Thinking about making Spokane, Washington your next home? You’re not alone. Spokane has quickly become one of the most talked-about cities in the Pacific Northwest—and for good reason. With its natural beauty, growing economy, and vibrant community, it’s no wonder people are asking the big question: Is it actually affordable to live here?
💰 Cost of Living: The Good News
Compared to major metro areas like Seattle or Portland, Oregon, Spokane’s cost of living is still significantly lower. Housing has historically been more attainable, and many residents find they can own a home here for what they’d pay in rent elsewhere. Everyday expenses like groceries, utilities, and transportation are generally moderate, making it easier for families and first-time buyers to build a life here.
🏡 Real Estate Market Snapshot
While prices have risen over the past few years, Spokane remains one of the more affordable housing markets in the region. Buyers often get more space—larger yards, updated homes, and peaceful neighborhoods—without stretching their budgets as far as they would in larger cities.
☀️ The Pros of Living in Spokane
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Access to Nature: Rivers, lakes, mountains, and trails are just minutes away.
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Strong Sense of Community: Spokane has a friendly, small-town feel with big-city perks.
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Job Growth: Healthcare, education, and tech sectors are expanding.
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Lifestyle Balance: You can enjoy city amenities without constant traffic jams.
🌧️ The Cons to Consider
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Rising Housing Demand: Increased popularity has caused competition for homes.
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Winter Weather: Spokane gets snow—beautiful, but something to plan for.
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Limited Public Transit: Owning a car makes life a lot easier here.
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Growing Pains: As the city grows, so does the cost of living.
🏠 Final Thoughts
Yes, Spokane can still be affordable—but it’s smart to get in while you can. Working with a local team who understands the market can make all the difference.
👉 Thinking about calling Spokane home? Rios & Co Real Estate is here to help you find the right neighborhood, the right price point, and the right fit for your lifestyle.
