Cost of Living in Oak Harbor, WA

With a cost of living index of 121, Oak Harbor, WA is a notably expensive place to live. Living here is 21% more expensive than the national average and in line with the Washington state average. Oak Harbor is a smaller community of 24,396 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Oak Harbor's cost of living. The median monthly rent is $1,629 (24% above the US median of $1,319), and the median home value sits at $421,700 (38% above the national median of $304,900). At current prices, the median home costs roughly 5.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Oak Harbor is $72,041, which is 4% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Oak Harbor. 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.

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.