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Cost of Living in Vancouver, WA

Population 195,300 · Census ACS 2020–2024 5-year estimates

Median rent$1,702
Median home value$462,400
Median household income$81,338

The median rent in Vancouver, WA is $1,702/month, 3% lower than the Washington median and 20% higher than the U.S. median. The median home value is $462,400, 39% higher than the national median. Households earn a median of $81,338 a year, 17% lower than the state median.

Affordability

Rent as a share of median income: 25.1%
Income needed for median rent (30% rule): $68,080/yr
Home price-to-income ratio: 5.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,338/mo

Run your own numbers: mortgage calculator · hourly to salary

Vancouver vs. Washington vs. U.S.

VancouverWashingtonU.S.
Median rent$1,702$1,760$1,413
Median home value$462,400$564,600$332,700
Median household income$81,338$98,141$80,734
Homeownership rate50.8%63.8%65.2%
Bachelor's degree or higher32.3%39.6%35.7%
Poverty rate10.2%9.9%12.5%
Unemployment rate5.7%5.1%5.2%
Work from home17.6%19.8%15.1%
Median age37.938.338.9

FAQ

What is the average rent in Vancouver, WA?

The median gross rent in Vancouver, WA is $1,702 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Vancouver, WA?

Using the common 30% rule, renting a median-priced home takes about $68,080 a year in gross income.

Is Vancouver, WA expensive to live in?

Rent there is 20% higher than the U.S. median, and the median home costs about 5.7 times the median household income.

Other cities in Washington

Seattle, WARent $2,030 · Income $123,860Spokane, WARent $1,215 · Income $70,064Tacoma, WARent $1,676 · Income $85,884Bellevue, WARent $2,572 · Income $165,576Kent, WARent $1,909 · Income $92,302Everett, WARent $1,740 · Income $83,512

Cities with a similar cost of living

Peachtree Corners, GARent $1,701 · Income $82,139South Fulton, GARent $1,702 · Income $82,324Carrollwood, FLRent $1,715 · Income $81,959Euless, TXRent $1,690 · Income $82,167North Las Vegas, NVRent $1,705 · Income $79,542Modesto, CARent $1,690 · Income $79,891

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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