Most Expensive Places To Live In Oregon For 2020


We used science and data to determine which cities in Oregon that will put a big dent in your wallet.

Editor’s Note: We updated this article for 2020. This is our sixth time ranking the most expensive places to live in Oregon.

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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 2020.

So where is the most expensive place to live in Oregon? That would be Hood River.
the 2014-2018 American Community Survey for the 75 places in Oregon with more than 5,000 people.

What's the most expensive place to live in Oregon? Well, HomeSnacks crunched the numbers and discovered that Hood River is the most expensive place to live in Oregon.

So hopefully Umatilla (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 2020

Hood River, OR

Overall SnackAbility

7.5
/10

Population: 7,688
Rank Last Year: 3 (Up 2)
Home Price To Income Ratio: 6.3x (3rd most expensive)
Income To Rent Ratio: 47.3x (10th most expensive)
More on Hood River: Real Estate | Data | Photos

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 $54,437 and the median home value is $344,200 for 2020.

Ashland, OR

Overall SnackAbility

7.5
/10

Population: 20,912
Rank Last Year: 1 (Down 1)
Home Price To Income Ratio: 8.5x (1st most expensive)
Income To Rent Ratio: 50.5x (22nd most expensive)
More on Ashland: Real Estate | Data | Photos

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 $50,613 and the median home value is $428,100 for 2020.

Seaside, OR

Source: Public domain
Overall SnackAbility

6
/10

Population: 6,643
Rank Last Year: 2 (Down 1)
Home Price To Income Ratio: 6.6x (2nd most expensive)
Income To Rent Ratio: 47.0x (9th most expensive)
More on Seaside: Real Estate | Data | Photos

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 $42,169 and the median home value is $279,600 for 2020.

Corvallis, OR

Overall SnackAbility

8
/10

Population: 57,213
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 6.1x (4th most expensive)
Income To Rent Ratio: 48.9x (16th most expensive)
More on Corvallis: Real Estate | Data | Photos

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 $49,835 and the median home value is $305,100 for 2020.

Wilsonville, OR

Overall SnackAbility

7
/10

Population: 23,418
Rank Last Year: 10 (Up 5)
Home Price To Income Ratio: 5.9x (8th most expensive)
Income To Rent Ratio: 54.0x (33rd most expensive)
More on Wilsonville: Real Estate | Data | Photos

Wilsonville is a city primarily in Clackamas County, Oregon, United States. A portion of the northern section of the city is in Washington County. It was founded as Boones Landing because of the Boones Ferry which crossed the Willamette River at the location; the community became Wilsonville in 1880. The city was incorporated in 1969 with a population of approximately 1,000. The population was 13,991 at the 2000 census, and grew to 19,509 as of 2010. Slightly more than 90% of residents at the 2000 census were white, with Hispanics comprising the largest minority group.

The median income in Wilsonville comes in at $69,043 and the median home value is $404,800 for 2020.

Lincoln City, OR

Overall SnackAbility

6
/10

Population: 8,684
Rank Last Year: 6 (No Change)
Home Price To Income Ratio: 6.0x (7th most expensive)
Income To Rent Ratio: 42.1x (4th most expensive)
More on Lincoln City: Real Estate | Data | Photos

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 $38,010 and the median home value is $226,200 for 2020.

Bend, OR

Overall SnackAbility

8.5
/10

Population: 90,500
Rank Last Year: 12 (Up 6)
Home Price To Income Ratio: 5.7x (10th most expensive)
Income To Rent Ratio: 53.6x (32nd most expensive)
More on Bend: Real Estate | Data | Photos

Bend is a city in, and the county seat of, Deschutes County, Oregon, United States. It is the principal city of the Bend, Oregon Metropolitan Statistical Area. Bend is Central Oregon's largest city, and despite its modest size, is the de facto metropolis of the region, owing to the low population density of that area. Bend recorded a population of 76,693 at the time of the 2010 U.S. Census, up from 52,029 at the 2000 census. The estimated population of the city as of 2013 is 81,236. Bend's metro population was estimated at 165,954 as of July 1, 2013. The Bend MSA is the fifth largest metropolitan area in Oregon.

The median income in Bend comes in at $63,468 and the median home value is $363,200 for 2020.

Talent, OR

Overall SnackAbility

6
/10

Population: 6,424
Rank Last Year: 7 (Down 1)
Home Price To Income Ratio: 6.0x (6th most expensive)
Income To Rent Ratio: 35.7x (1st most expensive)
More on Talent: Real Estate | Data | Photos

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 $34,321 and the median home value is $205,300 for 2020.

Brookings, OR

Overall SnackAbility

7
/10

Population: 6,413
Rank Last Year: 3 (Down 6)
Home Price To Income Ratio: 5.6x (11th most expensive)
Income To Rent Ratio: 52.9x (28th most expensive)
More on Brookings: Real Estate | Data | Photos

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 $53,087 and the median home value is $296,900 for 2020.

Eugene, OR

Overall SnackAbility

7
/10

Population: 165,997
Rank Last Year: 8 (Down 1)
Home Price To Income Ratio: 5.5x (13th most expensive)
Income To Rent Ratio: 49.6x (18th most expensive)
More on Eugene: Real Estate | Data | Photos

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 $49,029 and the median home value is $272,000 for 2020.

