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.
Median Household Income
$74,042
Annual · Census ACS
Median Gross Rent
$1,353
Per month · Census ACS
Median Home Value
$382,300
Census ACS
Cost of Living Index
92.4
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is 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
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,359
Per month
Avg Home Value
$398,633
Census ACS
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%
What is the cost of living index for Spokane Valley?
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.
What is the median rent in Spokane Valley?
The median gross rent in Spokane Valley is $1,353 per month according to US Census ACS data.
What is the median household income in Spokane Valley?
The median household income in Spokane Valley is $74,042 per year.
What is the median home value in Spokane Valley?
The median home value in Spokane Valley is $382,300 based on the latest Census ACS survey.
How is the air quality in Spokane Valley?
Air quality data for Spokane Valley is not yet available.
What are the taxes like in Spokane Valley?
Tax data for Washington is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
