The 10 Most Expensive Places To Live In Oregon For 2021


We used science and data to determine which cities in Oregon that will put a big dent in your wallet.

Editor’s Note: We updated this article for 2021. This is our seventh time ranking the most expensive places to live in Oregon.

Everyone wants a home that mixes affordability with comfort and Oregon does this very well. Families love the Beaver State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in Oregon that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Oregon for 2021.

So where is the most expensive place to live in Oregon? That would be Ashland.
the 2015-2019 American Community Survey for the 76 places in Oregon with more than 5,000 people.

Here are the 10 most expensive places to live in Oregon for 2021:

  1. Ashland
  2. Corvallis
  3. Bend
  4. Wilsonville
  5. Seaside
  6. Lincoln City
  7. Hood River
  8. Gresham
  9. Eugene
  10. Portland

What's the most expensive place to live in Oregon? Well, HomeSnacks crunched the numbers and discovered that Ashland is the most expensive place to live in Oregon.

So hopefully Milton-Freewater (the cheapest place to live in Oregon) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about Oregon and the most expensive cities in the country:

The 10 Most Expensive Places To Live In Oregon For 2021

1. AshlandAshland, OR

Overall SnackAbility

7.5
/10

Population: 21,056
Rank Last Year: 2 (Up 1)
Home Price To Income Ratio: 7.8x (most expensive)
Income To Rent Ratio: 51.9x (2most expensive)
More on Ashland: Real Estate | Data | Photos

The median income in Ashland comes in at $56,315 and the median home value is $441,900 for 2021.

2. CorvallisCorvallis, OR

Overall SnackAbility

8
/10

Population: 58,028
Rank Last Year: 4 (Up 2)
Home Price To Income Ratio: 6.2x (4th most expensive)
Income To Rent Ratio: 48.5x (11th most expensive)
More on Corvallis: Real Estate | Data | Photos

The median income in Corvallis comes in at $52,942 and the median home value is $330,500 for 2021.

3. BendBend, OR

Overall SnackAbility

8.5
/10

Population: 93,917
Rank Last Year: 6 (Up 3)
Home Price To Income Ratio: 5.9x (6th most expensive)
Income To Rent Ratio: 51.5x (19th most expensive)
More on Bend: Real Estate | Data | Photos

The median income in Bend comes in at $65,662 and the median home value is $384,800 for 2021.

4. WilsonvilleWilsonville, OR

Overall SnackAbility

7
/10

Population: 24,073
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 5.9x (5th most expensive)
Income To Rent Ratio: 53.2x (27th most expensive)
More on Wilsonville: Real Estate | Data | Photos

The median income in Wilsonville comes in at $72,312 and the median home value is $425,900 for 2021.

5. SeasideSeaside, OR

Source: Public domain
Overall SnackAbility

6
/10

Population: 6,737
Rank Last Year: 3 (Down 1)
Home Price To Income Ratio: 6.7x (2nd most expensive)
Income To Rent Ratio: 49.5x (15th most expensive)
More on Seaside: Real Estate | Data | Photos

The median income in Seaside comes in at $46,505 and the median home value is $309,700 for 2021.

6. Lincoln CityLincoln City, OR

Overall SnackAbility

5
/10

Population: 8,826
Rank Last Year: 6 (No Change)
Home Price To Income Ratio: 6.3x (3rd most expensive)
Income To Rent Ratio: 42.2x (2nd most expensive)
More on Lincoln City: Real Estate | Data | Photos

The median income in Lincoln City comes in at $39,344 and the median home value is $246,300 for 2021.

7. Hood RiverHood River, OR

Overall SnackAbility

8
/10

Population: 7,715
Rank Last Year: 1 (Down 6)
Home Price To Income Ratio: 5.9x (7th most expensive)
Income To Rent Ratio: 53.0x (26th most expensive)
More on Hood River: Real Estate | Data | Photos

The median income in Hood River comes in at $60,542 and the median home value is $354,700 for 2021.

8. GreshamGresham, OR

Overall SnackAbility

6
/10

Population: 110,494
Rank Last Year: 11 (Up 3)
Home Price To Income Ratio: 5.3x (13th most expensive)
Income To Rent Ratio: 45.9x (6th most expensive)
More on Gresham: Real Estate | Data | Photos

The median income in Gresham comes in at $54,084 and the median home value is $287,900 for 2021.

9. EugeneEugene, OR

Overall SnackAbility

7
/10

Population: 168,302
Rank Last Year: 9 (No Change)
Home Price To Income Ratio: 5.7x (11th most expensive)
Income To Rent Ratio: 49.4x (14th most expensive)
More on Eugene: Real Estate | Data | Photos

The median income in Eugene comes in at $50,962 and the median home value is $288,600 for 2021.

10. PortlandPortland, OR

Overall SnackAbility

8
/10

Population: 645,291
Rank Last Year: 12 (Up 2)
Home Price To Income Ratio: 5.8x (9th most expensive)
Income To Rent Ratio: 56.9x (4most expensive)
More on Portland: Real Estate | Data | Photos

The median income in Portland comes in at $71,005 and the median home value is $412,000 for 2021.

How We Determined The Most Expensive Places To Live In The Beaver State For 2021

Map Of The Cheapest Places To Live In Oregon
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2015-2019 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Oregon to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 76 places in Oregon that have more than 5,000 people.

