Cost of Living in Oregon city, OR
Housing
The housing market plays a significant role in determining the cost of living in Oregon city, OR.
- Housing Index: 110.4 / 100
- Median Home Price is: $479,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
In Oregon city, OR, the housing index currently stands at 110.4, indicating a slightly above-average cost of living in terms of housing. The median home price of 479000 suggests that homeownership may be challenging for some buyers, while the average rent for a 2-bedroom apartment at 1800 and a house at 1840 presents a considerable expense for renters. It's important to consider average salaries and employment opportunities in the area, as these factors can significantly influence the feasibility of moving to Oregon city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oregon 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.): $250 per month
Living in Oregon 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 $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 Oregon city is a financially viable option for your relocation.