedro-Woolley, the housing index is 42.8% higher than the national average.

Where is the Data From?

The Sedro-Woolley cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Sedro-Woolley is 2% higher than the Washington average
  • The cost of living in Sedro-Woolley is 20% higher than the national average
  • Sedro-Woolley housing is 43% 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 Sedro-Woolley

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Compare Sedro-Woolley, 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$71,517$5,960$1,669$2,146
      Renters$51,929$4,327$1,212$1,558
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Sedro-Woolley, WA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Sedro-Woolley, homeowners have a median income of $71,517. Using that number, a maximum of $1,669 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $51,929, which means there is a maximum of $1,212 to be spent on the costs of renting a home or apartment.

      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 Sedro-Woolley National avg. Difference
      Haircut $26.78$24.2610.4%
      Beauty Salon $67.83$45.5648.9%
      Toothpaste $3.48$3.706.0%
      Shampoo $1.23$1.283.7%
      Movie $12.82$12.135.7%
      Bowling $18.58$18.003.2%

      Groceries

      Item Sedro-Woolley National avg. Difference
      Ground Beef $6.76$5.8415.7%
      Fried Chicken $2.22$1.5741.3%
      Milk $4.98$4.676.7%
      Potatoes $4.43$4.9310.2%
      Pizza $12.95$12.097.2%
      Beer $11.47$10.4110.2%

      Health Care

      Item Sedro-Woolley National avg. Difference
      Optometrist $187.66$125.6849.3%
      Doctor $228.42$135.7868.2%
      Dentist $136.92$113.2920.9%
      Ibuprofen $11.80$10.6510.7%
      Lipitor $415.36$468.6011.4%

      Housing

      Item Sedro-Woolley National avg. Difference
      Home Price $276,400.00$184,700.0049.6%
      Avg. Mortgage Payment $2,731.21$2,346.6916.4%
      Apartment Rent $1,204.00$949.0026.9%

      Transportation

      Item Sedro-Woolley National avg. Difference
      Gasoline $4.35$3.4625.7%
      Tire Balancing $87.22$59.9245.6%

      Utilities

      Item Sedro-Woolley National avg. Difference
      All Electricity $153.78$193.9920.7%
      Phone $202.97$192.255.6%
      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.
      Conway, WA4011010.5%
      Acme, WA12311515.3%
      Hamilton, WA31111111.3%
      Lake McMurray, WA47811212.0%
      Lyman, WA27711515.1%
      Sedro-Woolley, WA11,91912020.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Myrtle Grove, NC11,92111414.0%
      Rossmoor, CA11,923219118.7%
      Healdsburg, CA11,92419595.0%
      Lake Los Angeles, CA11,92611414.3%
      Clawson, MI11,9091010.8%
      Sedro-Woolley, WA11,91912020.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.