StateRates

Olympia-Lacey-Tumwater cost of living

Prices in the Olympia-Lacey-Tumwater, WA metro area run at 103.7 against a national average of 100, ranking it #38 of 387 metros. Rents there sit at 116.7.

Washington

All items 103.7 #38 of 387 metros
Rents 116.7 national average 100
Median wage $60,300 BLS metro survey
Worth nationally $58,149 same wage, adjusted

What drives the number

Prices in Olympia-Lacey-Tumwater run at 103.7 where the national average is 100, so about 3.7 per cent above the country as a whole. It ranks #38 of 387 metro areas. Against Washington as a whole it is 3.3 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.

Housing is doing nearly all of the work. Rents sit at 116.7 while goods sit at 105.0, a gap of 13 points between what it costs to live somewhere and what it costs to buy things. That pattern is the single most useful thing the parity series shows: the cost of a place is the cost of its housing. Goods at 105.0 are themselves 5 points off national, which is a wide gap for a category that is mostly shipped in.

The practical use of this number is converting pay between places. Take any salary quoted here, divide by 103.7, multiply by 100, and you have what it would need to be nationally to leave you equally well off.

All items 103.7
Goods 105.0
Rents 116.7
Other services 91.7

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Olympia-Lacey-Tumwater

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Olympia-Lacey-Tumwater is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Olympia-Lacey-Tumwater, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
Fast Food and Counter Workers 3,530 $35,710 $34,436 $30,480
General and Operations Managers 3,480 $116,730 $112,565 $102,950
Home Health and Personal Care Aides 3,120 $44,440 $42,854 $34,900
Retail Salespersons 3,050 $37,270 $35,940 $34,580
Management Analysts 2,410 $86,200 $83,124 $101,190
Cashiers 2,370 $36,280 $34,986 $31,190
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 2,180 $52,610 $50,733 $46,290
Registered Nurses 2,140 $103,850 $100,145 $93,600

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 103.7.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Seattle-Tacoma-Bellevue 111.1 151.3 #7
Bremerton-Silverdale-Port Orchard 105.6 129.6 #26
Portland-Vancouver-Hillsboro 105.4 125.1 #28
Wenatchee-East Wenatchee 103.9 115.0 #37
Bellingham 103.3 112.9 #42
Mount Vernon-Anacortes 102.4 108.2 #53

Olympia-Lacey-Tumwater: common questions

Is Olympia-Lacey-Tumwater expensive?

Prices are 3.7% above the national average, a parity of 103.7 where the country is 100. It ranks #38 of the 387 metro areas BEA measures. Against Washington as a whole it is 3.3 points less expensive.

What salary do you need in Olympia-Lacey-Tumwater?

The median worker there earns $60,300, which buys what $58,149 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 116.7 against goods at 105.0. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.