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Cost of living in Oregon

Everyday prices in Oregon run 3.4% above the US average, the 40th lowest of 51 states and DC.

By Sol Lakein. Updated November 2026.

Oregon next to New York and the US

Longer bar = costs more.1,4,2,3
OregonUnited StatesNew York metro

How affordable is Oregon?

Rent and home prices next to what households earn.6
$92,740
Typical household incomeA year · 20th highest of 51
21%
Of income goes to rentA year of 2-bed rent ($1,650/mo) against median income ($92,740). 37th lowest of 51.
5.9
Years of income to buy a home$550,000 median listing against $92,740 income. 43rd lowest of 50.

Are people moving to Oregon?

2,228 more people moved to Oregon from other states than left between July 2024 and July 2025 (Census Bureau estimates).

Where Americans are moving5

Metro areas in Oregon

Cheapest first. Tap one for its full cost of living.1,4,2
Price levelUS averageShorter bar = cheaper, longer = pricier
  1. 1Portland-Vancouver-Hillsboro, OR-WA5% pricier than average
    2-bed rent
    $1,850
    Typical home
    $587,750
    Mortgage
    $3,230/mo

Oregon next to its neighbors

The states that border Oregon, on the same measures. The number is each state's national rank on everyday prices.1,4,2
  1. 23Idaho5% cheaper than average
    2-bed rent
    $1,438
    Typical home
    $593,000
    Net moves
    +19,915
  2. 34NevadaAbout the US average
    2-bed rent
    $1,644
    Typical home
    $480,000
    Net moves
    +14,914
  3. 40OregonThis state3% pricier than average
    2-bed rent
    $1,650
    Typical home
    $550,000
    Net moves
    +2,228
  4. 46Washington7% pricier than average
    2-bed rent
    $1,885
    Typical home
    $639,475
    Net moves
    +9,238
  5. 51California11% pricier than average
    2-bed rent
    $2,239
    Typical home
    $725,000
    Net moves
    -229,077

Oregon by the numbers

Every figure on this page, as tables

Oregon next to New York and the US

PlacePrice levelHousingTypical homeMonthly payment2-bedroom rent
Oregon103.4108.6$550,000$3,022$1,650
United States100.0100.0$419,250$2,304$1,563
New York metro112.6148.6$742,000$4,078$1,997

Metro areas in Oregon

MetroPrice level2-bedroom rentTypical home
Portland-Vancouver-Hillsboro, OR-WA105.4$1,850$587,750

Oregon next to its neighbors

StatePrice level2-bedroom rentTypical homeNet moves from other states
Oregon103.4$1,650$550,000+2,228
California110.7$2,239$725,000-229,077
Idaho95.5$1,438$593,000+19,915
Nevada100.0$1,644$480,000+14,914
Washington107.0$1,885$639,475+9,238

Net moves from other states

Year (July to July)Net moves from other states
2019-20+21,128
2020-21+9,670
2021-22-8,946
2022-23-7,370
2023-24-1,736
2024-25+2,228

States with a similar cost of living to Oregon

Keep comparing

Oregon cost of living: questions people ask

What is the cost of living in Oregon?

Everyday prices in Oregon run 3.4% above the US average, the 40th lowest of 51 states and DC (BEA, 2024). Housing costs, rent included, index at 108.6 against a US average of 100. The median listed home is $550,000 (Realtor.com, September 2026), about $3,022 a month in principal and interest. The median 2-bedroom rent is $1,650 a month, utilities included (Census, 2025). A $150,000 salary in New York buys the same as $137,738 in Oregon.

Is Oregon cheap or expensive to live in?

More expensive than average. Oregon's regional price parity is 103.4, 3.4% above the US average (BEA, 2024).

How much does a house cost in Oregon?

The median listed home in Oregon is $550,000 as of September 2026 (Realtor.com via FRED), against $419,250 nationally. That ranks 38th lowest of 50. With 20% down at 7.32%, principal and interest run about $3,022 a month.

How much is rent in Oregon?

The median gross rent for a 2-bedroom in Oregon is $1,650 a month, including utilities the renter pays, against $1,563 for the US (Census American Community Survey, 2025).

What salary in Oregon equals $150,000 in New York?

About $137,738, using BEA regional price parities for Oregon (103.4) and the New York metro (112.6), 2024.

Are people moving to Oregon?

2,228 more people moved to Oregon from other states than left between July 2024 and July 2025 (Census Bureau estimates).

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Notes on the numbers
  1. 1Everyday prices, housing costs and price levels: BEA regional price parities via FRED, 2024, where the US average is 100. In ranked lists, 1 is the cheapest.
  2. 2Homes: the typical home is the median listing price, Realtor.com via FRED, September 2026.
  3. 3Mortgage: Principal and interest on the median listed home with 20% down, 30-year fixed at 7.32% (Freddie Mac 30-year fixed average, week of October 22, 2026). Excludes taxes, insurance and HOA.
  4. 4Rent: Census ACS 2025 1-year, median gross rent for 2-bedroom units, including utilities.
  5. 5Net moves: US Census Bureau population estimates, net domestic migration, July to July.
  6. 6Affordability: our arithmetic on Census median gross rent (2025), Census median household income (2025) and Realtor.com median listing price (September 2026). Rank 1 is the most affordable.
Sources for this page