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Washington climbs to 5th most expensive state to live in
Household essentials represent 59% of spending in Washington, where prices rose faster than the national average, making it the fifth most expensive state in 2023.
- Washington has climbed to become the fifth most expensive state in the nation, according to a new report from the Washington Roundtable using U.S. Bureau of Economic Analysis data.
- Over a 10-year period, housing and utility costs grew 62 percent, while transportation rose 51 percent and grocery bills 50 percent, with essentials consuming 59% of per capita spending.
- "I'm giving up my brand favorites to go to the lower price," one resident said, as consumers adjust purchasing habits to cope with rising costs, according to Kinetic West CEO Marc Casale.
- Rachel Smith, president of the Washington Roundtable, urged Washington to aim for "average" on tax policy, stating high combined tax rates contribute directly to rising prices families pay daily.
- This trend may be a factor in the net loss of more than 55,000 residents between 2021 and 2023, with many leaving for Arizona, Idaho, and Texas.
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WA’s status solidifies as one of the most expensive places in US
(Photo illustration by Getty images)In the past decade, Washington has become one of the most expensive states to live in. Drawing from an array of federal and state data, a new analysis shows the state’s cost of living rising faster than the national average over that time, with only California, New Jersey, Hawaii and Washington, D.C. considered more expensive in 2023. The 12-page Prices We Pay report, produced by the Washington Roundtable in c…
Coverage Details
Total News Sources11
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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