Cost of Living in Banks Lake South, WA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.2
100 = national avg
-1.8 vs national average
Living Wage (1 Adult)
$43,204
per year
Living Wage (Family of 4)
$102,118
per year
Cost Index by Category
Housing129.1
Food82.8
Transportation83.8
Healthcare86.2
Utilities95.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$939
per month
2 Bedroom
$1,232
per month
The overall cost of living index in Banks Lake South is 98.2, which is 1.8% below the national average. Housing costs are above the national average at an index of 129.1. A single adult needs to earn approximately $43,204 per year to cover basic expenses.