Housing costs in McMinnville?
A typical home costs
$453,600, which is 34.2% more expensive than the national average of
$338,100 and 3.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in McMinnville costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 5.6% more than the state average of
$1,520.
Can I afford McMinnville?
To live comfortably in McMinnville, Oregon, a minimum annual income of
$86,760 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about McMinnville?
McMinnville, OR is an affordable place to live, with the cost of living index sitting slightly below the national average. The cost of housing in McMinnville is relatively low, with the median home value being around $242,000 and rent needing to be paid equivalent to a median of $1,370. Food expenses are also about normal when compared to other cities across the United States. Additionally, basic utilities for a 900 square foot apartment typically run around $90 per month. All together, living in McMinnville is a great option for those looking for a budget-friendly city without having to sacrifice quality of life.