Housing costs in Springfield?
A typical home costs
$382,700, which is 13.2% more expensive than the national average of
$338,100 and 18.3% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Springfield costs
$1,270 per month, which is 16.4% cheaper than the national average of
$1,520 and 6.3% cheaper than the state average of
$1,350.
Can I afford Springfield?
To live comfortably in Springfield (zip 97477), Oregon, a minimum annual income of
$73,440 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 97477 Springfield, OR is considerably lower than the national average. Groceries are particularly affordable, and the median home value is around $232,000. Renting an apartment in Springfield is also quite reasonable – the median rental cost for a one-bedroom apartment is around $850 per month. In addition to this, utilities such as electricity and water are also very affordable in this area. All of these factors make 97477 Springfield, OR an ideal and economical place to live.