Fife, WA

Very High · 140

Washington · Population 10,902 · Updated March 2026

$1,836
Median Rent / Month
$90,515
Median Income
$480,600
Median Home Value
$1,955
Owner Costs / Month

Affordability

How far your income goes in Fife

24.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Washington

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.5%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$22,032
Annual Rent
$0
State Income Tax
$4,422
Property Tax (est.)

Cost of Living Overview

Fife has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 140 (where 100 equals the national median), Fife residents can expect to pay median rent of $1,836/month while earning a median household income of $90,515/year.

The median home value in Fife, WA is $480,600, with typical monthly owner costs around $1,955 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Washington has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.5% sales tax rate and 0.92% effective property tax rate, the overall tax environment helps keep costs manageable in Fife.

Frequently Asked Questions

Common questions about living costs in Fife

What is the cost of living in Fife, WA?
The cost of living index in Fife, WA is 140 (US average = 100). Median monthly rent is $1,836, median household income is $90,515/year, and the median home value is $480,600.
Is Fife, WA affordable?
No, Fife is more expensive than the national average with a cost index of 140. The rent-to-income ratio is 24.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fife, WA?
The median gross rent in Fife, WA is $1,836 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,032.
What is the median household income in Fife?
The median household income in Fife, WA is $90,515 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Washington?
Washington has a top income tax rate of 0%, a sales tax of 6.5%, and an effective property tax rate of 0.92%. Notably, there is no state income tax.