If you consider moving to Spokane here is what you should know. Spokane is located in the northwest part of the United States. It is the largest city in the state of Washington and the most populous city of the Waianae region. The city's official website describes it as a place where "history, nature, and outdoor adventure meet." It is famous for its many parks and trails, as well as its annual apple festival, which takes place in September.
If you are thinking about moving to or visiting Spokane then this article will help you get an idea of what the average cost of living is like and how much you will need to budget. We will discuss the most essential items that you will need to get by in the city and how much they cost. We will then compare that to what you would need to spend in a small town in order to enjoy a similar lifestyle. This should help you get a good idea of what you will need to budget for and what you can expect the average cost of living in Spokane to be.
Spokane's housing prices are among the most expensive in the country. In fact, the city's median home value is $339,000. This is more than three times the national average. Home values rose by 27% from 2014 to 2018. Estimates suggest that even the most affordable neighborhoods in the city are now completely out of reach of most people. This rapid rise in home values is mostly due to the fact that there are very few affordable housing options in the city.
Only 6% of the city's homes are classified as affordable, which is the lowest share of any other major city in the country. This means you will need to spend a large portion of your income on rent. This cost of living also makes it more difficult for those who want to be able to save for a down payment on a house. It will likely take a major chunk of their savings potential.
Another factor contributing to the city's high housing costs is the relatively low supply of available homes. As we mentioned, only 6% of the city's homes are classified as affordable. This means there is a shortage of supply. The lack of housing options means that those who can afford a home will be forced to pay more for it. This also means that those who can't afford a home will be forced to live in neighborhoods that are increasingly becoming dangerous.
Getting around the city itself is not as easy as it could be. Spokane is over 500 miles from the nearest major airport, which is in Seattle. This means you will have to travel for at least a couple of hours to reach your destination. During the week, traffic is fairly light, with only around 4-5 flights departing from and arriving at the nearest major airport. However, at weekends, flights land and take off non-stop, meaning you will have to deal with longer travel times and more traffic.
The best option for getting around the city is by car, considering there is an abundance of parking spots and the highway system is well-maintained. However, this is not an ideal solution for those who want to live in a small-town atmosphere with all the city's amenities.
