Cost of Living in Omak, WA

With a cost of living index of 82, Omak, WA is a very affordable place to live. Living here is 18% cheaper than the national average and 37% below the Washington state average of 119. Omak is a small community of 4,931 residents.

Housing costs are the biggest factor in Omak's cost of living. The median monthly rent is $828 (37% below the US median of $1,319), and the median home value sits at $240,400 (21% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Omak is $75,911, which is 1% higher than the national median of $75,149. Residents spend roughly 13% 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 Omak. The area sees an average annual temperature of 49.9°F, with summers averaging 71°F and winters around 29°F. Annual rainfall totals 11.6 inches spread over roughly 82 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.