Lake Oswego, OR Cost Of Living

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Updated: 2020-03-08
Lake Oswego's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Oswego is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake Oswego, OR?

According to the most recent data on the cost of living, Lake Oswego has an overall cost of living index of 152 which is 1.5x higher than the national index of 100.

Compared to only Oregon, Lake Oswego has a cost of living index that's 1.3x higher than Oregon's index of 118.

The standard of living in Lake Oswego ranks as #5882 most affordable out of the 6522 places we measured in Oregon. By definition, that implies Lake Oswego ranks as the #525 most expensive place in the Beaver State.

Lake Oswego Cost Of Living Vs. Oregon

Living Expense Lake Oswego Oregon National Average
Overall 152 118 100
Services 123 123 100
Groceries 115 115 100
Health 115 115 100
Housing 236 123 100
Transportation 126 126 100
Utilities 87 87 100
For more reading on cost of living around Oregon, check out:
Lake Oswego Cost of Living Vs. OR

Lake Oswego, OR Housing Cost Breakdown

Housing swings affordability the most between places in Oregon, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Lake Oswego Oregon United States
Median Home Value $603,800 $287,300 $204,900
Median Rent $1,527 $1,050 $1,023
Median Income $100,461 $59,393 $60,293
Home Value To Income 6.0x 4.8x 3.4x
Rent To Monthly Income 0.18x 0.21x 0.2x

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Cost Of Living In Cities Around Lake Oswego

City Population Cost Of Living Vs. Lake Oswego
Vancouver, WA 178,413 115 0.8x
Tigard, OR 52,368 128 0.8x
Tualatin, OR 27,338 130 0.9x
West Linn, OR 26,511 139 0.9x
Bethany, OR 24,396 144 0.9x
Camas, WA 22,615 131 0.9x
Hazel Dell, WA 21,066 115 0.8x
Milwaukie, OR 20,955 118 0.8x
Sherwood, OR 19,337 130 0.9x
Oak Grove, OR 17,183 122 0.8x

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