Cost of Living in Grand Mound, WA

With a cost of living index of 102, Grand Mound, WA is somewhat more expensive than average. Living here is 2% more expensive than the national average and 17% below the Washington state average of 119. Grand Mound is a small community of 3,711 residents.

Housing costs are the biggest factor in Grand Mound's cost of living. The median monthly rent is $1,273 (3% below the US median of $1,319), and the median home value sits at $325,000 (7% above the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Grand Mound is $77,000, which is 2% higher than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Grand Mound. The area sees an average annual temperature of 50.5°F, with summers averaging 63°F and winters around 40°F. Annual rainfall totals 50.6 inches spread over roughly 163 days.

Everyday prices in the Olympia-Lacey-Tumwater, WA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.