Zip 97540 (Talent, OR) Cost of Living


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How much do I need to live in Talent, Oregon?
$6,330 / month
for a family, 17.2% more expensive than the national average A total of $75,960 for the year for a family.
$3,500 / month
for a single person, 26.6% less expensive than the national average A total of $42,000 for the year for a single person.

Talent cost of living score
106.1
More expensive
6.1% higher
than the US average
7.2% lower
than the Oregon average
Talent (zip 97540), Oregon gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 7.2% higher than the average for Oregon.

Zip 97540 (Talent, OR)

Housing costs in Talent?
A typical home costs $396,700, which is 17.3% more expensive than the national average of $338,100 and 15.3% less expensive than the average Oregon home, at $468,400. Renting a two-bedroom unit in Talent costs $1,390 per month, which is 8.6% cheaper than the national average of $1,520 and 7.2% more than the state average of $1,290.

Can I afford Talent?
To live comfortably in Talent (zip 97540), Oregon, a minimum annual income of $75,960 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Talent?
The cost of living in 97540 Talent, OR is quite reasonable. The median home price is around $200,000, and the median monthly rent is approximately $1,250. Compared to other areas within Oregon and the rest of the US, living costs in 97540 Talent are quite affordable. Utilities are also reasonably priced compared to surrounding communities, making it a great place for families or individuals who are on a budget. There is also no state income tax in Oregon which makes it even more attractive for those looking to keep their expenses down.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTalentOregonUnited States
    Unlock114.3100.0
  101.1  Unlock100.0
    Unlock94.6100.0
  126.9  Unlock100.0
    Unlock$468,400$338,100
  89.6  Unlock100.0
    Unlock107.1100.0
  116.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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