Cost Of Living For a Couple in Oregon 2024

Couple cost of living chart - average monthly expenditure in Oregon

Average Monthly Expenditure

Currency: USD
2,100 6,200 33,000
MINIMUM AVERAGE MAXIMUM

Average monthly spending for couples in Oregon

How much money does a couple need in a month to survive in Oregon?

Couples in Oregon spend around 6,200 USD per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 2,100 USD or as high as 33,000 USD. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Oregon


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Oregon

Dining, food, and beverages costs


Fast food combo meal

5.9 USD 12 USD 20 USD
MINIMUM AVERAGE MAXIMUM

Restaurant meal for one

20 USD 30 USD 59 USD
MINIMUM AVERAGE MAXIMUM

Fine dining meal for one

39 USD 59 USD 240 USD
MINIMUM AVERAGE MAXIMUM

Cappuccino or latte

4.9 USD 7.9 USD 12 USD
MINIMUM AVERAGE MAXIMUM

Grocery and market costs


Milk large bottle

3.9 USD 4.7 USD 5.9 USD
MINIMUM AVERAGE MAXIMUM

12 eggs

3 USD 3.9 USD 5.9 USD
MINIMUM AVERAGE MAXIMUM

Fresh whole chicken

6.7 USD 8.7 USD 12 USD
MINIMUM AVERAGE MAXIMUM

Pack of beef

7.9 USD 12 USD 24 USD
MINIMUM AVERAGE MAXIMUM

Medium bag of rice

3.2 USD 4.3 USD 6.2 USD
MINIMUM AVERAGE MAXIMUM

Bag of tomatos

1.2 USD 1.6 USD 3 USD
MINIMUM AVERAGE MAXIMUM

Bag of apples

2.1 USD 2.8 USD 4.5 USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of commute, travel, and transportation in Oregon


Commute, travel, and transportation costs


20 minutes taxi ride

4.9 USD 5.9 USD 12 USD
MINIMUM AVERAGE MAXIMUM

Average car full tank

30 USD 39 USD 79 USD
MINIMUM AVERAGE MAXIMUM

Average car 1-day rental

30 USD 39 USD 59 USD
MINIMUM AVERAGE MAXIMUM

Average car price

15,000 USD 30,000 USD 39,000 USD
MINIMUM AVERAGE MAXIMUM

Bus ticket one way

0.99 USD 1.5 USD 3 USD
MINIMUM AVERAGE MAXIMUM

Car Service

39 USD 59 USD 120 USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of utility, energy, water, and gas in Oregon


Utility cost (monthly)


Utility Bill - Couple

83 USD 280 USD 1,800 USD
MINIMUM AVERAGE MAXIMUM

Internet and cable

30 USD 59 USD 79 USD
MINIMUM AVERAGE MAXIMUM

Mobile phone charges

24 USD 39 USD 120 USD
MINIMUM AVERAGE MAXIMUM

Leisure and activities costs


Movie ticket

15 USD 20 USD 30 USD
MINIMUM AVERAGE MAXIMUM

One month gym membership

47 USD 59 USD 120 USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of clothing and accessories in Oregon


Cloths and accessories costs


Pair of jeans or pants

35 USD 49 USD 74 USD
MINIMUM AVERAGE MAXIMUM

Woman dress

33 USD 45 USD 150 USD
MINIMUM AVERAGE MAXIMUM

Woman shoes

31 USD 42 USD 99 USD
MINIMUM AVERAGE MAXIMUM

Men's shoes

27 USD 33 USD 66 USD
MINIMUM AVERAGE MAXIMUM

Men suit

30 USD 37 USD 200 USD
MINIMUM AVERAGE MAXIMUM

Regular t-shirt

15 USD 20 USD 59 USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of housing, accommodation, and rent in Oregon


Housing costs / monthly rent


Studio apartment

490 USD 740 USD 2,000 USD
MINIMUM AVERAGE MAXIMUM

1-bedroom apartment

740 USD 1,200 USD 3,000 USD
MINIMUM AVERAGE MAXIMUM

2-bedroom apartment

990 USD 1,500 USD 3,900 USD
MINIMUM AVERAGE MAXIMUM

Housing costs / Buying


Studio apartment

99,000 USD 150,000 USD 300,000 USD
MINIMUM AVERAGE MAXIMUM

1-bedroom apartment

120,000 USD 200,000 USD 740,000 USD
MINIMUM AVERAGE MAXIMUM

2-bedroom apartment

200,000 USD 590,000 USD 1.2M USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of furniture in Oregon


