Cost of Living in Prairie Ridge, WA

Population 12,054 · 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

Under 25,000 residents gives Prairie Ridge a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $436,000. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Prairie Ridge sits roughly 15 miles east of Tacoma — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Tacoma's $455,000 median.

Cost Overview

Housing 143
Rent 133

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

About the Cost of Living in Prairie Ridge

The median home value in Prairie Ridge is $436,200 — 43% above the national median of $305,000. Median rent runs $1,742/month, 33% higher than the national median of $1,314/month. The median household income of $110,795/year is 49% higher than the US median of $74,580. The local unemployment rate is 6.3%, 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 59.6°F and lows of 44.3°F. Overall, Prairie Ridge has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$436,200
43% above avg
Median Rent
$1,742/mo
33% above avg
Price-to-Rent Ratio
20.9x
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 89.0%
Renter-occupied 11.0%

💰 Estimated Monthly Budget

Rent median rent
$1,742
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,356/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
40.7 min
51% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.2%

Commute Mode

Drove alone
73.9%
Carpooled
15.9%
Public transit
0.1%
Work from home
9.2%

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
$110,795
49% above avg
Per Capita Income
$45,971
Unemployment Rate
6.3%
30% above avg
Poverty Rate
3.0%
Labor Force Participation
71.4%

🎓 Education

Bachelor's degree+ 12.0%
Graduate degree 3.9%

👥 Demographics

Median Age 36.8
Male median age 38.8
Female median age 36.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.6°F
Avg Low
44.3°F
Annual Precip
42"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 464853586570767670595146
Low °F 363739414751545451464036
Precip" 6.064.114.633.392.081.360.680.861.544.327.185.81

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
74.8%
Good air days/yr
195
Max AQI recorded
150
PM2.5 days
213
Ozone days

Frequently Asked Questions

What is the cost of living in Prairie Ridge, WA?

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

What is average rent in Prairie Ridge, WA?

The median gross rent in Prairie Ridge is $1,742 per month based on 2023 Census data.

What is the average home price in Prairie Ridge?

The median home value in Prairie Ridge is $436,200 according to 2023 Census ACS data.

What is the median income in Prairie Ridge?

The median household income in Prairie Ridge is $110,795 per year (2023 ACS 5-year estimates).

What is the sales tax in Prairie Ridge, WA?

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

Is Prairie Ridge, WA affordable?

Prairie Ridge 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 Prairie Ridge?

Prairie Ridge has average high temperatures of 59.6°F and average lows of 44.3°F. Annual precipitation is 42". Data from NOAA 1991–2020 Climate Normals.

Prairie Ridge at a Glance

Population
12,054
Median Income
$110,795
Home Value
$436,200
Median Rent
$1,742/mo
Unemployment
6.3%
Avg High Temp
59.6°F
Sales Tax
9.2%
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🗺️ County data for Washington

Explore county-level cost of living data

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