Cost of living in Springfield 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 Springfield 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 Springfield is 106, with 100 being the average.
The cost of living index in Springfield is 1.1x higher than the national average.
Springfield ranks as the #19 cheapest in Oregon out of 98.
Springfield ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Springfield is $250,800.
The median income in Springfield is $54,503.
According to the most recent data on the cost of living, Springfield has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Oregon, Springfield has a cost of living index that's 0.9x lower than Oregon's index of 116.
The standard of living in Springfield ranks as #19 most affordable out of the 98 places we measured in Oregon. By definition, that implies Springfield ranks as the #79 most expensive place in the Beaver State.
For more reading on life in Springfield, check out:
Six factors go into calculating the cost of living index in Springfield. Here is how it fairs on each of the criteria:
The Services index in Springfield is 118.
The Groceries index in Springfield is 115.
The Health index in Springfield is 119.
The Housing index in Springfield is 90.
The Transportation index in Springfield is 131.
The Utilities index in Springfield is 89.
Living Expense | Springfield | Oregon | National Average | |
---|---|---|---|---|
Overall | 106 | 116 | 100 | |
Services | 118 | 106 | 100 | |
Groceries | 115 | 107 | 100 | |
Health | 119 | 103 | 100 | |
Housing | 90 | 140 | 100 | |
Transportation | 131 | 117 | 100 | |
Utilities | 89 | 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 Springfield is $250,800.
The Median Rent in Springfield is $1,036.
The Median Income in Springfield is $54,503.
The Home Value To Income in Springfield is 4.6x.
The Rent To Monthly Income in Springfield is 0.23x.
Statistic | Springfield | Oregon | United States |
---|---|---|---|
Median Home Value | $250,800 | $362,200 | $244,900 |
Median Rent | $1,036 | $1,250 | $1,163 |
Median Income | $54,503 | $70,084 | $69,021 |
Home Value To Income | 4.6x | 5.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.21x | 0.2x |
Item | Springfield | Oregon |
---|---|---|
Shampoo | $1.23 | $1.06 |
Movie | $11.1 | $10.68 |
Bowling | $19.95 | $14.67 |
Haircut | $33.67 | $18.62 |
Beauty Salon | $56.44 | $39.05 |
Item | Springfield | Oregon |
---|---|---|
Ground Beef | $4.74 | $4.22 |
Fried Chicken | $1.58 | $1.39 |
Milk | $2.12 | $2.05 |
Potatoes | $2.34 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $11.24 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | Springfield | Oregon |
---|---|---|
Optometrist | $146.25 | $108.57 |
Doctor | $168.67 | $116.17 |
Dentist | $101.75 | $99.13 |
Item | Springfield | Oregon |
---|---|---|
Gasoline | $2.78 | $2.22 |
Tire Balancing | $68.4 | $50.07 |
Item | Springfield | Oregon |
---|---|---|
All Electricity | $143.85 | $167.67 |
Phone | $170.53 | $175.64 |
The cost of living varies in the cities and towns around Springfield. Here's a quick look at the cost of living in the most populous nearby places:
Eugene, OR has a cost of living index of 118, 1.1x Springfield.
Corvallis, OR has a cost of living index of 123, 1.2x Springfield.
Albany, OR has a cost of living index of 110, 1.0x Springfield.
City | Population | Cost Of Living | Vs. Springfield |
---|---|---|---|
Eugene, OR | 173,278 | 118 | 1.1x |
Corvallis, OR | 59,407 | 123 | 1.2x |
Albany, OR | 55,776 | 110 | 1.0x |
Lebanon, OR | 18,150 | 104 | 1.0x |
Cottage Grove, OR | 10,569 | 108 | 1.0x |
Sweet Home, OR | 9,716 | 104 | 1.0x |
Sutherlin, OR | 8,429 | 101 | 1.0x |
Creswell, OR | 5,625 | 112 | 1.1x |
Veneta, OR | 5,199 | 108 | 1.0x |