Furniture Costs


King Size Bed

590 USD 740 USD 990 USD
MINIMUM AVERAGE MAXIMUM

Double Bed

390 USD 590 USD 740 USD
MINIMUM AVERAGE MAXIMUM

Single Bed

350 USD 450 USD 590 USD
MINIMUM AVERAGE MAXIMUM

Living Room

660 USD 840 USD 3,000 USD
MINIMUM AVERAGE MAXIMUM

Dining Table

300 USD 390 USD 740 USD
MINIMUM AVERAGE MAXIMUM

Sofa or Couch

390 USD 540 USD 1,200 USD
MINIMUM AVERAGE MAXIMUM
Chart showing the prices and cost of electronic devices and appliances in Oregon


Electronics and House Appliance Costs


TV Set

390 USD 590 USD 1,200 USD
MINIMUM AVERAGE MAXIMUM

Fridge or Freezer

350 USD 540 USD 740 USD
MINIMUM AVERAGE MAXIMUM

Washing Machine

450 USD 660 USD 1,200 USD
MINIMUM AVERAGE MAXIMUM

Stove or Cooker

420 USD 540 USD 740 USD
MINIMUM AVERAGE MAXIMUM

Mobile Phone

490 USD 590 USD 840 USD
MINIMUM AVERAGE MAXIMUM

Laptop or Computer

540 USD 660 USD 1,200 USD
MINIMUM AVERAGE MAXIMUM
Couple cost of living and expenditure to income ratio in Oregon

Couple expenditure to income ratio in Oregon

Analysing the how affordable it is for couples to live in Oregon

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

75%

67% to 84%

( expenditure / income ) x 100


Couples in Oregon spend around 75% of their monthly income. Some couples spend as low as 67% of their income while some as high as 84%.

Distribution of monthly cost of living expenses of a couple in Oregon

How do couples spend their money in Oregon?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost30%

30% of total expenses on average (23% to 40%)

LOW700 USD
AVERAGE2,100 USD
HIGH11,000 USD
Per Month

Couples in Oregon typically spend from 23% to 40% of their total monthly expenditure on housing with 30% being the average. The average monthly spend on housing is 2,100 USD with expenditure ranging from 700 USD to 11,000 USD. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities6%

6% of total expenses on average (4% to 10%)

LOW83 USD
AVERAGE280 USD
HIGH1,800 USD
Per Month

Utility expenditure like electricity, water, and gas in Oregon ranges from 4% to 10% of total expenses with 6% being the average for most couples. The average monthly cost of utilities is 280 USD with 83 USD and 1,800 USD being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel10%

10% of total expenses on average (4% to 15%)

LOW250 USD
AVERAGE750 USD
HIGH4,000 USD
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 250 USD to 4,000 USD in a month on commuting with 750 USD being the norm for most couples. This means that money spent on transport constitutes about 10% of total spending on average but can go as low as 4% or as high as 15%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost16%

16% of total expenses on average (11% to 21%)

LOW290 USD
AVERAGE870 USD
HIGH4,600 USD
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Oregon is 870 USD. The cost of groceries can range between 290 USD to 4,600 USD. Couples spend on average about 16% on food and groceries with upper and lower bounds of 11% and 21% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW230 USD
AVERAGE680 USD
HIGH3,600 USD
Per Month

Couples in Oregon allocate 7% to 17% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 13%. The range of medical expenses range from 230 USD to 3,600 USD with 680 USD being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping5%

5% of total expenses on average (2% to 8%)

LOW120 USD
AVERAGE370 USD
HIGH2,000 USD
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 120 USD to 2,000 USD with 370 USD being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 5% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW41 USD
AVERAGE120 USD
HIGH660 USD
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 2% of the monthly expenditure of couples with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 120 USD per month with 41 USD being the minimum spent amount and 660 USD being the maximum.

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW350 USD
AVERAGE1,100 USD
HIGH5,600 USD
Per Month
Percentage of couples who manage to save money from their income every month in Oregon

What percentage of couples in Oregon are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
69%
Not Saving
31%

Almost 69% of surveyed couples in Oregon said that they can save some money at the end of each month while 31% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Oregon

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

15% 26% of income 35%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

880 USD 2,600 USD 14,000 USD
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%33%
10% - 20%25%
20% - 30%19%
30% - 40%11%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 15% to 35% of their monthly income to their savings, with 26% being the average for most couples. The average monthly amount of money that couples can put aside is 2,600 USD with 880 USD and 14,000 USD being the minimum and maximum respectively.

Reasons that make it difficult for couples to save money in Oregon

Saving Challenges in Oregon

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Oregon. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans18%
Lack of Budgeting Skills10%
Impulsive Spending9%
Financial Emergencies6%
Living the moment7%
Will do it later17%
Inflation11%
Social Pressure3%
Market Instability3%

Around 6% of the couples said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 18% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 9% of couples blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 17% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 11% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do couples choose to put their savings in Oregon

Typical saving choices for couples in Oregon

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold10%
Savings Accounts17%
Retirement Accounts11%
Cash Savings16%
Real Estate10%
Investment6%
Stocks6%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Oregon

Affordable living in Oregon

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Oregon?


