Housing costs in Philomath?
A typical home costs
$454,000, which is 34.3% more expensive than the national average of
$338,100 and 3.1% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Philomath costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 27.7% cheaper than the state average of
$1,520.
Can I afford Philomath?
To live comfortably in Philomath, Oregon, a minimum annual income of
$87,120 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Philomath?
The cost of living in Philomath, OR is relatively affordable compared to other cities in the region. Overall, the cost of goods and services is 9% lower than the statewide average. Housing costs are especially low with an average price of $225,300 for a 3 bedroom home. Additionally, transportation costs are also fairly low compared to other cities. The average household spends just $3,491 per year on transportation related expenses such as fuel and maintenance. In conclusion, living in Philomath, OR is a great option for those looking for affordability without compromising on amenities and quality of life.