Housing costs in Ontario?
A typical home costs
$302,300, which is 10.6% less expensive than the national average of
$338,100 and 35.5% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Ontario costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 67.0% cheaper than the state average of
$1,520.
Can I afford Ontario?
To live comfortably in Ontario Ore Metro Area, Oregon, a minimum annual income of
$57,960 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Ontario?
The cost of living in the Ontario, OR Metro Area is lower than the national average. At 83.5 on the Cost of Living Index, it is about 16 points lower than the US average of 100. This means that it is more affordable to live in Ontario, OR compared to other parts of the country. Furthermore, the median house value is much lower at $302,300 compared to the US average at $338,100. This further contributes to making Ontario an attractive place for people looking for a more affordable area in which to live.