Cost of Living in Spokane Valley, WA

Population 105,460 · Washington · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Spokane Valley's cost indicators track within a reasonable band of national figures, with median household incomes near $70,722 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 113
Rent 95

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

About the Cost of Living in Spokane Valley

The median home value in Spokane Valley is $344,300 — 13% above the national median of $305,000. Median rent runs $1,247/month, 5% lower than the national median of $1,314/month. The median household income of $70,722/year is 5% lower than the US median of $74,580. The local unemployment rate is 5.9%, 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 38.9°F. Overall, Spokane Valley has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$344,300
13% above avg
Zillow Home Value
$404,482
Zillow ZHVI
Median Rent
$1,247/mo
5% below avg
Zillow Rent
$1,508/mo
Zillow ZORI
Price-to-Rent Ratio
23.0x
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 57.5%
Renter-occupied 42.5%

💰 Estimated Monthly Budget

Rent median rent
$1,247
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,861/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
22.4 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
74.5%
Carpooled
8.8%
Public transit
1.3%
Walked
1.2%
Bicycle
0.1%
Work from home
12.8%

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
$70,722
5% below avg
Per Capita Income
$35,235
Unemployment Rate
5.9%
22% above avg
Poverty Rate
12.9%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 16.7%
Graduate degree 8.0%

👥 Demographics

Median Age 37.6
Male median age 36.6
Female median age 38.6

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
18.1:1
Student-teacher ratio
31
Public schools
14,783
Total enrollment

Frequently Asked Questions

What is the cost of living in Spokane Valley, WA?

Spokane Valley has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Spokane Valley, WA?

The median gross rent in Spokane Valley is $1,247 per month based on 2023 Census data.

What is the average home price in Spokane Valley?

The median home value in Spokane Valley is $344,300 according to Zillow and Census data.

What is the median income in Spokane Valley?

The median household income in Spokane Valley is $70,722 per year (2023 ACS 5-year estimates).

What is the sales tax in Spokane Valley, WA?

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

Is Spokane Valley, WA affordable?

Spokane Valley is near the national average in terms of cost of living, with an index of 106 (100 = US average).

What is the weather like in Spokane Valley?

Spokane Valley 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.

Spokane Valley at a Glance

Population
105,460
Median Income
$70,722
Home Value
$344,300
Median Rent
$1,247/mo
Unemployment
5.9%
Avg High Temp
60.7°F
Sales Tax
9.2%
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