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2024 BEA RPP All 4 categories Federal source

Spokane-Spokane Valley, WA

Cost-of-living indicators for Spokane-Spokane Valley, WA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 44060 · Data year: 2024 · Rank: #81 of 387

Spokane-Spokane Valley, WA has a cost of living index of 100.3, meaning it's 0.3% more expensive than the national average. Goods cost 5.0% more, services 8.8% less, and rents are 2.9% below average. A $100K national salary has the purchasing power of $99,655 here.

What the Numbers Mean for Spokane

Spokane ranks #81 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 100.3, Spokane-Spokane Valley, WA is 0.3% more expensive than the national baseline of 100. The gap between Spokane's most and least expensive categories — goods at 105.0 versus services at 91.2 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $99,655 inside Spokane, while a household needs roughly $100,346 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 97.1 — 2.9% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Spokane's overall index has risen by 5.1 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 105.0 and services at 91.2, meaning everyday spending in Spokane is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Spokane Cost Index at a Glance

Spokane all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100100.3

Spokane category breakdown

BEA RPP composition by goods, services, rents, overall

Rents97.059Services91.196Goods105.028Overall100.346

Price Index Summary

Overall

100.3

+0.3 above avg

Goods

105.0

+5.0 above avg

Services

91.2

-8.8 below avg

Rents

97.1

-2.9 below avg

Price Index vs National Average (100)

Overall
National avg

Index 100.3 (+0.3 vs national avg)

Goods
National avg

Index 105.0 (+5.0 vs national avg)

Services
National avg

Index 91.2 (-8.8 vs national avg)

Rents
National avg

Index 97.1 (-2.9 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Goods +5.0% (105.0)
Overall +0.3% (100.3)

Below National Average

Services -8.8% (91.2)
Rents -2.9% (97.1)

Income Adequacy in Spokane

Spokane income adequacy score

$75,000 median income vs RPP 100.3

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$100,346

in Spokane-Spokane Valley, WA purchasing power

$50,000 nationally
$50,173
$75,000 nationally
$75,260
$125,000 nationally
$125,433
$150,000 nationally
$150,519
$200,000 nationally
$200,692

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 5.1 points over this period.

Year Overall
2008 95.3
2009 98.1
2010 96.8
2011 97.0
2012 97.9
2013 97.5
2014 96.7
2015 96.2
2016 96.1
2017 97.2
2018 100.2
2019 99.4
2020 98.6
2021 98.7
2022 102.6
2023 100.9
2024 100.3

Metros with Similar Cost of Living

These metros have an overall RPP closest to Spokane-Spokane Valley, WA's index of 100.3.

Related Data for Spokane

Frequently Asked Questions

What is the cost of living in Spokane-Spokane Valley, WA?
Spokane-Spokane Valley, WA has a Regional Price Parity (RPP) index of 100.3, meaning it is 0.3% more expensive than the national average. Goods are indexed at 105.0, services at 91.2, and rents at 97.1. It ranks #81 out of 387 U.S. metro areas by overall cost.
What salary do I need in Spokane-Spokane Valley, WA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $100,346 in Spokane-Spokane Valley, WA. Conversely, $100K earned in Spokane-Spokane Valley, WA has the purchasing power of $99,655 at the national average.
How expensive is rent in Spokane-Spokane Valley, WA?
Rents in Spokane-Spokane Valley, WA are indexed at 97.1, which is 2.9% below the national average. This is close to the U.S. average.
Is Spokane-Spokane Valley, WA getting more expensive?
From 2008 to 2024, Spokane-Spokane Valley, WA's overall cost index changed by +5.1 points (from 95.3 to 100.3). The cost of living has been trending upward.
What costs the most in Spokane-Spokane Valley, WA?
The most expensive category in Spokane-Spokane Valley, WA is goods at 105.0, which is 5.0% above the national average. The most affordable category is services at 91.2, 8.8% below average.
What metros have a similar cost of living to Spokane-Spokane Valley, WA?
Metros with the most similar overall cost index include Ogden, Flagstaff, Detroit-Warren-Dearborn. These areas have RPP values within a few points of Spokane-Spokane Valley, WA's 100.3.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

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