How We Determined The Most Expensive Places To Live In The Beaver State For 2020

Map Of The Cheapest Places To Live In Oregon
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. 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 2014-2018 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 75 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 Hood River. You can download the data here.

Taking A Chunk Out Of Your Paycheck In Oregon For 2020

Well there you have it, the places in Oregon that have the highest cost of living, with Hood River 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:

  1. Umatilla
  2. Hermiston
  3. Pendleton

For more Oregon reading, check out:

Detailed List Of The Most Expensive Cities In Oregon

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Hood River 8.33 7,688 6.3x 47.3x
2 Ashland 9.0 20,912 8.5x 50.5x
3 Seaside 11.0 6,643 6.6x 47.0x
4 Corvallis 11.67 57,213 6.1x 48.9x
5 Wilsonville 15.33 23,418 5.9x 54.0x
6 Lincoln City 17.33 8,684 6.0x 42.1x
7 Bend 17.33 90,500 5.7x 53.6x
8 Talent 18.33 6,424 6.0x 35.7x
9 Brookings 18.67 6,413 5.6x 52.9x
10 Eugene 18.67 165,997 5.5x 49.6x
11 Gresham 19.67 110,770 5.1x 47.8x
12 Portland 20.33 639,387 5.8x 55.4x
13 Newberg 21.0 23,167 5.0x 50.8x
14 Monmouth 21.33 10,131 5.6x 45.0x
15 Beaverton 21.67 97,012 5.1x 54.0x
16 Lake Oswego 23.33 38,705 6.0x 65.8x
17 Grants Pass 24.0 37,201 5.2x 47.6x
18 Medford 24.67 80,051 5.1x 51.0x
19 Gladstone 24.67 12,045 4.5x 49.8x
20 Astoria 24.67 9,747 5.5x 53.0x
21 Tillamook 25.67 5,176 5.5x 44.7x
22 Newport 26.0 10,381 5.3x 52.9x
23 Florence 30.0 8,815 4.9x 48.3x
24 Milwaukie 30.33 20,955 4.6x 57.5x
25 Prineville 30.33 9,748 4.7x 42.1x
26 Tigard 31.33 52,368 4.9x 65.4x
27 Oregon City 31.33 36,040 4.6x 62.1x
28 Tualatin 31.67 27,338 4.9x 66.3x
29 Forest Grove 34.0 23,923 4.7x 62.9x
30 Central Point 34.0 18,130 4.6x 54.2x
31 Springfield 35.33 61,525 4.4x 48.3x
32 Fairview 35.67 9,303 4.1x 54.4x
33 Hillsboro 35.67 104,730 4.0x 57.5x
34 Sandy 36.0 10,834 4.0x 54.0x
35 Roseburg 37.0 22,988 4.5x 51.1x
36 Mcminnville 37.33 33,662 4.6x 55.8x
37 West Linn 37.33 26,511 4.5x 73.4x
38 Redmond 38.0 29,234 4.3x 55.0x
39 Canby 38.67 17,527 4.5x 66.6x
40 Warrenton 38.67 5,453 4.5x 58.0x
41 Eagle Point 39.0 9,015 3.8x 50.4x
42 Winston 39.33 5,406 4.4x 48.9x
43 Madras 40.67 6,674 4.0x 41.3x
44 Woodburn 42.0 25,417 3.8x 47.8x
45 St. Helens 42.67 13,446 4.3x 55.0x
46 Lebanon 43.33 16,599 3.8x 46.0x
47 Happy Valley 43.67 19,471 3.9x 80.9x
48 Troutdale 44.0 16,559 3.9x 65.0x
49 Salem 44.0 166,756 4.2x 58.2x
50 Molalla 44.67 9,082 4.0x 63.0x
51 Silverton 45.67 10,028 4.2x 69.1x
52 Sweet Home 46.67 9,435 3.7x 43.4x
53 Sherwood 47.0 19,337 3.8x 70.8x
54 Coos Bay 47.33 16,176 4.1x 54.5x
55 Independence 49.0 9,556 3.6x 49.9x
56 Junction City 49.67 5,946 4.1x 63.2x
57 Klamath Falls 49.67 21,138 3.9x 53.3x
58 Cornelius 50.67 12,575 3.8x 61.9x
59 The Dalles 51.0 15,320 3.9x 61.3x
60 Cottage Grove 51.33 10,083 3.8x 54.6x
61 Keizer 51.33 38,479 3.8x 63.1x
62 La Grande 52.0 13,103 3.9x 54.8x
63 Scappoose 53.67 7,125 3.4x 69.0x
64 Albany 54.0 52,736 3.7x 59.6x
65 Stayton 55.33 8,025 3.8x 67.6x
66 Sutherlin 57.0 7,941 3.3x 53.0x
67 Sheridan 57.33 6,106 3.4x 54.9x
68 Ontario 57.33 10,997 3.3x 52.5x
69 North Bend 57.67 9,615 3.7x 62.6x
70 Creswell 59.0 5,291 3.4x 63.1x
71 Dallas 62.67 15,805 3.6x 70.8x
72 Baker City 69.67 9,738 3.0x 65.3x
73 Pendleton 70.0 16,713 3.1x 68.5x
74 Hermiston 70.67 17,346 3.0x 70.5x
75 Umatilla 72.0 7,114 2.8x 66.1x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.