Cost of Living in Chico, WA

Population 3,016 · Washington · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Chico sits 103% above the national median — $620,000 for the typical home — but median household incomes near $124,700 (67% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 1.2% — below most comparable cities in the state.

Chico sits roughly 15 miles west of Seattle — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 32% lower than Seattle's $912,000.

Cost Overview

Housing 203
Rent 131

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Chico

The median home value in Chico is $620,300 — 103% above the national median of $305,000. Median rent runs $1,724/month, 31% higher than the national median of $1,314/month. The median household income of $124,700/year is 67% higher than the US median of $74,580. The local unemployment rate is 1.2%, below the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 61.6°F and lows of 46.0°F. Overall, Chico has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$620,300
103% above avg
Median Rent
$1,724/mo
31% above avg
Price-to-Rent Ratio
30.0x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$963
1 BR
$1,018
2 BR
$1,317
3 BR
$1,845
4 BR
$2,071
Owner-occupied 87.8%
Renter-occupied 12.3%

💰 Estimated Monthly Budget

Rent median rent
$1,724
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,338/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.1 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.6%

Commute Mode

Drove alone
71.5%
Carpooled
11.6%
Public transit
2.7%
Walked
0.8%
Work from home
12.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.2%
State rate 6.5%
Avg local rate 2.7%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$124,700
67% above avg
Per Capita Income
$76,162
Unemployment Rate
1.2%
76% below avg
Poverty Rate
1.8%
Labor Force Participation
56.5%

🎓 Education

Bachelor's degree+ 29.8%
Graduate degree 18.5%

👥 Demographics

Median Age 48
Male median age 44.1
Female median age 49.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.6°F
Avg Low
46.0°F
Annual Precip
36.5"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495155606771777772615348
Low °F 373739444954585854464036
Precip" 5.213.713.942.891.981.220.560.831.373.495.805.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 22 — Good
92.6%
Good air days/yr
115
Max AQI recorded
349
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Chico, WA?

Chico has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Chico, WA?

The median gross rent in Chico is $1,724 per month based on 2023 Census data.

What is the average home price in Chico?

The median home value in Chico is $620,300 according to 2023 Census ACS data.

What is the median income in Chico?

The median household income in Chico is $124,700 per year (2023 ACS 5-year estimates).

What is the sales tax in Chico, WA?

The combined state and local sales tax rate in Chico is 9.2%. Washington has no state income tax.

Is Chico, WA affordable?

Chico is above average in cost of living, with an index of 175 — about 75% higher than the national average.

What is the weather like in Chico?

Chico has average high temperatures of 61.6°F and average lows of 46.0°F. Annual precipitation is 36.5". Data from NOAA 1991–2020 Climate Normals.

Chico at a Glance

Population
3,016
Median Income
$124,700
Home Value
$620,300
Median Rent
$1,724/mo
Unemployment
1.2%
Avg High Temp
61.6°F
Sales Tax
9.2%
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🗺️ County data for Washington

Explore county-level cost of living data

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