Housing costs in Banks?
A typical home costs
$572,000, which is 69.2% more expensive than the national average of
$338,100 and 22.1% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Banks costs
$1,870 per month, which is 23.0% more than the national average of
$1,520 and close to the state average of
$1,840.
Can I afford Banks?
To live comfortably in Banks (zip 97106), Oregon, a minimum annual income of
$109,440 for a family, and
$65,600 for a single person is recommended.
What does A.I. say about Banks?
The cost of living in 97106 Banks, OR is relatively high compared to other parts of the state. The median home price for the area is around $338,000, and rent prices are typically above $1,200 per month. Additionally, the cost of groceries and other household items are higher than average. Residents looking to save money will need to look for deals at local stores or shop online. There are also several tax incentives available for businesses located in 97106 Banks, OR that can help offset the overall costs of living in the area.