Cost of living in Milwaukie 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 Milwaukie 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 Milwaukie is 116, with 100 being the average.
The cost of living index in Milwaukie is 1.2x higher than the national average.
Milwaukie ranks as the #63 cheapest in Oregon out of 98.
Milwaukie ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Milwaukie is $388,700.
The median income in Milwaukie is $73,351.
According to the most recent data on the cost of living, Milwaukie has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Oregon, Milwaukie has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Milwaukie ranks as #63 most affordable out of the 98 places we measured in Oregon. By definition, that implies Milwaukie ranks as the #35 most expensive place in the Beaver State.
For more reading on life in Milwaukie, check out:
Six factors go into calculating the cost of living index in Milwaukie. Here is how it fairs on each of the criteria:
The Services index in Milwaukie is 118.
The Groceries index in Milwaukie is 114.
The Health index in Milwaukie is 119.
The Housing index in Milwaukie is 123.
The Transportation index in Milwaukie is 131.
The Utilities index in Milwaukie is 87.
Living Expense | Milwaukie | Oregon | National Average | |
---|---|---|---|---|
Overall | 116 | 116 | 100 | |
Services | 118 | 106 | 100 | |
Groceries | 114 | 107 | 100 | |
Health | 119 | 103 | 100 | |
Housing | 123 | 140 | 100 | |
Transportation | 131 | 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 Milwaukie is $388,700.
The Median Rent in Milwaukie is $1,346.
The Median Income in Milwaukie is $73,351.
The Home Value To Income in Milwaukie is 5.3x.
The Rent To Monthly Income in Milwaukie is 0.22x.
Statistic | Milwaukie | Oregon | United States |
---|---|---|---|
Median Home Value | $388,700 | $362,200 | $244,900 |
Median Rent | $1,346 | $1,250 | $1,163 |
Median Income | $73,351 | $70,084 | $69,021 |
Home Value To Income | 5.3x | 5.2x | 3.5x |
Rent To Monthly Income | 0.22x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Milwaukie. Here's a quick look at the cost of living in the most populous nearby places:
Portland, OR has a cost of living index of 126, 1.1x Milwaukie.
Vancouver, WA has a cost of living index of 116, 1.0x Milwaukie.
Lake Oswego, OR has a cost of living index of 153, 1.3x Milwaukie.
City | Population | Cost Of Living | Vs. Milwaukie |
---|---|---|---|
Portland, OR | 647,176 | 126 | 1.1x |
Vancouver, WA | 188,331 | 116 | 1.0x |
Lake Oswego, OR | 40,390 | 153 | 1.3x |
Orchards, WA | 28,371 | 114 | 1.0x |
West Linn, OR | 27,173 | 140 | 1.2x |
Camas, WA | 25,774 | 130 | 1.1x |
Happy Valley, OR | 23,442 | 142 | 1.2x |
Hazel Dell, WA | 21,650 | 116 | 1.0x |
Five Corners, WA | 20,428 | 114 | 1.0x |
Oak Grove, OR | 17,382 | 124 | 1.1x |