Cost of living in Eagle 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 Eagle 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 Eagle Point is 113, with 100 being the average.
The cost of living index in Eagle Point is 1.1x higher than the national average.
Eagle Point ranks as the #39 cheapest in Oregon out of 99.
Eagle Point ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Eagle Point is $468,722.
The median income in Eagle Point is $89,187.
According to the most recent data on the cost of living, Eagle Point has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Oregon, Eagle Point has a cost of living index that's 1.0x higher than Oregon's index of 112.
The standard of living in Eagle Point ranks as #39 most affordable out of the 99 places we measured in Oregon. By definition, that implies Eagle Point ranks as the #60 most expensive place in the Beaver State.
For more reading on life in Eagle Point, check out:
Six factors go into calculating the cost of living index in Eagle Point. Here is how it fairs on each of the criteria:
The Services index in Eagle Point is 104.
The Groceries index in Eagle Point is 106.
The Health index in Eagle Point is 103.
The Housing index in Eagle Point is 138.
The Transportation index in Eagle Point is 107.
The Utilities index in Eagle Point is 98.
| Living Expense | Eagle Point | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 113 | 112 | 100 | |
| Services | 104 | 107 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 103 | 104 | 100 | |
| Housing | 138 | 124 | 100 | |
| Transportation | 107 | 116 | 100 | |
| Utilities | 98 | 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 Eagle Point is $468,722.
The Median Rent in Eagle Point is $1,371.
The Median Income in Eagle Point is $89,187.
The Home Value To Income in Eagle Point is 5.3x.
The Rent To Monthly Income in Eagle Point is 0.18x.
| Statistic | Eagle Point | Oregon | United States |
|---|---|---|---|
| Median Home Value | $468,722 | $496,180 | $303,400 |
| Median Rent | $1,371 | $1,450 | $1,348 |
| Median Income | $89,187 | $80,426 | $78,538 |
| Home Value To Income | 5.3x | 6.2x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.22x | 0.21x |
| Item | Eagle 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 | Eagle 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 | Eagle Point | Oregon |
|---|---|---|
| Optometrist | $128.83 | $125.68 |
| Doctor | $133.8 | $135.78 |
| Dentist | $129.67 | $113.29 |
| Item | Eagle Point | Oregon |
|---|---|---|
| Gasoline | $4.01 | $3.46 |
| Tire Balancing | $50.89 | $59.92 |
| Item | Eagle Point | Oregon |
|---|---|---|
| All Electricity | $184.23 | $193.99 |
| Phone | $184.96 | $192.25 |
The cost of living varies in the cities and towns around Eagle 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 Eagle Point.
Grants Pass, OR has a cost of living index of 112, 1.0x Eagle Point.
Ashland, OR has a cost of living index of 134, 1.2x Eagle Point.
| City | Population | Cost Of Living | Vs. Eagle Point |
|---|---|---|---|
| Medford, OR | 85,794 | 115 | 1.0x |
| Grants Pass, OR | 39,183 | 112 | 1.0x |
| Ashland, OR | 21,343 | 134 | 1.2x |
| Central Point, OR | 19,183 | 116 | 1.0x |
| Talent, OR | 6,271 | 109 | 1.0x |