Cost of Living in Lake Ketchum, WA

With a cost of living index of 128, Lake Ketchum, WA is a notably expensive place to live. Living here is 28% more expensive than the national average and 8% above the Washington state average of 119. Lake Ketchum is a small community of 1,088 residents.

The median household income in Lake Ketchum is $132,716, which is 77% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Lake Ketchum. The area sees an average annual temperature of 52.1°F, with summers averaging 61°F and winters around 44°F. Annual rainfall totals 19.9 inches spread over roughly 148 days.

Everyday prices in the Seattle-Tacoma-Bellevue, 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.