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Central Park, WA vs Terrace Heights, WA

97
Central Park
Washington
VS
+1.9%
95
Terrace Heights
Washington

Central Park, WA and Terrace Heights, WA have a very similar cost of living, with only a 1.9% difference in their overall index. Central Park scores 97 while Terrace Heights scores 95 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Central Park is $1,108/month compared to $1,124/month in Terrace Heights — a 1% difference. Home values follow the same pattern: Central Park is more affordable at $313,300 median vs $325,000.

Median household income in Central Park is $97,273 compared to $79,525 in Terrace Heights (+22.3%). While Central Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Central Park spend roughly 13.7% of their income on rent, less than the 17% in Terrace Heights.

Climate-wise, both cities share similar average temperatures (51°F vs 50.8°F). Central Park receives more rainfall at 68.8" per year compared to 8" in Terrace Heights.

Income & Cost

Cost of Living Index
Central Park
97
Terrace Heights
95
2% cheaper
Median Household Income
Central Park
$97,273
18% higher
Terrace Heights
$79,525

Housing

Median Rent
Central Park
$1,108
1% cheaper
Terrace Heights
$1,124
Median Home Value
Central Park
$313,300
4% cheaper
Terrace Heights
$325,000
Population
Central Park
3,203
Terrace Heights
9,480

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Central Park
Terrace Heights $3.22
US $3.07
🥚
Eggs (grade A, large)
Central Park
Terrace Heights $2.62
US $2.50
🥛
Milk (whole)
Central Park
Terrace Heights $4.22
US $4.03
🍞
Bread (white)
Central Park
Terrace Heights $1.94
US $1.85
🍗
Chicken breast
Central Park
Terrace Heights $4.35
US $4.14
Electricity
Central Park
Terrace Heights $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Central Park 51°F
Terrace Heights 50.8°F
Summer High
Central Park 67°F
Terrace Heights 90°F
Winter Low
Central Park 38°F
Terrace Heights 24°F
Rainfall
Central Park 68.8"
Terrace Heights 8"
Rainy Days
Central Park 190d
Terrace Heights 72d