Cost of Living in Liberty Lake, WA

Population 12,435 · Washington · Data vintage 2023

154
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Liberty Lake is a smaller Washington community of around 12000 residents, where median household incomes of $105,599 and housing costs ($506,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Liberty Lake sits roughly 6 miles east of Spokane Valley — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 47% higher than Spokane Valley's $344,000.

Cost Overview

Housing 166
Rent 136

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

About the Cost of Living in Liberty Lake

The median home value in Liberty Lake is $506,000 — 66% above the national median of $305,000. Median rent runs $1,782/month, 36% higher than the national median of $1,314/month. The median household income of $105,599/year is 42% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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 60.7°F and lows of 38.9°F. Overall, Liberty Lake has a cost of living index of 154 versus the US average of 100, meaning it is 54% more expensive.

🏠 Housing

Median Home Value
$506,000
66% above avg
Zillow Home Value
$554,867
Zillow ZHVI
Median Rent
$1,782/mo
36% above avg
Zillow Rent
$1,760/mo
Zillow ZORI
Price-to-Rent Ratio
23.7x
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 68.2%
Renter-occupied 31.9%

💰 Estimated Monthly Budget

Rent median rent
$1,782
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,396/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
23.1 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.4%

Commute Mode

Drove alone
57.8%
Carpooled
14.4%
Public transit
0.3%
Walked
0.9%
Bicycle
2.1%
Work from home
24.4%

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
$105,599
42% above avg
Per Capita Income
$50,675
Unemployment Rate
3.7%
24% below avg
Poverty Rate
5.2%
Labor Force Participation
63.8%

🎓 Education

Bachelor's degree+ 30.9%
Graduate degree 14.2%

👥 Demographics

Median Age 37.4
Male median age 37.9
Female median age 36.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.7°F
Avg Low
38.9°F
Annual Precip
17.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384351607076878676604537
Low °F 262732374450565547383126
Precip" 2.001.321.821.501.701.480.670.540.681.462.012.18

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
70.4%
Good air days/yr
447
Max AQI recorded
232
PM2.5 days
127
Ozone days

Frequently Asked Questions

What is the cost of living in Liberty Lake, WA?

Liberty Lake has a cost index of 154 (100 = national average). It is 54% above the national average.

What is average rent in Liberty Lake, WA?

The median gross rent in Liberty Lake is $1,782 per month based on 2023 Census data.

What is the average home price in Liberty Lake?

The median home value in Liberty Lake is $506,000 according to Zillow and Census data.

What is the median income in Liberty Lake?

The median household income in Liberty Lake is $105,599 per year (2023 ACS 5-year estimates).

What is the sales tax in Liberty Lake, WA?

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

Is Liberty Lake, WA affordable?

Liberty Lake is above average in cost of living, with an index of 154 — about 54% higher than the national average.

What is the weather like in Liberty Lake?

Liberty Lake has average high temperatures of 60.7°F and average lows of 38.9°F. Annual precipitation is 17.4". Data from NOAA 1991–2020 Climate Normals.

Liberty Lake at a Glance

Population
12,435
Median Income
$105,599
Home Value
$506,000
Median Rent
$1,782/mo
Unemployment
3.7%
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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