Talent, OR Cost Of Living
Cost Of Living In Talent, OR Summary
Cost of living in Talent 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 Talent 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 Talent is 112, with 100 being the average.
The cost of living index in Talent is 1.1x higher than the national average.
Talent ranks as the #45 cheapest in Oregon out of 98.
Talent ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Talent is $246,900.
The median income in Talent is $41,337.
Table Of Contents
Talent's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Talent, OR?
According to the most recent data on the cost of living, Talent has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Oregon, Talent has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Talent ranks as #45 most affordable out of the 98 places we measured in Oregon. By definition, that implies Talent ranks as the #53 most expensive place in the Beaver State.
For more reading on life in Talent, check out:
- Living In Talent
- Talent Crime Report
- Search Homes For Sale In Talent, OR
In Oregon
In America
Talent Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Talent. Here is how it fairs on each of the criteria:
The Services index in Talent is 118.
The Groceries index in Talent is 114.
The Health index in Talent is 119.
The Housing index in Talent is 99.
The Transportation index in Talent is 131.
The Utilities index in Talent is 90.
| Living Expense | Talent | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 112 | 116 | 100 | |
| Services | 118 | 106 | 100 | |
| Groceries | 114 | 107 | 100 | |
| Health | 119 | 103 | 100 | |
| Housing | 99 | 140 | 100 | |
| Transportation | 131 | 117 | 100 | |
| Utilities | 90 | 97 | 100 | |
Talent, 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 Talent is $246,900.
The Median Rent in Talent is $1,131.
The Median Income in Talent is $41,337.
The Home Value To Income in Talent is 6.0x.
The Rent To Monthly Income in Talent is 0.33x.
| Statistic | Talent | Oregon | United States |
|---|---|---|---|
| Median Home Value | $246,900 | $362,200 | $244,900 |
| Median Rent | $1,131 | $1,250 | $1,163 |
| Median Income | $41,337 | $70,084 | $69,021 |
| Home Value To Income | 6.0x | 5.2x | 3.5x |
| Rent To Monthly Income | 0.33x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Talent, OR Costs By Category
Detailed Talent Services Costs Vs. Oregon
Detailed Talent Groceries Costs Vs. Oregon
Detailed Talent Health Costs Vs. Oregon
Detailed Talent Transportation Costs Vs. Oregon
Detailed Talent Utilities Costs Vs. Oregon
Talent SnackAbility
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Cost Of Living In Cities Around Talent
The cost of living varies in the cities and towns around Talent. Here's a quick look at the cost of living in the most populous nearby places:
Medford, OR has a cost of living index of 111, 1.0x Talent.
Grants Pass, OR has a cost of living index of 108, 1.0x Talent.
Ashland, OR has a cost of living index of 132, 1.2x Talent.
| City | Population | Cost Of Living | Vs. Talent |
|---|---|---|---|
| Medford, OR | 84,894 | 111 | 1.0x |
| Grants Pass, OR | 38,902 | 108 | 1.0x |
| Ashland, OR | 21,348 | 132 | 1.2x |
| Central Point, OR | 18,948 | 113 | 1.0x |
| Eagle Point, OR | 9,600 | 111 | 1.0x |
| Yreka, CA | 7,807 | 98 | 0.9x |
