Housing costs in Springfield?
A typical home costs
$393,700, which is 16.4% more expensive than the national average of
$338,100 and 15.9% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Springfield costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 17.8% cheaper than the state average of
$1,520.
Can I afford Springfield?
To live comfortably in Springfield, Oregon, a minimum annual income of
$75,600 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in Springfield, OR is slightly above the US average, with an index score of 101.4 compared to the US average of 100. This means that any goods and services will cost a little bit more than they would elsewhere. Despite this, the median house value in Springfield is still significantly lower than the US average, which stands at $338,100. Therefore, while goods and services may be more expensive than elsewhere, those looking to purchase a home in Springfield will still receive good value for their money.