Zip 97623 (Bonanza, OR) Cost of Living


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How much do I need to live in Bonanza, Oregon?
$4,110 / month
for a family, 23.9% less expensive than the national average A total of $49,320 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Bonanza cost of living score
86.2
Less expensive
13.8% lower
than the US average
24.6% lower
than the Oregon average
Bonanza (zip 97623), Oregon gets a BestPlaces Cost of Living score of 86.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.8% lower than the U.S. average and 24.6% lower than the average for Oregon.

Zip 97623 (Bonanza, OR)

Housing costs in Bonanza?
A typical home costs $258,100, which is 23.7% less expensive than the national average of $338,100 and 44.9% less expensive than the average Oregon home, at $468,400. Renting a two-bedroom unit in Bonanza costs $950 per month, which is 37.5% cheaper than the national average of $1,520 and close to the state average of $950.

Can I afford Bonanza?
To live comfortably in Bonanza (zip 97623), Oregon, a minimum annual income of $49,320 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Bonanza?
The cost of living in 97623 Bonanza, OR is relatively low compared to other areas in the United States. According to BestPlaces, housing costs are 34% lower than the national average and groceries are 7% lower than the national average. The median household income in Bonanza is $39,500 which is lower than the national median of $60,293. Despite these lower costs, there is still access to quality amenities such as restaurants and entertainment options. Overall, 97623 Bonanza offers a good balance of affordability and amenities for anyone looking to live there.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBonanzaOregonUnited States
    Unlock114.3100.0
  96.9  Unlock100.0
    Unlock94.6100.0
  77.1  Unlock100.0
    Unlock$468,400$338,100
  94.9  Unlock100.0
    Unlock107.1100.0
  98.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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