Cost of Living in Rocky Point, WA

With a cost of living index of 128, Rocky Point, WA is a notably expensive place to live. Living here is 28% more expensive than the national average and 9% above the Washington state average of 119. Rocky Point is a small community of 1,648 residents.

Housing costs are the biggest factor in Rocky Point's cost of living. The median monthly rent is $1,560 (18% above the US median of $1,319), and the median home value sits at $531,600 (74% 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 Rocky Point is $83,456, which is 11% higher than the national median of $75,149. Residents spend roughly 22% 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 Rocky Point. The area sees an average annual temperature of 53.8°F, with summers averaging 66°F and winters around 43°F. Annual rainfall totals 36.5 inches spread over roughly 154 days.

Everyday prices in the Bremerton-Silverdale-Port Orchard, 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.