Cost of Living in Mcminnville, OR
Housing
The housing market plays a significant role in determining the cost of living in Mcminnville, OR.
- Housing Index: Data is updating
- Median Home Price is: $418,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Mcminnville, OR, it's essential to note the area's population of and a median age of . The statistic indicating that 35% of families are married suggests a potentially stable community environment. With a median income of and a poverty level of %, the local economy appears moderately resilient, while an unemployment rate of % signals a healthy job market. Additionally, Mcminnville benefits from diverse recreational opportunities and amenities, making it a promising place to call home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mcminnville, 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 Mcminnville, 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 Mcminnville is a financially viable option for your relocation.