Spokane Valley, Washington has an overall cost of living index of 92.4, which is 7.6 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $1,353 per month, while the typical home is valued around $382,300. Households earn a median of $74,042 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$74,042
Median Income / yr
Census ACS
$1,353
Median Rent / mo
Census ACS
$382,300
Median Home Value
Census ACS
92.4
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
92.4
Goods
92.9
Rents / Housing
83.0
Services
89.2
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $124,110 |
| Registered Nurse | $83,900 |
| Elementary Teacher | $58,660 |
| Electrician | $52,620 |
| Accountant | $76,130 |
| Plumber | $52,560 |
| Nurse Practitioner | N/A |
| Civil Engineer | $86,770 |
| Operations Manager | $104,620 |
| Market Research Analyst | $59,150 |
| Health Services Manager | $104,710 |
| Truck Driver | $55,450 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
106,365
Latest estimate
Median Age
38.3 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
7
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,179
Per month
Avg Home Value
$326,600
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 99016 | — | $1,510 | $412,400 |
| ZIP 99027 | — | $1,093 | $342,100 |
| ZIP 99037 | — | $1,267 | $395,000 |
| ZIP 99202 | — | $979 | $230,400 |
| ZIP 99206 | — | $1,064 | $331,200 |
| ZIP 99212 | — | $1,137 | $274,000 |
| ZIP 99216 | — | $1,204 | $301,100 |
January Avg
32°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.2
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
93.8%
Spokane Valley has a Regional Price Parity (RPP) index of 92.4. The US national average is 100, so Spokane Valley is 7.6 points below the national average.
The median gross rent in Spokane Valley is $1,353 per month according to US Census ACS data.
The median household income in Spokane Valley is $74,042 per year.
The median home value in Spokane Valley is $382,300 based on the latest Census ACS survey.
Air quality data for Spokane Valley is not yet available.
Tax data for Washington is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
