Cost of Living in Bay city, OR
Housing
The housing market plays a significant role in determining the cost of living in Bay city, OR.
- Housing Index: Data is updating
- Median Home Price is: $308,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the housing metrics for Bay city, OR, we see a housing index of 0.0, which suggests affordability or potential market stagnation. The median home price is positioned at 308000. However, the absence of average rents for both a 2-bedroom apartment and house may indicate limited rental availability or emerging market trends. Prospective buyers might find opportunities in homeownership, while renters should explore other options. Given the fluctuating nature of real estate, consider the local economy, employment opportunities, and upcoming developments in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bay city, OR.
- Electricity Price: $15.12 USD (median by state)
- Natural Gas Price: $16.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Bay city, OR could entail higher utility costs. Electricity costs sit at $15.12, while natural gas is priced at $16.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bay city is a financially viable option for your relocation.