Prospect, OR Cost of Living


1 Reviews



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How much do I need to live in Prospect, Oregon?
$5,130 / month
for a family, 5.0% less expensive than the national average A total of $61,560 for the year for a family.
$2,700 / month
for a single person, 43.4% less expensive than the national average A total of $32,400 for the year for a single person.

Prospect cost of living score
106.1
More expensive
6.1% higher
than the US average
7.2% lower
than the Oregon average
Prospect, Oregon gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 7.2% higher than the average for Oregon.

Prospect, OR

Housing costs in Prospect?
A typical home costs $321,300, which is 5.0% less expensive than the national average of $338,100 and 31.4% less expensive than the average Oregon home, at $468,400. Renting a two-bedroom unit in Prospect costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 42.1% cheaper than the state average of $1,520.

Can I afford Prospect?
To live comfortably in Prospect, Oregon, a minimum annual income of $61,560 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Prospect?
The cost of living in Prospect, OR is quite reasonable, with a median home value of just $187,900. This provides great opportunities for young families and retirees to buy a property here. Prices are generally lower than the national average and there are plenty of options when it comes to dining out or buying groceries. Many people also enjoy taking advantage of the town's numerous outdoor activities and its close proximity to larger cities like Eugene and Medford. All in all, Prospect is an affordable place to live with plenty of things to do and see.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesProspectOregonUnited States
    Unlock114.3100.0
  99.2  Unlock100.0
    Unlock94.6100.0
  101.2  Unlock100.0
    Unlock$468,400$338,100
  89.3  Unlock100.0
    Unlock107.1100.0
  116.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Prospect
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I was born and raised in this town and have decided, after having traveled around the world, it is still a wonderful place to be. This is where I will retire. It's a  More

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