Cost of living in Philomath 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 Philomath 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 Philomath is 113, with 100 being the average.
The cost of living index in Philomath is 1.1x higher than the national average.
Philomath ranks as the #50 cheapest in Oregon out of 98.
Philomath ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Philomath is $278,500.
The median income in Philomath is $70,806.
According to the most recent data on the cost of living, Philomath has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Oregon, Philomath has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Philomath ranks as #50 most affordable out of the 98 places we measured in Oregon. By definition, that implies Philomath ranks as the #48 most expensive place in the Beaver State.
For more reading on life in Philomath, check out:
Six factors go into calculating the cost of living index in Philomath. Here is how it fairs on each of the criteria:
The Services index in Philomath is 122.
The Groceries index in Philomath is 112.
The Health index in Philomath is 118.
The Housing index in Philomath is 101.
The Transportation index in Philomath is 127.
The Utilities index in Philomath is 87.
Living Expense | Philomath | Oregon | National Average | |
---|---|---|---|---|
Overall | 113 | 116 | 100 | |
Services | 122 | 106 | 100 | |
Groceries | 112 | 107 | 100 | |
Health | 118 | 103 | 100 | |
Housing | 101 | 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 Philomath is $278,500.
The Median Rent in Philomath is $1,189.
The Median Income in Philomath is $70,806.
The Home Value To Income in Philomath is 3.9x.
The Rent To Monthly Income in Philomath is 0.2x.
Statistic | Philomath | Oregon | United States |
---|---|---|---|
Median Home Value | $278,500 | $362,200 | $244,900 |
Median Rent | $1,189 | $1,250 | $1,163 |
Median Income | $70,806 | $70,084 | $69,021 |
Home Value To Income | 3.9x | 5.2x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Philomath. Here's a quick look at the cost of living in the most populous nearby places:
Salem, OR has a cost of living index of 112, 1.0x Philomath.
Eugene, OR has a cost of living index of 118, 1.0x Philomath.
Springfield, OR has a cost of living index of 106, 0.9x Philomath.
City | Population | Cost Of Living | Vs. Philomath |
---|---|---|---|
Salem, OR | 174,193 | 112 | 1.0x |
Eugene, OR | 173,278 | 118 | 1.0x |
Springfield, OR | 62,138 | 106 | 0.9x |
Corvallis, OR | 59,407 | 123 | 1.1x |
Albany, OR | 55,776 | 110 | 1.0x |
Keizer, OR | 39,119 | 114 | 1.0x |
Dallas, OR | 16,663 | 110 | 1.0x |
Four Corners, OR | 16,608 | 107 | 0.9x |
Silverton, OR | 10,402 | 116 | 1.0x |
Stayton, OR | 8,199 | 112 | 1.0x |