Housing costs in Philomath?
A typical home costs
$489,100, which is 44.7% more expensive than the national average of
$338,100 and 4.4% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Philomath costs
$1,220 per month, which is 19.7% cheaper than the national average of
$1,520 and 17.2% cheaper than the state average of
$1,430.
Can I afford Philomath?
To live comfortably in Philomath (zip 97370), Oregon, a minimum annual income of
$93,600 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Philomath?
Living in 97370 Philomath, OR is generally affordable compared to other cities in the state. The most recent cost of living index for Philomath is 92.8, which is 8.2% lower than the Oregon average of 101.3 and 1.7% lower than the national average of 94.1. Housing costs are particularly low with a median home value of $264,300, which is much lower than the state median of $362,100. Other necessities such as groceries and utilities are also generally less expensive compared to the rest of the state. This makes living in 97370 Philomath, OR an especially attractive option for those looking for an affordable place to call home.