Housing costs in Merrill?
A typical home costs
$218,800, which is 35.3% less expensive than the national average of
$338,100 and 53.3% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Merrill costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 61.7% cheaper than the state average of
$1,520.
Can I afford Merrill?
To live comfortably in Merrill, Oregon, a minimum annual income of
$41,760 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Merrill?
The cost of living in Merrill, OR is relatively low compared to other parts of the state. Housing costs are quite affordable for both renters and homeowners alike, with the median home value estimated at $112,400 as of 2019. Utilities such as gas and electric tend to be lower than the national average, helping offset some of the common costs of daily living. Groceries and other goods in the area can be slightly more expensive than other areas, but overall it is still cheaper than most places in Oregon. In addition, there are a variety of restaurants and stores nearby that provide a wide range of options for people on different budgets.