Cost of living in Oak Grove 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 Oak Grove 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 Oak Grove is 124, with 100 being the average.
The cost of living index in Oak Grove is 1.2x higher than the national average.
Oak Grove ranks as the #75 cheapest in Oregon out of 98.
Oak Grove ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Oak Grove is $379,800.
The median income in Oak Grove is $68,344.
According to the most recent data on the cost of living, Oak Grove has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Oregon, Oak Grove has a cost of living index that's 1.1x higher than Oregon's index of 116.
The standard of living in Oak Grove ranks as #75 most affordable out of the 98 places we measured in Oregon. By definition, that implies Oak Grove ranks as the #23 most expensive place in the Beaver State.
For more reading on life in Oak Grove, check out:
Six factors go into calculating the cost of living index in Oak Grove. Here is how it fairs on each of the criteria:
The Services index in Oak Grove is 118.
The Groceries index in Oak Grove is 114.
The Health index in Oak Grove is 115.
The Housing index in Oak Grove is 138.
The Transportation index in Oak Grove is 130.
The Utilities index in Oak Grove is 90.
Living Expense | Oak Grove | Oregon | National Average | |
---|---|---|---|---|
Overall | 124 | 116 | 100 | |
Services | 118 | 106 | 100 | |
Groceries | 114 | 107 | 100 | |
Health | 115 | 103 | 100 | |
Housing | 138 | 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 Oak Grove is $379,800.
The Median Rent in Oak Grove is $1,488.
The Median Income in Oak Grove is $68,344.
The Home Value To Income in Oak Grove is 5.6x.
The Rent To Monthly Income in Oak Grove is 0.26x.
Statistic | Oak Grove | Oregon | United States |
---|---|---|---|
Median Home Value | $379,800 | $362,200 | $244,900 |
Median Rent | $1,488 | $1,250 | $1,163 |
Median Income | $68,344 | $70,084 | $69,021 |
Home Value To Income | 5.6x | 5.2x | 3.5x |
Rent To Monthly Income | 0.26x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Oak Grove. Here's a quick look at the cost of living in the most populous nearby places:
Vancouver, WA has a cost of living index of 116, 0.9x Oak Grove.
Lake Oswego, OR has a cost of living index of 153, 1.2x Oak Grove.
Orchards, WA has a cost of living index of 114, 0.9x Oak Grove.
City | Population | Cost Of Living | Vs. Oak Grove |
---|---|---|---|
Vancouver, WA | 188,331 | 116 | 0.9x |
Lake Oswego, OR | 40,390 | 153 | 1.2x |
Orchards, WA | 28,371 | 114 | 0.9x |
West Linn, OR | 27,173 | 140 | 1.1x |
Camas, WA | 25,774 | 130 | 1.0x |
Hazel Dell, WA | 21,650 | 116 | 0.9x |
Milwaukie, OR | 21,108 | 116 | 0.9x |
Five Corners, WA | 20,428 | 114 | 0.9x |
Washougal, WA | 16,664 | 116 | 0.9x |
Oatfield, OR | 12,993 | 127 | 1.0x |