Housing costs in Marcola?
A typical home costs
$488,500, which is 44.5% more expensive than the national average of
$338,100 and 4.3% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Marcola costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,520.
Can I afford Marcola?
To live comfortably in Marcola (zip 97454), Oregon, a minimum annual income of
$93,600 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Marcola?
The cost of living in 97454 Marcola, OR is relatively low in comparison to other parts of the state. According to the Missouri Economic Research and Information Center, the cost of living index for Marcola is 89.1 compared to the statewide average of 100. This means that residents can expect to have access to goods and services at a lower cost than in other areas. The median home value in Marcola is $222,000, which is slightly below the national average; however, housing costs still remain relatively low when compared to larger cities across Oregon. Furthermore, utilities are reasonably priced and transportation costs are kept affordable with bus routes and bike trails throughout town. In general, the cost of living in Marcola has a lot to offer its citizens in terms of affordability.