Housing costs in Oregon?
A typical home costs
$250,600, which is 25.9% less expensive than the national average of
$338,100 and 14.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Oregon costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Oregon?
To live comfortably in Oregon, Michigan, a minimum annual income of
$47,880 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Oregon?
Oregon, MI has a cost of living that falls slightly below the national average. Housing costs in Oregon are much lower than the national average, with median home values of approximately $110,000. The overall cost of groceries and health care in Oregon is slightly higher than the national median, but still quite affordable for most residents. Utility costs are also quite reasonable, with electricity and gas prices being well below the national average. Overall, Oregon offers its residents a high quality of life at an affordable price.