Newberg, OR Cost Of Living
Cost Of Living In Newberg, OR Summary
Cost of living in Newberg 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 Newberg 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 Newberg is 115, with 100 being the average.
The cost of living index in Newberg is 1.1x higher than the national average.
Newberg ranks as the #58 cheapest in Oregon out of 98.
Newberg ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Newberg is $357,900.
The median income in Newberg is $81,210.
Table Of Contents
Newberg's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newberg, OR?
According to the most recent data on the cost of living, Newberg has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Oregon, Newberg has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Newberg ranks as #58 most affordable out of the 98 places we measured in Oregon. By definition, that implies Newberg ranks as the #40 most expensive place in the Beaver State.
For more reading on life in Newberg, check out:
- Living In Newberg
- Search Homes For Sale In Newberg, OR
In Oregon
In America
Newberg Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Newberg. Here is how it fairs on each of the criteria:
The Services index in Newberg is 119.
The Groceries index in Newberg is 114.
The Health index in Newberg is 117.
The Housing index in Newberg is 117.
The Transportation index in Newberg is 130.
The Utilities index in Newberg is 90.
| Living Expense | Newberg | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 115 | 116 | 100 | |
| Services | 119 | 106 | 100 | |
| Groceries | 114 | 107 | 100 | |
| Health | 117 | 103 | 100 | |
| Housing | 117 | 140 | 100 | |
| Transportation | 130 | 117 | 100 | |
| Utilities | 90 | 97 | 100 | |
Newberg, 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 Newberg is $357,900.
The Median Rent in Newberg is $1,415.
The Median Income in Newberg is $81,210.
The Home Value To Income in Newberg is 4.4x.
The Rent To Monthly Income in Newberg is 0.21x.
| Statistic | Newberg | Oregon | United States |
|---|---|---|---|
| Median Home Value | $357,900 | $362,200 | $244,900 |
| Median Rent | $1,415 | $1,250 | $1,163 |
| Median Income | $81,210 | $70,084 | $69,021 |
| Home Value To Income | 4.4x | 5.2x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Newberg, OR Costs By Category
Detailed Newberg Services Costs Vs. Oregon
Detailed Newberg Groceries Costs Vs. Oregon
Detailed Newberg Health Costs Vs. Oregon
Detailed Newberg Transportation Costs Vs. Oregon
Detailed Newberg Utilities Costs Vs. Oregon
Newberg SnackAbility
/10
Cost Of Living In Cities Around Newberg
The cost of living varies in the cities and towns around Newberg. 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 Newberg.
Aloha, OR has a cost of living index of 120, 1.0x Newberg.
Lake Oswego, OR has a cost of living index of 153, 1.3x Newberg.
| City | Population | Cost Of Living | Vs. Newberg |
|---|---|---|---|
| Tigard, OR | 54,750 | 128 | 1.1x |
| Aloha, OR | 52,704 | 120 | 1.0x |
| Lake Oswego, OR | 40,390 | 153 | 1.3x |
| Bethany, OR | 29,277 | 145 | 1.3x |
| West Linn, OR | 27,173 | 140 | 1.2x |
| Wilsonville, OR | 25,887 | 133 | 1.2x |
| Sherwood, OR | 20,281 | 130 | 1.1x |
| Oatfield, OR | 12,993 | 127 | 1.1x |
| Oak Hills, OR | 11,715 | 131 | 1.1x |
| Oregon, WI | 11,100 | 110 | 1.0x |
