Housing costs in Cedar Mill?
A typical home costs
$780,700, which is 130.9% more expensive than the national average of
$338,100 and 66.7% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Cedar Mill costs
$2,150 per month, which is 50.3% more than the national average of
$1,430 and 29.3% more than the state average of
$1,520.
Can I afford Cedar Mill?
To live comfortably in Cedar Mill, Oregon, a minimum annual income of
$149,760 for a family, and
$75,200 for a single person is recommended.
What does A.I. say about Cedar Mill?
The cost of living in Cedar Mill, OR is quite reasonable. The median home price is around $450,000, while the median income is just over $100,000. This gives residents a great balance between affordability and quality of life. Renting a one-bedroom apartment will typically range from around $1000 to $1500 per month. Groceries for a family of four typically cost around $400 per month, with other necessary expenses bringing the monthly total to just over $2,000 for most households. Utilities tend to stay relatively low due to the mild climate in Cedar Mill and average around $200 per month. All in all, Cedar Mill offers great value for money when it comes to overall cost of living.