Everyone wants a home that mixes affordability with comfort and Oregon does this very well. Families love the Beaver State’s beaches, midlands, and mountains as tourists before moving here and calling it home.
But before you decide to relocate, you have to do some research into the exact cost of living around the state — and that’s how we’re going to help you.
These are the places in Oregon that cost a pretty penny — the most expensive cities in the state.
After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Oregon for 2019.
So where is the most expensive place to live in Oregon? That would be Ashland.
So hopefully Hermiston (the cheapest place to live in Oregon) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.
And if you already knew these places were expensive, check out some more reading about Oregon and the most expensive cities in the country:
The 10 Most Expensive Places To Live In Oregon For 2019
Ashland is a city in Jackson County, in the State of Oregon. It lies along Interstate 5 approximately 16 miles north of the California border and near the south end of the Rogue Valley. As of 2015, the city’s population was approaching 21,000.
The median income in Ashland comes in at $50,517 and the median home value is $392,000 for 2019.
Seaside is a city in Clatsop County, Oregon, United States. The name Seaside is derived from Seaside House, a historic summer resort built in the 1870s by railroad magnate Ben Holladay. The city’s population was 6,457 at the 2010 census.
The median income in Seaside comes in at $38,680 and the median home value is $265,400 for 2019.
The city of Hood River is the seat of Hood River County, Oregon, United States. It is a port on the Columbia River, and is named for the nearby Hood River. As of the 2010 census, the city population was 7,167.
The median income in Hood River comes in at $48,257 and the median home value is $328,700 for 2019.
Brookings is a city in Curry County, Oregon, United States. It was named after John E. Brookings, president of the Brookings Lumber and Box Company, which founded the city in 1908. As of the 2010 census the population was 6,336.
The median income in Brookings comes in at $42,794 and the median home value is $272,400 for 2019.
Corvallis is a city in central western Oregon, United States. It is the county seat of Benton County and the principal city of the Corvallis, Oregon Metropolitan Statistical Area, which encompasses all of Benton County. As of the 2010 United States Census, the population was 54,462. Its population was estimated by the Portland Research Center to be 55,298 in 2013. Corvallis is the location of Oregon State University, a large Hewlett-Packard research campus, and Good Samaritan Regional Medical Center.
The median income in Corvallis comes in at $46,285 and the median home value is $291,300 for 2019.
Lincoln City is a city in on the Oregon Coast between Newport and Florence. It is the county seat of Lincoln County. It is named after the county, which was named in honor of former U.S. President Abraham Lincoln. The population was 8,722 in 2016. During the solar eclipse of August 21, 2017, this city was the first in the path of totality to view a partial solar eclipse.
The median income in Lincoln City comes in at $37,898 and the median home value is $229,600 for 2019.
Talent is a city in Jackson County, Oregon, United States. The population was 6,066 at the 2010 census.
The median income in Talent comes in at $31,484 and the median home value is $197,200 for 2019.
Eugene is a city of the Pacific Northwest located in the U.S. state of Oregon. It is located at the southern end of the Willamette Valley, near the confluence of the McKenzie and Willamette Rivers, about 50 miles east of the Oregon Coast.
The median income in Eugene comes in at $47,489 and the median home value is $257,200 for 2019.
Portland is the largest city in the U.S. state of Oregon and the seat of Multnomah County. It is a major port in the Willamette Valley region of the Pacific Northwest, at the confluence of the Willamette and Columbia rivers. The city covers 145 square miles and had an estimated population of 639,863 in 2016, making it the 26th most populous city in the United States, and the second-most populous in the Pacific Northwest. Approximately 2,424,955 people live in the Portland metropolitan statistical area, making it the 25th most populous MSA in the United States. Its Combined Statistical Area ranks 18th with a population of 3,160,488. Roughly 60% of Oregon’s population resides within the Portland metropolitan area.
The median income in Portland comes in at $61,532 and the median home value is $352,700 for 2019.
The median income in Newport comes in at $39,870 and the median home value is $221,700 for 2019.
How We Determined The Most Expensive Places To Live In The Beaver State For 2019
The two most important things to think about when it comes to being able to afford if you can live comes down to:
- How much do money do I make?
- How much do I have spend to live there?
You need to understand your costs in the context of how much money you make.
For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.
With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:
- Median Home Price / Median Income (lower is better)
- Median Income / Median Rent (Higher is better)
- Median Home Price
We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).
You can then compare these metrics in each of the places in Oregon to figure out which is the most expensive.
What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.
So we used that cost of living index in order to rank all of the 76 places in Oregon that have more than 5,000 people.
The place with the highest cost of living in Oregon according to the data is Ashland.
Taking A Chunk Out Of Your Paycheck In Oregon For 2019
Well there you have it, the places in Oregon that have the highest cost of living, with Ashland ranking as the most expensive city in the Beaver State.
Here’s a look at the most affordable cities in Oregon according to the data:
- Baker City
For more Oregon reading, check out:
- These Are The 10 Best Counties To Live In Oregon
- These Are The 10 Best Places To Retire In Oregon
- 10 Best Places To Raise A Family In Oregon
Detailed List Of The Most Expensive Cities In Oregon