Yes
81%
No
19%

Around 81% of surveyed couples think that living in Oregon is affordable with proper budgeting while 19% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Oregon

Low-cost alternatives in Oregon

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options62%

Few low-cost options38%


Based on the survey, 62% of the couples living in Oregon have no problem finding low-cost alternatives to support a frugal lifestyle while 38% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples of Oregon whether they have an emergency fund and the answers were as follows.

Yes79%

No21%


Based on the survey, 21% of the couples living in Oregon said that they don't have an emergency fund while 79% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Oregon

Financial Literacy in United States

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy77%


We asked couple guardians and parents in Oregon whether they acquired any adequate personal financial training in their lives. Approximately 23% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 77% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of United States have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 19% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 81% said that they have everything under control.

Struggles with finance19%

Easily manages finances81%

Financial goals and targets of couples living in Oregon

Financial goals of couples in Oregon

In an attempt to understand the economic situation in Oregon, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction33%
Retirement Savings8%
Education Funding8%
Homeownership17%
Investing9%
Travel or Lifestyle11%
Healthcare Expenses9%
Financial Independence8%

Around 7% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 33% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 9% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 11% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 9% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of couples who are in debt in Oregon

Debt, loans, and mortgages in Oregon


Percentage of couples who are in debt


In Debt
24%
Debt Free
76%

According to the survey, 24% of the couples in Oregon have some kind of debt, loan, mortgage, or credit card payments while 76% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Oregon

Debt-to-income ratio in Oregon

Debt to income ratio

25%

15% to 35%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 25% of a couple's monthly income in Oregon goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%12%
40% - 50%11%
30% - 40%13%
20% - 30%15%
10% - 20%18%
0% - 10%28%

According to our data, 3% of the debtors in Oregon pay 60%+ of their income as debt settlement while 12% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 11% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 13% dedicated 30% to 40% of income for same. Things are looking brighter for 15% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Oregon

Debt% People
Real Estate Mortgage13%
Auto Loan22%
Student Loan3%
Credit Card25%
Personal Loan37%

13% of debtors in Oregon confirm that real estate mortgages constitutes the main part of their outstanding debt while 25% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 22% of people and personal loans rose at 37%. Lastly, student loans are the main source of debt for 3% of debtors in Oregon.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Oregon

Besides measuring the loan-to-income ratio, we asked couples of Oregon how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never55%
Once a year22%
Twice a year11%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Oregon

Housing costs, accommodation, and housing affordability in Oregon

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Oregon

Monthly Rent Prices

Studio apartment monthly rent cost

490 USD 740 USD 2,000 USD
MINIMUM AVERAGE MAXIMUM

1-bedroom apartment monthly rent cost

740 USD 1,200 USD 3,000 USD
MINIMUM AVERAGE MAXIMUM

2-bedroom apartment monthly rent cost

990 USD 1,500 USD 3,900 USD
MINIMUM AVERAGE MAXIMUM

3-bedroom apartment monthly rent cost

1,200 USD 2,000 USD 5,400 USD
MINIMUM AVERAGE MAXIMUM

Furnished apartment monthly rent cost

2,400 USD 5,900 USD 12,000 USD
MINIMUM AVERAGE MAXIMUM

Townhouse monthly rent cost

2,000 USD 3,000 USD 8,400 USD
MINIMUM AVERAGE MAXIMUM

House monthly rent cost

2,400 USD 5,900 USD 12,000 USD
MINIMUM AVERAGE MAXIMUM

Villa monthly rent cost

3,000 USD 7,400 USD 12,000 USD
MINIMUM AVERAGE MAXIMUM

The monthly rental cost of a studio apartment in Oregon ranges between 490 USD and 2,000 USD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 740 USD to 3,000 USD. Two-bedroom rentals rate ranges between 990 USD and 3,900 USD per month. The monthly rental for a three-bedroom apartment ranges from 1,200 USD to 5,400 USD. The average rent of a townhouse in Oregon is around 3,000 USD while house rental costs can be as high as 5,900 USD per month. Finally, if you want to rent a villa, expect to pay anywhere from 3,000 USD to 12,000 USD per month.



