Cost of Living in Skykomish, WA

With a cost of living index of 116, Skykomish, WA is a notably expensive place to live. Living here is 16% more expensive than the national average and 3% below the Washington state average of 119. Skykomish is a small community of 112 residents.

Housing costs are the biggest factor in Skykomish's cost of living. The median monthly rent is $1,406 (7% above the US median of $1,319), and the median home value sits at $411,100 (35% above the national median of $304,900). At current prices, the median home costs roughly 5.4x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Skykomish is $75,536, which is 1% 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.

Climate is another factor for anyone considering a move to Skykomish. The area sees an average annual temperature of 42.4°F, with summers averaging 57°F and winters around 29°F. Annual rainfall totals 85 inches spread over roughly 187 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Seattle-Tacoma-Bellevue, 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.