F
64%
Overall NAT. AVG.
19%
Goods & Services NAT. AVG.
179%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Mill Creek Washington National
Cost of living164118100
Goods & Services119111100
Groceries112110100
Health care118120100
Housing279135100
Transportation122123100
Utilities9592100

An Overview of Cost of Living in Mill Creek, WA

Knowing the cost of living in Mill Creek allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Mill Creek stands at 164, marking it 64% higher than the national average.

If you're in pursuit of an economical living environment, Mill Creek may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Mill Creek falls within this bracket.

Housing costs are a very significant part of the Mill Creek cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 178.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

The things you purchase regularly, like clothes, haircuts, movie tickets and gym memberships, can make a big dent in your budget and make up 33% of the cost of living index. Unfortunately in Mill Creek, these items will cost you 18.7% more than what's considered the norm, making it a more expensive place to call home.

Groceries are getting more expensive by the day and the cost of groceries makes up 13% of the overall cost of living index. In the past two years, prices have shot up by over 10%! Unfortunately, in Mill Creek, it's the same story – grocery costs are 12.4% higher than what people pay across the country.

What Do Locals Say About the Cost of Living in Mill Creek?

Locals have the inside scoop on their city. So, we polled 5 residents in Mill Creek to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 60% find it reasonable with decreasing prices, but 40% think it's quite pricey, with prices that continue to rise.

Is Mill Creek Affordable?

Is Mill Creek an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Mill Creek, the median home price is 216.4% higher than what most folks pay across the country, and monthly rent prices are 91% higher than the usual rates. Income levels in Mill Creek come in at $104,951, which is 89.7% higher than the national average.

What Factors can Influence the Cost of Living in Mill Creek?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Mill Creek, the housing index is 178.8% higher than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Mill Creek, the transportation index is 21.8% higher than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Mill Creek, the healthcare costs are 18% higher than the national average.

Where is the Data From?

The Mill Creek cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Mill Creek is 39% higher than the Washington average
  • The cost of living in Mill Creek is 64% higher than the national average
  • Mill Creek housing is 179% higher than the national average
  • Washington general sales tax is 27% higher than the national average
  • Washington state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Mill Creek

See all the best places to live around Mill Creek

Compare Mill Creek, WA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$142,917$11,910$3,335$4,288
      Renters$74,153$6,179$1,730$2,225
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mill Creek, WA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Mill Creek homeowners, is $142,917. This would allow for a maximum of $3,335 per month to be spent on housing costs. For renters, the median monthly income is $74,153 which would result in a maximum of $1,730 to be spent on rental costs.

      Washington Sales Tax

      State General Sales Tax With Max Surtax
      Washington 6.5% 10.4%

      Washington Income Tax

      State Income Tax (Low) Income Tax (High)
      Washington 0% 0%

      Goods & Services

      Item Mill Creek National avg. Difference
      Haircut $31.33$24.2629.1%
      Beauty Salon $49.67$45.569.0%
      Toothpaste $3.89$3.705.1%
      Shampoo $1.21$1.285.8%
      Movie $12.43$12.132.4%
      Bowling $18.08$18.000.5%

      Groceries

      Item Mill Creek National avg. Difference
      Ground Beef $6.18$5.845.9%
      Fried Chicken $2.23$1.5742.0%
      Milk $4.87$4.674.2%
      Potatoes $4.43$4.9310.2%
      Pizza $13.35$12.0910.4%
      Beer $11.13$10.416.9%

      Health Care

      Item Mill Creek National avg. Difference
      Optometrist $132.73$125.685.6%
      Doctor $183.40$135.7835.1%
      Dentist $146.29$113.2929.1%
      Ibuprofen $11.37$10.656.7%
      Lipitor $508.19$468.608.4%

      Housing

      Item Mill Creek National avg. Difference
      Home Price $584,400.00$184,700.00216.4%
      Avg. Mortgage Payment $3,228.87$2,346.6937.6%
      Apartment Rent $1,813.00$949.0091.0%

      Transportation

      Item Mill Creek National avg. Difference
      Gasoline $4.14$3.4619.7%
      Tire Balancing $65.57$59.929.4%

      Utilities

      Item Mill Creek National avg. Difference
      All Electricity $163.64$193.9915.6%
      Phone $200.10$192.254.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hat Island, WA6111414.5%
      Indianola, WA3,56413433.8%
      Everett, WA110,84013433.5%
      Marysville, WA69,62913434.0%
      Snohomish, WA10,14113534.7%
      Mill Creek, WA20,75016463.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sainte-Marthe-sur-le-Lac, QC20,759n/a 
      Baie-Comeau, QC20,732n/a 
      McNair, VA20,77614242.3%
      North Salt Lake, UT20,72112322.7%
      Mokena, IL20,72011818.3%
      Mill Creek, WA20,75016463.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.