Cost of Living in Canby, OR
Housing
The housing market plays a significant role in determining the cost of living in Canby, OR.
- Housing Index: 120.0 / 100
- Median Home Price is: $489000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1936 per month
When considering relocating to Canby, OR, the housing market presents a mixed but potentially favorable scenario. With a housing index of 120.0, and a median home price of 489000, purchasing might seem steep. Average rents for a 2-bedroom apartment and house, at 1800 and 1936, respectively, underscore affordability challenges. However, keep in mind that real estate trends might vary based on local job growth, schools, and amenities. A comprehensive evaluation of your finances and long-term plans will be crucial in making the right decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Canby, 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.): $250 per month
Living in Canby, 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 250 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 Canby is a financially viable option for your relocation.