Cost of living in Gladstone 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 Gladstone 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 Gladstone is 115, with 100 being the average.
The cost of living index in Gladstone is 1.1x higher than the national average.
Gladstone ranks as the #58 cheapest in Oregon out of 98.
Gladstone ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Gladstone is $365,100.
The median income in Gladstone is $83,214.
According to the most recent data on the cost of living, Gladstone has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Oregon, Gladstone has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Gladstone ranks as #58 most affordable out of the 98 places we measured in Oregon. By definition, that implies Gladstone ranks as the #40 most expensive place in the Beaver State.
For more reading on life in Gladstone, check out:
Six factors go into calculating the cost of living index in Gladstone. Here is how it fairs on each of the criteria:
The Services index in Gladstone is 122.
The Groceries index in Gladstone is 111.
The Health index in Gladstone is 115.
The Housing index in Gladstone is 122.
The Transportation index in Gladstone is 129.
The Utilities index in Gladstone is 89.
|Living Expense||Gladstone||Oregon||National Average|
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 Gladstone is $365,100.
The Median Rent in Gladstone is $1,479.
The Median Income in Gladstone is $83,214.
The Home Value To Income in Gladstone is 4.4x.
The Rent To Monthly Income in Gladstone is 0.21x.
|Median Home Value||$365,100||$362,200||$244,900|
|Home Value To Income||4.4x||5.2x||3.5x|
|Rent To Monthly Income||0.21x||0.21x||0.2x|
The cost of living varies in the cities and towns around Gladstone. Here's a quick look at the cost of living in the most populous nearby places:
Vancouver, WA has a cost of living index of 116, 1.0x Gladstone.
Lake Oswego, OR has a cost of living index of 153, 1.3x Gladstone.
Bethany, OR has a cost of living index of 145, 1.3x Gladstone.
|City||Population||Cost Of Living||Vs. Gladstone|
|Lake Oswego, OR||40,390||153||1.3x|
|West Linn, OR||27,173||140||1.2x|
|Happy Valley, OR||23,442||142||1.2x|
|Oak Grove, OR||17,382||124||1.1x|