Spokane is a city located in eastern Washington and also the second largest city in Washington State.
It’s a fairly run down city, and everything is spread out. Downtown is a small area with bars.
Compared to Seattle or San Francisco, you will be able to put down a financial foundation for your life quickly here.
You will have more money for savings, more money for purchasing a house and your mortgage payment will be much lower.
This is a great place to start your life and get your finances in order before doing things that may be unavailable here.
Spokane offers an unfathomable number of fast food restaurants – which isn’t great for your stomach, but is perfect for your wallet. There are high-end restaurants that cost a lot and some cheaper ones where you can have a delicious meal for around 15$. If you’re really on a tight budget, you can eat in any of the chain fast food restaurants.
Huckleberry’s Natural Market is the place to go when it comes to grocery shopping in Spokane. Apart from the lower price, obviously, it offers a vast array of everything. While now in competition with Natural Grocers and Trader Joe’s, Huckleberry’s was the first natural grocery store of its kind in Eastern Washington. It also offers large wine and bulk foods selection.
During the past five years, Spokane has rapidly developed its bicycling infrastructure, adding both protected and unprotected bike lanes, and traffic-separated bike trails and paths. Many people living here don’t even use public transport and their transport costs are down to zero – they just go on foot because much of downtown is very compact and walkable.
Depending on the size of your apartment, monthly utilities, including heating, cooling, electricity and gas could cost between 100$ and 250$ a month. However, for an apartment of about 85m2, your bills would amount up to 140$. Internet is expensive as well, amounting up to around 65$ a month.
SPORTS & LEISURE
There are places to hike and lots of nice short trails all over Spokane, so you won’t have to spend a bunch of money on gyms or fitness clubs. Though the city is not necessarily bike-friendly, you can go further away from the center and enjoy the nature there. If you prefer indoor spaces, a gym membership will probably cost you around 40$ a month which is very reasonable according to US standards.
CLOTHING & SHOES
Spokane has many boutiques, shops, stores and all sorts of malls. If you’re set on shopping for clothing and shoes, just go into any of these stores/facilities. The prices are relatively low – quality jeans cost around 45$, while summer dresses and shirts are around 35$. Quality sneakers are more expensive, standing at around 75$.
RENT PER MONTH
Rents are relatively inexpensive for the type of area. Additionally, the better suburbs around the city come with higher price tags then you might see in other suburbs. Though rent is skyrocketing in Washington, beyond what most working people can afford, in Spokane it is quite reasonable. For example, 850$ for a single bedroom near downtown is very good.
Cost of Living Averages Table for Spokane, WA
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 15.00|
|Domestic Beer (0.5 Liter)||$ 5.25|
|Water (0.33 Liter)||$ 1.74||Average Market Prices|
|Milk (1 Liter)||$ 0.70|
|Loaf Bread (500g)||$ 2.12|
|Eggs (12)||$ 2.02||Average Transport Prices|
|One Way Ticket||$ 1.75|
|Monthly Pass||$ 49.99|
|Gasoline||$ 0.82||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 142.91|
|1 min. of Prepaid Mobile Tariff Local||$ 0.10|
|Internet (Unlimited Data, Cable/ADSL)||$ 67.68||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 36.25|
|Tennis Court Rent (1 Hour)||$ 10.00|
|Cinema, 1 Seat, International Release||$ 12.00||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 44.00|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 40.00|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 74.00||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 874.62|
|Apartment (1 bedroom) Outside of Center||$ 728.46|
|Apartment (3 bedrooms) in City Center||$ 1500.00|
How Does the Average Person Spend Their Money in Spokane, WA?
As for the expenses, the biggest chunk of the paycheck of Spokane’s citizens gets spent on food and supermarkets.
With more than 27% of one’s income being spent on rent, it can easily be said rent is the second biggest expense in Spokane.
Rent will be your problem when it comes to finances, since they’re definitely the main financial burden for the people of Spokane.
What is also high is the percentage of restaurant expenses: namely as much as 15% of one’s entire salary gets spent on restaurants.
Spokane, WA: Average Salary, Minimum Wage & Mortgages
Job opportunities in Spokane are good and businesses are generally doing well.
People in Spokane earn considerable amounts of money, and this is actually their normal standard of living.
With an average wage reaching far and beyond 2000$, citizens of Spokane have enough money to cover all their expenses, afford most of the things they want and need, and still live comfortably.
Of course, those that are renting have a harder time since they’re spending a lot more money.
The minimum wage doesn’t fall far behind the average monthly salary, so citizens of Spokane shouldn’t have problems making ends meet
Cost of Living by City in United States
*Click the name of the city for more information.