Oregon's cost of living index is 115 — 15.0% above the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
115
US avg = 100
vs. National Avg
+15.0%
More expensive
Median Income
$67,058
Oregon median household
Equiv. at US Avg
$58,311
Same purchasing power
| CoL Index | 115 | MIT/MERIC composite index (US avg = 100) |
| vs. National | +15.0% | Above average cost |
| Median Household Income | $67,058 | Oregon median (2023 ACS) |
| National Purchasing Power | $58,311 | Equivalent $ at US avg CoL |
| Overall Category | High | Qualitative classification |
| Population | 4,237,256 | 2020 US Census |
With a cost of living index of 115, Oregon is 15% above the national average. Higher costs in Oregon mean your dollar stretches less far than in most states. A salary of $67,058 in Oregon provides the equivalent purchasing power of $58,311 in a state with average cost of living.
Housing is typically the largest driver of cost of living differences between states.Oregon's median home price of $450,000 is significantly above the national median of approximately $310,000. Other factors include state income tax (9.9% top rate in Oregon), sales tax (no state sales tax), and local property tax rates (0.97%).
