Poulsbo, WA vs University Place, WA
Poulsbo, WA and University Place, WA have a very similar cost of living, with only a 0.7% difference in their overall index. Poulsbo scores 138 while University Place scores 137 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 Poulsbo is $1,767/month compared to $1,664/month in University Place — a 6% difference. Interestingly, home values tell a different story: while University Place has cheaper rent, Poulsbo actually has lower median home values ($574,900 vs $578,100).
Median household income in Poulsbo is $95,774 compared to $94,952 in University Place (+0.9%). While Poulsbo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Poulsbo spend roughly 22.1% of their income on rent, more than the 21% in University Place.
Climate-wise, both cities share similar average temperatures (53.2°F vs 51.9°F). University Place receives more rainfall at 42" per year compared to 37.8" in Poulsbo.
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Climate
NOAA 30-year normals (1991-2020)