Cost of living in Cornelius 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 Cornelius 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 Cornelius is 111, with 100 being the average.
The cost of living index in Cornelius is 1.1x higher than the national average.
Cornelius ranks as the #39 cheapest in Oregon out of 98.
Cornelius ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Cornelius is $330,000.
The median income in Cornelius is $72,917.
According to the most recent data on the cost of living, Cornelius has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Oregon, Cornelius has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Cornelius ranks as #39 most affordable out of the 98 places we measured in Oregon. By definition, that implies Cornelius ranks as the #59 most expensive place in the Beaver State.
For more reading on life in Cornelius, check out:
Six factors go into calculating the cost of living index in Cornelius. Here is how it fairs on each of the criteria:
The Services index in Cornelius is 121.
The Groceries index in Cornelius is 114.
The Health index in Cornelius is 118.
The Housing index in Cornelius is 100.
The Transportation index in Cornelius is 127.
The Utilities index in Cornelius is 87.
Living Expense | Cornelius | Oregon | National Average | |
---|---|---|---|---|
Overall | 111 | 116 | 100 | |
Services | 121 | 106 | 100 | |
Groceries | 114 | 107 | 100 | |
Health | 118 | 103 | 100 | |
Housing | 100 | 140 | 100 | |
Transportation | 127 | 117 | 100 | |
Utilities | 87 | 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 Cornelius is $330,000.
The Median Rent in Cornelius is $1,384.
The Median Income in Cornelius is $72,917.
The Home Value To Income in Cornelius is 4.5x.
The Rent To Monthly Income in Cornelius is 0.23x.
Statistic | Cornelius | Oregon | United States |
---|---|---|---|
Median Home Value | $330,000 | $362,200 | $244,900 |
Median Rent | $1,384 | $1,250 | $1,163 |
Median Income | $72,917 | $70,084 | $69,021 |
Home Value To Income | 4.5x | 5.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Cornelius. Here's a quick look at the cost of living in the most populous nearby places:
Hillsboro, OR has a cost of living index of 121, 1.1x Cornelius.
Beaverton, OR has a cost of living index of 127, 1.1x Cornelius.
Tigard, OR has a cost of living index of 128, 1.2x Cornelius.
City | Population | Cost Of Living | Vs. Cornelius |
---|---|---|---|
Hillsboro, OR | 105,909 | 121 | 1.1x |
Beaverton, OR | 97,466 | 127 | 1.1x |
Tigard, OR | 54,750 | 128 | 1.2x |
Aloha, OR | 52,704 | 120 | 1.1x |
Lake Oswego, OR | 40,390 | 153 | 1.4x |
Bethany, OR | 29,277 | 145 | 1.3x |
Tualatin, OR | 27,821 | 130 | 1.2x |
Forest Grove, OR | 25,767 | 115 | 1.0x |
Sherwood, OR | 20,281 | 130 | 1.2x |
Oak Hills, OR | 11,715 | 131 | 1.2x |