Ferndale, WA vs Parkland, WA
Ferndale, WA and Parkland, WA have a very similar cost of living, with only a 1.6% difference in their overall index. Ferndale scores 121 while Parkland scores 119 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 Ferndale is $1,461/month compared to $1,593/month in Parkland — a 8% difference. Interestingly, home values tell a different story: while Ferndale has cheaper rent, Parkland actually has lower median home values ($382,700 vs $492,400).
Median household income in Ferndale is $83,839 compared to $71,829 in Parkland (+16.7%). While Ferndale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferndale spend roughly 20.9% of their income on rent, less than the 26.6% in Parkland.
Climate-wise, both cities share similar average temperatures (51.2°F vs 51.9°F). Parkland receives more rainfall at 42" per year compared to 34.7" in Ferndale.
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