Cost of living in Canby 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 Canby 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 Canby is 119, with 100 being the average.
The cost of living index in Canby is 1.2x higher than the national average.
Canby ranks as the #69 cheapest in Oregon out of 98.
Canby ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Canby is $385,700.
The median income in Canby is $83,948.
According to the most recent data on the cost of living, Canby has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Oregon, Canby has a cost of living index that's 1.0x higher than Oregon's index of 116.
The standard of living in Canby ranks as #69 most affordable out of the 98 places we measured in Oregon. By definition, that implies Canby ranks as the #29 most expensive place in the Beaver State.
For more reading on life in Canby, check out:
Six factors go into calculating the cost of living index in Canby. Here is how it fairs on each of the criteria:
The Services index in Canby is 120.
The Groceries index in Canby is 112.
The Health index in Canby is 119.
The Housing index in Canby is 127.
The Transportation index in Canby is 130.
The Utilities index in Canby is 90.
Living Expense | Canby | Oregon | National Average | |
---|---|---|---|---|
Overall | 119 | 116 | 100 | |
Services | 120 | 106 | 100 | |
Groceries | 112 | 107 | 100 | |
Health | 119 | 103 | 100 | |
Housing | 127 | 140 | 100 | |
Transportation | 130 | 117 | 100 | |
Utilities | 90 | 97 | 100 |
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 Canby is $385,700.
The Median Rent in Canby is $1,230.
The Median Income in Canby is $83,948.
The Home Value To Income in Canby is 4.6x.
The Rent To Monthly Income in Canby is 0.18x.
Statistic | Canby | Oregon | United States |
---|---|---|---|
Median Home Value | $385,700 | $362,200 | $244,900 |
Median Rent | $1,230 | $1,250 | $1,163 |
Median Income | $83,948 | $70,084 | $69,021 |
Home Value To Income | 4.6x | 5.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Canby. Here's a quick look at the cost of living in the most populous nearby places:
Tigard, OR has a cost of living index of 128, 1.1x Canby.
Aloha, OR has a cost of living index of 120, 1.0x Canby.
Lake Oswego, OR has a cost of living index of 153, 1.3x Canby.
City | Population | Cost Of Living | Vs. Canby |
---|---|---|---|
Tigard, OR | 54,750 | 128 | 1.1x |
Aloha, OR | 52,704 | 120 | 1.0x |
Lake Oswego, OR | 40,390 | 153 | 1.3x |
West Linn, OR | 27,173 | 140 | 1.2x |
Wilsonville, OR | 25,887 | 133 | 1.1x |
Sherwood, OR | 20,281 | 130 | 1.1x |
Oatfield, OR | 12,993 | 127 | 1.1x |
Oregon, WI | 11,100 | 110 | 0.9x |
Bull Mountain, OR | 9,545 | 140 | 1.2x |
Cedar Hills, OR | 9,511 | 128 | 1.1x |