Housing costs in Madras?
A typical home costs
$350,800, which is 3.8% more expensive than the national average of
$338,100 and 25.1% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Madras costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 52.0% cheaper than the state average of
$1,520.
Can I afford Madras?
To live comfortably in Madras (zip 97741), Oregon, a minimum annual income of
$67,320 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Madras?
The cost of living in 97741 Madras, OR is relatively low compared to other parts of the United States. According to BestPlaces’s Cost of Living Index, Madras has an index score that is 8.62% lower than the U.S. average. This means that basic necessities like groceries, housing, healthcare and transportation are significantly more affordable in Madras compared to other cities and states throughout the country. Furthermore, local taxes are generally lower as well making it a great place for those looking to save money without sacrificing quality of life.