Housing costs in Silverton?
A typical home costs
$495,700, which is 46.6% more expensive than the national average of
$338,100 and 5.8% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Silverton costs
$1,270 per month, which is 16.4% cheaper than the national average of
$1,520 and close to the state average of
$1,250.
Can I afford Silverton?
To live comfortably in Silverton (zip 97381), Oregon, a minimum annual income of
$95,040 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Silverton?
Silverton, OR is a great place to live and it doesn't come with an expensive cost of living. 97381 Silverton has an overall cost of living index of 91.2, which is lower than the national average. This means that it's cheaper than most other cities in Oregon and across the country. In Silverton, groceries are 10% cheaper than the national average, utilities are 7% less, and housing costs are 4% below average. With its low cost of living, living in 97381 Silverton could be a great option for those looking for an affordable place to call home.