Rent is lower than in 71% of U.S. cities. A typical house costs about 4.2 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $50,760 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Washington cities?
Yes. Rent here is cheaper than in most of Washington. It is number 15 of 192 cities from cheapest to most expensive.
How much do households earn in Hoquiam?
Share of households by yearly income. 15.4% of households earn $100,000 or more.
Rent by apartment size in Hoquiam
| Size | Hoquiam | U.S. average |
|---|---|---|
| Studio | $884 | $1,338 |
| 1 bedroom | $878 | $1,324 |
| 2 bedrooms | $1,003 | $1,509 |
| 3 bedrooms | $1,479 | $1,698 |
| 4 bedrooms | $1,506 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hoquiam overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hoquiam, so the Washington figure is shown.
Taxes and bills in Hoquiam
Life in Hoquiam
Is it cheaper to rent or buy in Hoquiam?
Renting is cheaper right now: about $314 a month less.
Owning assumes a typical $228,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,820 for the down payment.
Frequently asked questions
What is the average rent in Hoquiam, WA?
Renting in Hoquiam costs a median of about $1,269 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Hoquiam?
To keep rent under 30% of income, you need about $50,760 a year, or $24 an hour at a full-time job.
Is Hoquiam cheap or expensive?
Hoquiam is rated OK: rent takes 28.4% of the typical household income of $53,704. It ranks 15th cheapest of 192 Washington cities we track.
How much are property taxes in Hoquiam?
The median homeowner in Hoquiam pays $1,976 a year in property taxes, about 0.87% of the median home value.
Is Hoquiam more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hoquiam?
The median home value in Hoquiam is $228,200, about 4.2 times the typical yearly household income.
8,800 people live in Hoquiam. Numbers are typical (middle) values.