Cost of Living in Oregon

Updated November 2026 · population 4,254,293

Cost index (US = 100)
103.4
More expensive than the US average
State rank
#12 of 51
1 = most expensive · all states
Monthly budget
$2,910
single · $5,743 family of 4
Modelled, state-average prices
Median rent
$1,525
home value $477,600

Oregon prices are 3.4% above the US average (index 103.4), ranking 12th most expensive of 51 states and DC; housing is the biggest cost driver at 108.6, and a single adult's modelled budget at state-average prices is about $2,910 a month.

Prices by category

Oregon price index by category, US average = 100: All items 103.4, Housing (rents) 108.6, Goods 105.3, Utilities 107.0, Other services 100.3

Cheaper than US average More expensive · BEA RPP 2024, state level
AreaAll items
Oregon (whole state)103.4
Metropolitan areas of Oregon104.3
Nonmetropolitan areas of Oregon97.2

Cities in Oregon

Select a column heading to sort.

Portland 641,165 105.3 $3,096 $6,065 $1,655 $581,500
Eugene 179,591 102.1 $2,745 $5,636 $1,402 $460,400
Salem 178,865 103.8 $2,693 $5,782 $1,400 $416,900
Gresham 112,378 104.4 $2,973 $5,877 $1,586 $458,700
Hillsboro 108,231 109.5 $3,340 $6,273 $1,978 $521,100
Bend 103,390 105.8 $3,070 $6,227 $1,883 $718,400
Beaverton 97,812 107.5 $3,222 $6,180 $1,826 $569,800
Medford 86,315 101.6 $2,692 $5,574 $1,376 $417,100
Springfield 61,499 100.2 $2,533 $5,417 $1,258 $358,700
Corvallis 59,960 104.4 $2,786 $5,936 $1,391 $502,900
Albany 56,839 102.2 $2,731 $5,643 $1,372 $389,200
Tigard 56,011 106.9 $3,201 $6,393 $1,782 $610,500
Aloha 52,389 108.4 $3,051 $6,074 $1,896 $484,400
McMinnville 34,596 101.7 $2,717 $5,583 $1,380 $432,800
Klamath Falls 22,115 97.0 $2,408 $5,394 $986 $287,000
Florence 9,482 100.2 $2,513 $5,510 $1,259 $358,300

Metro areas in Oregon

Metro areaAll itemsHousing
Portland-Vancouver-Hillsboro, OR-WA105.4125.1
Corvallis, OR104.0114.4
Salem, OR103.6110.3
Bend, OR103.6110.0
Albany, OR102.1101.1
Eugene-Springfield, OR101.698.3
Medford, OR101.497.7
Grants Pass, OR97.879.9

BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Oregon.

Modelled monthly budget at Oregon average prices

1 adult · 1-bedroom · modelled estimate for Oregon (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,159 $13,908 40%
Utilities $260 $3,120 9%
Food at home $297 $3,564 10%
Transportation $667 $8,004 23%
Health care $353 $4,236 12%
Clothing, personal care & supplies $174 $2,088 6%
Total$2,910$34,920100%

2 adults · 2-bedroom · modelled estimate for Oregon (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,356 $16,272 29%
Utilities $415 $4,980 9%
Food at home $548 $6,576 12%
Transportation $1,319 $15,828 28%
Health care $653 $7,836 14%
Clothing, personal care & supplies $343 $4,116 7%
Total$4,634$55,608100%

2 adults + 2 children · 3-bedroom · modelled estimate for Oregon (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,647 $19,764 29%
Utilities $505 $6,060 9%
Food at home $782 $9,384 14%
Transportation $1,758 $21,096 31%
Health care $609 $7,308 11%
Clothing, personal care & supplies $442 $5,304 8%
Total$5,743$68,916100%

state figures Rents are Census ACS state medians by bedrooms. See the methodology.

Electricity and gas and inflation

Residential electricity

15.92¢/kWh, August 2026

12-month change +0.4% · US 18.16¢

Aug 2025: 15.85¢/kWh Sep 2025: 16.04¢/kWh Oct 2025: 16.23¢/kWh Nov 2025: 15.66¢/kWh Dec 2025: 15.02¢/kWh Jan 2026: 14.65¢/kWh Feb 2026: 14.63¢/kWh Mar 2026: 14.88¢/kWh Apr 2026: 15.78¢/kWh May 2026: 16.27¢/kWh Jun 2026: 16.32¢/kWh Jul 2026: 15.97¢/kWh Aug 2026: 15.92¢/kWh

Regular gasoline regional figure: West Coast excl. California (PADD 5)

$4.77/gal, week of 2026-11-02

12-month change +25.9% · US $4.15

2026-05-11: $5.189/gal 2026-05-18: $5.186/gal 2026-05-25: $5.162/gal 2026-06-01: $5.080/gal 2026-06-08: $4.955/gal 2026-06-15: $4.844/gal 2026-06-22: $4.665/gal 2026-06-29: $4.534/gal 2026-07-06: $4.422/gal 2026-07-13: $4.393/gal 2026-07-20: $4.541/gal 2026-07-27: $4.662/gal 2026-08-03: $4.685/gal 2026-08-10: $4.643/gal 2026-08-17: $4.706/gal 2026-08-24: $4.776/gal 2026-08-31: $4.823/gal 2026-09-07: $4.975/gal 2026-09-14: $5.026/gal 2026-09-21: $5.106/gal 2026-09-28: $5.153/gal 2026-10-05: $5.116/gal 2026-10-12: $5.071/gal 2026-10-19: $5.007/gal 2026-10-26: $4.868/gal 2026-11-02: $4.771/gal

Consumer prices in the West region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).

Price level history

Year201920202021202220232024
Oregon103.8103.2103.2106.6104.8103.4

Change over the period: −0.5 points. Each year is measured relative to that year's US average.

Frequently asked questions

Is Oregon an expensive state to live in?

Oregon has a cost of living index of 103.4 (US = 100), 3.4% above the US average. It ranks 12th of 51 (1 = most expensive). Housing is 108.6 (rank 14), goods 105.3, utilities 107.0 and other services 100.3. Source: BEA Regional Price Parities 2024.

How much does it cost to live in Oregon?

At Oregon state-average prices, our modelled monthly budget is $2,910 for a single adult, $4,634 for a couple and $5,743 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 104.3 and nonmetro areas 97.2.

What is the median rent and home value in Oregon?

The median gross rent in Oregon is $1,525 a month and the median home value is $477,600 (Census ACS 2020-2024). The typical renter spends 31.3% of income on rent.

Sources

Budgets are modelled estimates, not observed spending. Not financial advice. Methodology