Independence, OR Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Independence, OR Summary

Cost of living in Independence research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Independence is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Oregon, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Independence is 107, with 100 being the average.

  • The cost of living index in Independence is 1.1x higher than the national average.

  • Independence ranks as the #23 cheapest in Oregon out of 98.

  • Independence ranks as the #3,867 cheapest out of 6,412 in the US.

  • The median home value in Independence is $260,400.

  • The median income in Independence is $65,019.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
107
Independence's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Independence, OR?

According to the most recent data on the cost of living, Independence has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.

Compared to Oregon, Independence has a cost of living index that's 0.9x lower than Oregon's index of 116.

The standard of living in Independence ranks as #23 most affordable out of the 98 places we measured in Oregon. By definition, that implies Independence ranks as the #75 most expensive place in the Beaver State.

For more reading on life in Independence, check out:

23 out of 98
In Oregon
3,867 out of 6,412
In America

Independence Cost Of Living Vs. Oregon

Six factors go into calculating the cost of living index in Independence. Here is how it fairs on each of the criteria:

  • The Services index in Independence is 122.

  • The Groceries index in Independence is 112.

  • The Health index in Independence is 116.

  • The Housing index in Independence is 84.

  • The Transportation index in Independence is 130.

  • The Utilities index in Independence is 89.

Living Expense Independence Oregon National Average
Overall 107 116 100
Services 122 106 100
Groceries 112 107 100
Health 116 103 100
Housing 84 140 100
Transportation 130 117 100
Utilities 89 97 100
For more reading on cost of living around Oregon, check out:
Independence Cost of Living Vs. OR

Independence, OR Housing Cost Breakdown

Housing swings affordability the most between places in Oregon, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Independence is $260,400.

  • The Median Rent in Independence is $1,320.

  • The Median Income in Independence is $65,019.

  • The Home Value To Income in Independence is 4.0x.

  • The Rent To Monthly Income in Independence is 0.24x.

Statistic Independence Oregon United States
Median Home Value $260,400 $362,200 $244,900
Median Rent $1,320 $1,250 $1,163
Median Income $65,019 $70,084 $69,021
Home Value To Income 4.0x 5.2x 3.5x
Rent To Monthly Income 0.24x 0.21x 0.2x
Search Homes For Sale In Independence, OR
$260,400
Median Home Value
$1,320
Median Rent
$65,019
Median Income

Independence, OR Costs By Category

Detailed Independence Services Costs Vs. Oregon

Item Independence Oregon
Shampoo $1.23 $1.06
Movie $11.1 $10.68
Bowling $19.95 $14.67
Haircut $33.67 $18.62
Beauty Salon $56.44 $39.05

Detailed Independence Groceries Costs Vs. Oregon

Item Independence Oregon
Ground Beef $4.74 $4.22
Fried Chicken $1.58 $1.39
Milk $2.12 $2.05
Potatoes $2.34 $3.29
Pizza $11.99 $10.62
Beer $11.24 $9.38
Toothpaste $2.65 $2.34

Detailed Independence Health Costs Vs. Oregon

Item Independence Oregon
Optometrist $146.25 $108.57
Doctor $168.67 $116.17
Dentist $101.75 $99.13

Detailed Independence Transportation Costs Vs. Oregon

Item Independence Oregon
Gasoline $2.78 $2.22
Tire Balancing $68.4 $50.07

Detailed Independence Utilities Costs Vs. Oregon

Item Independence Oregon
All Electricity $143.85 $167.67
Phone $170.53 $175.64

Independence SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
9
Safety
8
Amenities
8.5
Education
5
Commute
7

Cost Of Living In Cities Around Independence

The cost of living varies in the cities and towns around Independence. Here's a quick look at the cost of living in the most populous nearby places:

  • Salem, OR has a cost of living index of 112, 1.0x Independence.

  • Albany, OR has a cost of living index of 110, 1.0x Independence.

  • Keizer, OR has a cost of living index of 114, 1.1x Independence.

City Population Cost Of Living Vs. Independence
Salem, OR 174,193 112 1.0x
Albany, OR 55,776 110 1.0x
Keizer, OR 39,119 114 1.1x
Hayesville, OR 21,887 104 1.0x
Dallas, OR 16,663 110 1.0x
Four Corners, OR 16,608 107 1.0x
Monmouth, OR 10,735 111 1.0x
Stayton, OR 8,199 112 1.0x

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