Housing costs in Depoe Bay?
A typical home costs
$539,500, which is 59.6% more expensive than the national average of
$338,100 and 15.2% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Depoe Bay costs
$1,670 per month, which is 9.9% more than the national average of
$1,520 and 30.5% more than the state average of
$1,160.
Can I afford Depoe Bay?
To live comfortably in Depoe Bay (zip 97341), Oregon, a minimum annual income of
$103,320 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Depoe Bay?
The cost of living in 97341 Depoe Bay, OR is fairly high compared to the rest of the United States. The median home value in this area is $397,100 and the median rent price is $1,398 per month, both significantly higher than the national averages. The overall cost of goods and services is also above average with groceries being 15.4% more expensive than the national average and utilities costing 17.3% more. Despite the higher prices across most expenses, 97341 Depoe Bay offers a great quality of life with beautiful coastal views and easy access to outdoor recreation that many residents find worth the extra expense.