Cost of Living in Moses Lake, WA

With a cost of living index of 97, Moses Lake, WA is slightly more affordable than average. Living here is 3% cheaper than the national average and 22% below the Washington state average of 119. With a population of 25,594, Moses Lake is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Moses Lake's cost of living. The median monthly rent is $1,203 (9% below the US median of $1,319), and the median home value sits at $278,100 (9% below the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Moses Lake is $71,854, which is 4% lower 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 Moses Lake. The area sees an average annual temperature of 50.9°F, with summers averaging 71°F and winters around 32°F. Annual rainfall totals 7.8 inches spread over roughly 74 days.

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.