The place with the highest cost of living in Oregon according to the data is Ashland. You can download the data here.

Taking A Chunk Out Of Your Paycheck In Oregon For 2021

Well there you have it, the places in Oregon that have the highest cost of living, with Ashland ranking as the most expensive city in the Beaver State.

Here's a look at the most affordable cities in Oregon according to the data:

  1. Milton-Freewater
  2. Hermiston
  3. Baker City

For more Oregon reading, check out:

Detailed List Of The Most Expensive Cities In Oregon

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Ashland 8.67 21,056 7.8x 51.9x
2 Corvallis 10.0 58,028 6.2x 48.5x
3 Bend 11.67 93,917 5.9x 51.5x
4 Wilsonville 12.33 24,073 5.9x 53.2x
5 Seaside 12.33 6,737 6.7x 49.5x
6 Lincoln City 15.0 8,826 6.3x 42.2x
7 Hood River 15.33 7,715 5.9x 53.0x
8 Gresham 15.67 110,494 5.3x 45.9x
9 Eugene 17.33 168,302 5.7x 49.4x
10 Portland 19.0 645,291 5.8x 56.9x
11 Monmouth 19.67 10,282 5.7x 39.2x
12 Beaverton 20.0 97,861 5.2x 53.7x
13 Gladstone 20.33 12,170 4.7x 48.0x
14 Milwaukie 21.0 21,009 5.2x 52.8x
15 Medford 22.0 81,145 5.3x 51.6x
16 Talent 22.67 6,503 5.4x 43.6x
17 Grants Pass 23.67 37,545 5.2x 47.6x
18 Florence 24.67 8,921 5.3x 47.9x
19 Lake Oswego 25.67 39,127 5.8x 67.5x
20 Astoria 26.67 9,836 5.3x 53.8x
21 Prineville 27.67 10,035 5.3x 42.9x
22 Newberg 28.0 23,396 5.0x 57.1x
23 Madras 28.67 6,777 5.2x 42.8x
24 Newport 29.0 10,559 5.3x 54.7x
25 Forest Grove 29.33 24,457 5.0x 59.4x
26 Oregon City 29.33 36,492 4.7x 59.7x
27 Tigard 30.67 53,312 5.1x 64.2x
28 Tualatin 31.33 27,527 4.9x 64.2x
29 Hillsboro 32.33 106,543 4.2x 56.6x
30 Central Point 33.33 18,376 4.5x 54.8x
31 Fairview 34.33 9,363 4.3x 55.4x
32 Mcminnville 35.33 34,010 4.6x 55.0x
33 Brookings 35.67 6,431 4.9x 63.6x
34 West Linn 37.0 26,656 4.4x 69.9x
35 Woodburn 37.0 25,738 4.1x 48.7x
36 Tillamook 37.33 5,231 4.6x 51.9x
37 Springfield 38.0 62,077 4.3x 51.3x
38 Canby 39.67 17,695 4.5x 69.2x
39 Roseburg 40.33 23,083 4.3x 53.0x
40 St. Helens 40.33 13,559 4.5x 56.8x
41 Molalla 40.67 9,155 4.3x 60.8x
42 Silverton 40.67 10,242 4.6x 66.5x
43 Happy Valley 41.33 20,971 4.0x 78.6x
44 Salem 41.33 169,259 4.3x 57.4x
45 Troutdale 42.33 16,466 4.0x 64.1x
46 Warrenton 43.33 5,549 4.4x 61.7x
47 Independence 43.67 9,842 3.8x 51.1x
48 Lebanon 44.0 16,870 3.9x 48.7x
49 Redmond 44.67 30,167 4.0x 59.7x
50 Sherwood 44.67 19,625 3.9x 69.7x
51 Sandy 45.0 11,070 3.8x 59.8x
52 Keizer 46.0 38,980 4.0x 61.2x
53 Cornelius 46.67 12,638 3.9x 61.0x
54 Cottage Grove 47.67 10,182 4.0x 55.0x
55 Winston 48.67 5,416 3.8x 50.2x
56 Sweet Home 49.0 9,619 3.5x 46.7x
57 Scappoose 49.0 7,270 3.7x 64.1x
58 La Grande 49.33 13,310 4.0x 53.7x
59 The Dalles 52.33 15,448 4.0x 61.0x
60 Klamath Falls 53.0 21,335 3.8x 54.2x
61 Sutherlin 53.0 8,033 3.5x 52.5x
62 Junction City 54.0 6,053 4.2x 71.5x
63 Albany 55.0 53,521 3.7x 62.8x
64 Dallas 55.33 16,168 3.9x 65.1x
65 North Bend 56.0 9,652 3.7x 60.0x
66 Eagle Point 57.0 9,154 3.1x 62.2x
67 Coos Bay 57.33 16,229 3.7x 59.7x
68 Stayton 57.33 8,130 3.7x 65.2x
69 Sheridan 58.0 6,122 3.3x 55.8x
70 Ontario 59.0 10,966 3.2x 53.4x
71 Creswell 62.67 5,356 3.6x 69.5x
72 Umatilla 65.67 7,162 3.3x 60.9x
73 Pendleton 66.33 16,733 3.4x 65.5x
74 Baker City 70.33 9,752 3.3x 67.4x
75 Hermiston 72.0 17,423 3.0x 71.2x
76 Milton-Freewater 75.33 7,037 2.7x 75.5x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.