Altamont, OR Cost Of Living
Cost Of Living In Altamont, OR Summary
Cost of living in Altamont research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Altamont is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oregon, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Altamont is 97, with 100 being the average.
The cost of living index in Altamont is 1.0x lower than the national average.
Altamont ranks as the #7 cheapest in Oregon out of 98.
Altamont ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Altamont is $171,500.
The median income in Altamont is $49,906.
Table Of Contents
Altamont's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Altamont, OR?
According to the most recent data on the cost of living, Altamont has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Oregon, Altamont has a cost of living index that's 0.8x lower than Oregon's index of 116.
The standard of living in Altamont ranks as #7 most affordable out of the 98 places we measured in Oregon. By definition, that implies Altamont ranks as the #91 most expensive place in the Beaver State.
For more reading on life in Altamont, check out:
- Living In Altamont
- Search Homes For Sale In Altamont, OR
In Oregon
In America
Altamont Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Altamont. Here is how it fairs on each of the criteria:
The Services index in Altamont is 107.
The Groceries index in Altamont is 112.
The Health index in Altamont is 112.
The Housing index in Altamont is 76.
The Transportation index in Altamont is 128.
The Utilities index in Altamont is 83.
| Living Expense | Altamont | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 97 | 116 | 100 | |
| Services | 107 | 106 | 100 | |
| Groceries | 112 | 107 | 100 | |
| Health | 112 | 103 | 100 | |
| Housing | 76 | 140 | 100 | |
| Transportation | 128 | 117 | 100 | |
| Utilities | 83 | 97 | 100 | |
Altamont, OR Housing Cost Breakdown
Housing swings affordability the most between places in Oregon, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Altamont is $171,500.
The Median Rent in Altamont is $857.
The Median Income in Altamont is $49,906.
The Home Value To Income in Altamont is 3.4x.
The Rent To Monthly Income in Altamont is 0.21x.
| Statistic | Altamont | Oregon | United States |
|---|---|---|---|
| Median Home Value | $171,500 | $362,200 | $244,900 |
| Median Rent | $857 | $1,250 | $1,163 |
| Median Income | $49,906 | $70,084 | $69,021 |
| Home Value To Income | 3.4x | 5.2x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Altamont, OR Costs By Category
Detailed Altamont Services Costs Vs. Oregon
Detailed Altamont Groceries Costs Vs. Oregon
Detailed Altamont Health Costs Vs. Oregon
Detailed Altamont Transportation Costs Vs. Oregon
Detailed Altamont Utilities Costs Vs. Oregon
Altamont SnackAbility
/10
Cost Of Living In Cities Around Altamont
The cost of living varies in the cities and towns around Altamont. Here's a quick look at the cost of living in the most populous nearby places:
Klamath Falls, OR has a cost of living index of 98, 1.0x Altamont.
Ashland, OR has a cost of living index of 132, 1.4x Altamont.
| City | Population | Cost Of Living | Vs. Altamont |
|---|---|---|---|
| Klamath Falls, OR | 21,710 | 98 | 1.0x |
| Ashland, OR | 21,348 | 132 | 1.4x |
