Housing costs in Wallowa Lake?
A typical home costs
$336,300, which is 0.5% less expensive than the national average of
$338,100 and 28.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Wallowa Lake costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 55.1% cheaper than the state average of
$1,520.
Can I afford Wallowa Lake?
To live comfortably in Wallowa Lake, Oregon, a minimum annual income of
$64,440 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Wallowa Lake?
The cost of living in Wallowa Lake, OR is quite reasonable. The overall cost of living index in the area is 90.5, which is lower than the US average of 100. Rent and home prices are also quite affordable compared to other areas in the region. For example, a three bedroom house can be rented for around $850 per month or purchased for around $170,000. Groceries and utilities are also reasonably priced compared to other areas in Oregon. While the cost of living may not be as low as some rural areas, it’s certainly much more affordable than other cities and towns in Oregon.