Housing costs in Lake Oswego?
A typical home costs
$995,000, which is 194.3% more expensive than the national average of
$338,100 and 112.4% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lake Oswego costs
$2,340 per month, which is 53.9% more than the national average of
$1,520 and 21.4% more than the state average of
$1,840.
Can I afford Lake Oswego?
To live comfortably in Lake Oswego (zip 97034), Oregon, a minimum annual income of
$190,800 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about Lake Oswego?
Lake Oswego,OR is known for its high cost of living. In 97034, the average home cost is nearly $520,000 with an overall cost of living index around 153.3 which is higher than the national average of 100. The median monthly rent for a one bedroom apartment is around $1,400 and utilities are estimated to be roughly $165 per month. Transportation costs are also high in Lake Oswego with the average round trip costing around $6.50 when taking public transportation and gas prices running slightly above the national average at $2.80 per gallon. Groceries are also more expensive when compared to the rest of the country with a meal for two at a mid-range restaurant costing roughly $60. With all factors considered, Lake Oswego can be an expensive place to live overall.