Florence, OR Cost Of Living
Cost Of Living In Florence, OR Summary
Cost of living in Florence 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 Florence 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 Florence is 112, with 100 being the average.
The cost of living index in Florence is 1.1x higher than the national average.
Florence ranks as the #34 cheapest in Oregon out of 99.
Florence ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Florence is $436,419.
The median income in Florence is $52,049.
Table Of Contents
Florence's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Florence, OR?
According to the most recent data on the cost of living, Florence has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Oregon, Florence has a cost of living index that's 1.0x lower than Oregon's index of 112.
The standard of living in Florence ranks as #34 most affordable out of the 99 places we measured in Oregon. By definition, that implies Florence ranks as the #65 most expensive place in the Beaver State.
For more reading on life in Florence, check out:
In Oregon
In America
Florence Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Florence. Here is how it fairs on each of the criteria:
The Services index in Florence is 102.
The Groceries index in Florence is 106.
The Health index in Florence is 102.
The Housing index in Florence is 127.
The Transportation index in Florence is 106.
The Utilities index in Florence is 95.
| Living Expense | Florence | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 112 | 112 | 100 | |
| Services | 102 | 107 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 102 | 104 | 100 | |
| Housing | 127 | 124 | 100 | |
| Transportation | 106 | 116 | 100 | |
| Utilities | 95 | 97 | 100 | |
Florence, 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 2019-2023. The key points are:
The Median Home Value in Florence is $436,419.
The Median Rent in Florence is $1,172.
The Median Income in Florence is $52,049.
The Home Value To Income in Florence is 8.4x.
The Rent To Monthly Income in Florence is 0.27x.
Median Home Value
Median Rent
Median Income
Florence, OR Costs By Category
Detailed Florence Services Costs Vs. Oregon
Detailed Florence Groceries Costs Vs. Oregon
Detailed Florence Health Costs Vs. Oregon
Detailed Florence Transportation Costs Vs. Oregon
Detailed Florence Utilities Costs Vs. Oregon
Florence SnackAbility
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Cost Of Living In Cities Around Florence
The cost of living varies in the cities and towns around Florence. Here's a quick look at the cost of living in the most populous nearby places:
Eugene, OR has a cost of living index of 117, 1.0x Florence.
Coos Bay, OR has a cost of living index of 104, 0.9x Florence.
Newport, OR has a cost of living index of 114, 1.0x Florence.
| City | Population | Cost Of Living | Vs. Florence |
|---|---|---|---|
| Eugene, OR | 177,520 | 117 | 1.0x |
| Coos Bay, OR | 15,867 | 104 | 0.9x |
| Newport, OR | 10,393 | 114 | 1.0x |
| North Bend, OR | 10,231 | 108 | 1.0x |
| Veneta, OR | 5,191 | 106 | 0.9x |
