Cost of living in Central Point 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 Central Point 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 Central Point is 116, with 100 being the average.
The cost of living index in Central Point is 1.2x higher than the national average.
Central Point ranks as the #45 cheapest in Oregon out of 99.
Central Point ranks as the #4,151 cheapest out of 6,489 in the US.
The median home value in Central Point is $411,785.
The median income in Central Point is $80,450.
According to the most recent data on the cost of living, Central Point has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Oregon, Central Point has a cost of living index that's 1.0x higher than Oregon's index of 112.
The standard of living in Central Point ranks as #45 most affordable out of the 99 places we measured in Oregon. By definition, that implies Central Point ranks as the #54 most expensive place in the Beaver State.
For more reading on life in Central Point, check out:
Six factors go into calculating the cost of living index in Central Point. Here is how it fairs on each of the criteria:
The Services index in Central Point is 106.
The Groceries index in Central Point is 108.
The Health index in Central Point is 99.
The Housing index in Central Point is 144.
The Transportation index in Central Point is 107.
The Utilities index in Central Point is 97.
| Living Expense | Central Point | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 116 | 112 | 100 | |
| Services | 106 | 107 | 100 | |
| Groceries | 108 | 107 | 100 | |
| Health | 99 | 104 | 100 | |
| Housing | 144 | 124 | 100 | |
| Transportation | 107 | 116 | 100 | |
| Utilities | 97 | 97 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Central Point is $411,785.
The Median Rent in Central Point is $1,268.
The Median Income in Central Point is $80,450.
The Home Value To Income in Central Point is 5.1x.
The Rent To Monthly Income in Central Point is 0.19x.
| Statistic | Central Point | Oregon | United States |
|---|---|---|---|
| Median Home Value | $411,785 | $496,180 | $303,400 |
| Median Rent | $1,268 | $1,450 | $1,348 |
| Median Income | $80,450 | $80,426 | $78,538 |
| Home Value To Income | 5.1x | 6.2x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.22x | 0.21x |
| Item | Central Point | Oregon |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $11.07 | $12.13 |
| Bowling | $19.22 | $18 |
| Haircut | $27.36 | $24.26 |
| Beauty Salon | $43.93 | $45.56 |
| Item | Central Point | Oregon |
|---|---|---|
| Ground Beef | $5.6 | $5.84 |
| Fried Chicken | $2.03 | $1.57 |
| Milk | $4.82 | $4.67 |
| Potatoes | $4.42 | $4.93 |
| Pizza | $12.91 | $12.09 |
| Beer | $12.06 | $10.41 |
| Toothpaste | $3.77 | $3.7 |
| Item | Central Point | Oregon |
|---|---|---|
| Optometrist | $128.83 | $125.68 |
| Doctor | $133.8 | $135.78 |
| Dentist | $129.67 | $113.29 |
| Item | Central Point | Oregon |
|---|---|---|
| Gasoline | $4.01 | $3.46 |
| Tire Balancing | $50.89 | $59.92 |
| Item | Central Point | Oregon |
|---|---|---|
| All Electricity | $184.23 | $193.99 |
| Phone | $184.96 | $192.25 |
The cost of living varies in the cities and towns around Central Point. Here's a quick look at the cost of living in the most populous nearby places:
Medford, OR has a cost of living index of 115, 1.0x Central Point.
Grants Pass, OR has a cost of living index of 112, 1.0x Central Point.
Ashland, OR has a cost of living index of 134, 1.2x Central Point.
| City | Population | Cost Of Living | Vs. Central Point |
|---|---|---|---|
| Medford, OR | 85,794 | 115 | 1.0x |
| Grants Pass, OR | 39,183 | 112 | 1.0x |
| Ashland, OR | 21,343 | 134 | 1.2x |
| Eagle Point, OR | 9,783 | 113 | 1.0x |
| Yreka, CA | 7,832 | 99 | 0.9x |
| Talent, OR | 6,271 | 109 | 0.9x |