Cost of Living in Lacey, WA

Population 57,088 · Washington · Data vintage 2023

139
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lacey lands reasonably close to national benchmarks on most cost indicators, with a median home value of $428,000 — 40% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Washington.

Located 20 miles southwest of Tacoma, Lacey falls within that metro's commuting orbit. Housing prices track closely with Tacoma's $455,000 median.

Cost Overview

Housing 140
Rent 137

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

About the Cost of Living in Lacey

The median home value in Lacey is $427,900 — 40% above the national median of $305,000. Median rent runs $1,805/month, 37% higher than the national median of $1,314/month. The median household income of $87,277/year is 17% higher than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 60.7°F and lows of 40.4°F, with about 3.9" of annual snowfall. Overall, Lacey has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$427,900
40% above avg
Zillow Home Value
$511,129
Zillow ZHVI
Median Rent
$1,805/mo
37% above avg
Zillow Rent
$2,013/mo
Zillow ZORI
Price-to-Rent Ratio
19.8x
Favors buying
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 57.2%
Renter-occupied 42.8%

💰 Estimated Monthly Budget

Rent median rent
$1,805
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,419/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
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.4%

Commute Mode

Drove alone
70.3%
Carpooled
10.0%
Public transit
2.4%
Walked
1.7%
Bicycle
0.6%
Work from home
14.4%

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
$87,277
17% above avg
Per Capita Income
$41,024
Unemployment Rate
5.1%
6% above avg
Poverty Rate
11.0%
Labor Force Participation
61.3%

🎓 Education

Bachelor's degree+ 20.0%
Graduate degree 12.2%

👥 Demographics

Median Age 37.7
Male median age 35.6
Female median age 39.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.7°F
Avg Low
40.4°F
Annual Precip
50.6"
Annual Snowfall
3.9"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 464954596671787872605145
Low °F 333235384347515146413633
Precip" 7.805.095.683.672.261.460.530.962.045.078.217.85
Snow" 2.00.60.10.00.00.00.00.00.00.00.01.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 28 — Good
91.3%
Good air days/yr
82
Max AQI recorded
218
PM2.5 days
140
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
18.9:1
Student-teacher ratio
22
Public schools
15,634
Total enrollment

Frequently Asked Questions

What is the cost of living in Lacey, WA?

Lacey has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Lacey, WA?

The median gross rent in Lacey is $1,805 per month based on 2023 Census data.

What is the average home price in Lacey?

The median home value in Lacey is $427,900 according to Zillow and Census data.

What is the median income in Lacey?

The median household income in Lacey is $87,277 per year (2023 ACS 5-year estimates).

What is the sales tax in Lacey, WA?

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

Is Lacey, WA affordable?

Lacey is above average in cost of living, with an index of 139 — about 39% higher than the national average.

What is the weather like in Lacey?

Lacey has average high temperatures of 60.7°F and average lows of 40.4°F. Annual precipitation is 50.6". Average annual snowfall is 3.9". Data from NOAA 1991–2020 Climate Normals.

Lacey at a Glance

Population
57,088
Median Income
$87,277
Home Value
$427,900
Median Rent
$1,805/mo
Unemployment
5.1%
Avg High Temp
60.7°F
Sales Tax
9.2%
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Explore county-level cost of living data

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