Cost of Living in Eugene, OR

Housing

The housing market plays a significant role in determining the cost of living in Eugene, OR.

• Housing Index: 114.5 / 100
• Median Home Price is: $352000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1856 per month

Considering the data for Eugene, OR, the current housing index stands at 114.5, indicating it is slightly above the national average. With a median home price of 352000, purchasing a home here may require careful financial planning. For renters, the average rent for a 2-bedroom apartment is 1800, while a 2-bedroom house averages 1856. Balancing rental costs and housing prices is crucial, as the demand for housing in urban areas typically rises, impacting future prices. Therefore, if you're contemplating a move, consider both immediate costs and long-term investments in this market.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Eugene, 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 Eugene, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 107.8

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $61481

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Eugene, OR, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.