Cost of Living in Port Ludlow, WA

With a cost of living index of 144, Port Ludlow, WA is one of the most expensive cities in the United States. Living here is 44% more expensive than the national average and 25% above the Washington state average of 119. Port Ludlow is a small community of 2,979 residents.

Housing costs are the biggest factor in Port Ludlow's cost of living. The median monthly rent is $1,909 (45% above the US median of $1,319), and the median home value sits at $590,500 (94% above the national median of $304,900). At current prices, the median home costs roughly 6.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Port Ludlow is $92,245, which is 23% higher than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Port Ludlow. The area sees an average annual temperature of 51.4°F, with summers averaging 62°F and winters around 41°F. Annual rainfall totals 33.4 inches spread over roughly 178 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.