Cost of Living in Hobart, WA

Population 6,841 · Washington · Data vintage 2023

246
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Hobart sits 193% above the national median — $894,000 for the typical home — but median household incomes near $149,635 (101% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 10 miles east of Kent, Hobart falls within that metro's commuting orbit. Median home values run roughly 66% higher than Kent's $538,000.

Cost Overview

Housing 293
Rent 176

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

About the Cost of Living in Hobart

The median home value in Hobart is $893,700 — 193% above the national median of $305,000. Median rent runs $2,307/month, 76% higher than the national median of $1,314/month. The median household income of $149,635/year is 101% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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 61.4°F and lows of 45.9°F. Overall, Hobart has a cost of living index of 246 versus the US average of 100, meaning it is 146% more expensive.

🏠 Housing

Median Home Value
$893,700
193% above avg
Median Rent
$2,307/mo
76% above avg
Price-to-Rent Ratio
32.3x
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 92.4%
Renter-occupied 7.6%

💰 Estimated Monthly Budget

Rent median rent
$2,307
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,921/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
36.1 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.8%

Commute Mode

Drove alone
72.4%
Carpooled
4.4%
Public transit
1.6%
Walked
1.0%
Work from home
19.8%

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
$149,635
101% above avg
Per Capita Income
$67,167
Unemployment Rate
3.3%
31% below avg
Poverty Rate
5.6%
Labor Force Participation
62.2%

🎓 Education

Bachelor's degree+ 34.3%
Graduate degree 12.7%

👥 Demographics

Median Age 44.4
Male median age 42.8
Female median age 45.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.4°F
Avg Low
45.9°F
Annual Precip
34.7"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485055606671777872615247
Low °F 373740434954585753464037
Precip" 4.933.213.742.831.861.470.600.891.533.495.614.53

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
58.6%
Good air days/yr
165
Max AQI recorded
273
PM2.5 days
86
Ozone days

Frequently Asked Questions

What is the cost of living in Hobart, WA?

Hobart has a cost index of 246 (100 = national average). It is 146% above the national average.

What is average rent in Hobart, WA?

The median gross rent in Hobart is $2,307 per month based on 2023 Census data.

What is the average home price in Hobart?

The median home value in Hobart is $893,700 according to 2023 Census ACS data.

What is the median income in Hobart?

The median household income in Hobart is $149,635 per year (2023 ACS 5-year estimates).

What is the sales tax in Hobart, WA?

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

Is Hobart, WA affordable?

Hobart is above average in cost of living, with an index of 246 — about 146% higher than the national average.

What is the weather like in Hobart?

Hobart has average high temperatures of 61.4°F and average lows of 45.9°F. Annual precipitation is 34.7". Data from NOAA 1991–2020 Climate Normals.

Hobart at a Glance

Population
6,841
Median Income
$149,635
Home Value
$893,700
Median Rent
$2,307/mo
Unemployment
3.3%
Avg High Temp
61.4°F
Sales Tax
9.2%
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🗺️ County data for Washington

Explore county-level cost of living data

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