Housing costs in Monmouth?
A typical home costs
$440,400, which is 30.3% more expensive than the national average of
$338,100 and 6.0% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Monmouth costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 19.7% cheaper than the state average of
$1,520.
Can I afford Monmouth?
To live comfortably in Monmouth, Oregon, a minimum annual income of
$84,240 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Monmouth?
The cost of living in Monmouth, OR is relatively affordable compared to other cities and states in the country. Housing costs are lower than the national average, with an average rental rate of $942 per month and median home prices at around $241,700. In addition, groceries and utilities tend to be below the national average as well. The cost of transportation can also be quite affordable due to its close proximity to major highways and public transportation options. With plenty of outdoor activities available, it's easy to have a great lifestyle without breaking the bank in Monmouth, OR.