Apartment and house prices in Oregon

Cost of buying a property

Studio apartment price

99,000 USD 150,000 USD 300,000 USD
MINIMUM AVERAGE MAXIMUM

1-bedroom apartment price

120,000 USD 200,000 USD 740,000 USD
MINIMUM AVERAGE MAXIMUM

2-bedroom apartment price

200,000 USD 590,000 USD 1.2M USD
MINIMUM AVERAGE MAXIMUM

3-bedroom apartment price

660,000 USD 990,000 USD 3M USD
MINIMUM AVERAGE MAXIMUM

Townhouse price

840,000 USD 2M USD 7.4M USD
MINIMUM AVERAGE MAXIMUM

House price

990,000 USD 5.9M USD 8.4M USD
MINIMUM AVERAGE MAXIMUM

Villa price

1.2M USD 6.6M USD 9.9M USD
MINIMUM AVERAGE MAXIMUM

The average price of a studio apartment in Oregon can range from 99,000 USD to 300,000 USD depending on location. One bedroom cost can be anywhere from 120,000 USD to 740,000 USD. A villa can cost you 6.6M USD on average with prices ranging from 1.2M USD to 9.9M USD.


If you're leasing or purchasing, housing costs in Oregon will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


48 x144 monthly income 225
MINIMUM AVERAGE MAXIMUM

Property prices in Oregon can be x144 to x225 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x144 multiples of the average monthly salary in Oregon.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


25% 35% of income 44%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Oregon is around 35%. This means that people pay 35% of their income for rent. Those figures can range from 25% to 44% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
32%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.5%
AVERAGE
3.4%
TO
4.4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


8.3 USD 110 USD 1,100 USD
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Oregon

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Oregon

Utility Bill Cost / Electricity + Water + Gas / Couple

83 USD 280 USD 1,800 USD
MINIMUM AVERAGE MAXIMUM

Internet and cable cost

30 USD 59 USD 79 USD
MINIMUM AVERAGE MAXIMUM

Mobile phone bill and charges

24 USD 39 USD 120 USD
MINIMUM AVERAGE MAXIMUM

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 280 USD. The cost of internet and WiFi ranges from 30 USD to 79 USD with 59 USD being the average internet bill. Finally, the average monthly mobile charges is around 39 USD but can range between 24 USD and 120 USD depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1% 3.9% of income 7.9%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Oregon is around 3.9%. This means that people pay 3.9% of their income for energy, water, internet, and mobile charges. Those figures can range from 1% to 7.9% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Oregon

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Oregon

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

5.9 USD 12 USD 20 USD
MINIMUM AVERAGE MAXIMUM

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Oregon is approximatly 12 USD with meal cost ranging from 5.9 USD to 20 USD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

20 USD 30 USD 59 USD
MINIMUM AVERAGE MAXIMUM

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 20 USD and 59 USD with 30 USD being the average price of a plate for one person at a regular restaurant in Oregon.

Fine dining meal for one price

39 USD 59 USD 240 USD
MINIMUM AVERAGE MAXIMUM

The price range of a meal at fine-dining restaurant is 39 USD to 240 USD with the average cost being 59 USD for one person. This is what you would expect to pay a top-tier diner in Oregon.

Beverage prices, cappuccino, latte etc..

4.9 USD 7.9 USD 12 USD
MINIMUM AVERAGE MAXIMUM

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Oregon is around 7.9 USD. Price ranges between 4.9 USD and 12 USD depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

3.9 USD 4.7 USD 5.9 USD
MINIMUM AVERAGE MAXIMUM

The average price of a large bottle of milk in Oregon is 4.7 USD. The maximum what you would pay for milk is 5.9 USD and the minimum being 3.9 USD depending on the brand of milk and other properties.

12 eggs price

3 USD 3.9 USD 5.9 USD
MINIMUM AVERAGE MAXIMUM

A dozen eggs costs around 3.9 USD on average with 3 USD and 5.9 USD being the lower and upper limits respectively.

Fresh whole chicken price

6.7 USD 8.7 USD 12 USD
MINIMUM AVERAGE MAXIMUM

The price range of a fresh whole chicken in Oregon is between 6.7 USD and 12 USD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 8.7 USD.

Pack of beef price

7.9 USD 12 USD 24 USD
MINIMUM AVERAGE MAXIMUM

The price of a regular pack of beef or meat is around 12 USD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

3.2 USD 4.3 USD 6.2 USD
MINIMUM AVERAGE MAXIMUM

A bag of rice in Oregon costs around 4.3 USD on average with prices rangeing between 3.2 USD and 6.2 USD depending on the brand and quality.

Bag of tomatos price

1.2 USD 1.6 USD 3 USD
MINIMUM AVERAGE MAXIMUM

A bag of tomatoes costs anywhere from 1.2 USD to 3 USD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

2.1 USD 2.8 USD 4.5 USD
MINIMUM AVERAGE MAXIMUM

A bag of apples costs 2.8 USD on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 24% of income 30%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Oregon is around 24%. This means that couples spend 24% of their income on grocery and basic household items. The expenditure can range from 16% to 30% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 290 USD to 4,600 USD with the location, income, and size of the couple being the most determinite factors.

evoeicarsraw©copound