Happy Valley, OR Cost Of Living
Cost Of Living In Happy Valley, OR Summary
Cost of living in Happy Valley 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 Happy Valley 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 Happy Valley is 150, with 100 being the average.
The cost of living index in Happy Valley is 1.5x higher than the national average.
Happy Valley ranks as the #93 cheapest in Oregon out of 99.
Happy Valley ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Happy Valley is $685,525.
The median income in Happy Valley is $120,324.
Table Of Contents
Happy Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Happy Valley, OR?
According to the most recent data on the cost of living, Happy Valley has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to Oregon, Happy Valley has a cost of living index that's 1.3x higher than Oregon's index of 112.
The standard of living in Happy Valley ranks as #93 most affordable out of the 99 places we measured in Oregon. By definition, that implies Happy Valley ranks as the #6 most expensive place in the Beaver State.
For more reading on life in Happy Valley, check out:
In Oregon
In America
Happy Valley Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Happy Valley. Here is how it fairs on each of the criteria:
The Services index in Happy Valley is 107.
The Groceries index in Happy Valley is 112.
The Health index in Happy Valley is 108.
The Housing index in Happy Valley is 254.
The Transportation index in Happy Valley is 127.
The Utilities index in Happy Valley is 97.
| Living Expense | Happy Valley | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 150 | 112 | 100 | |
| Services | 107 | 107 | 100 | |
| Groceries | 112 | 107 | 100 | |
| Health | 108 | 104 | 100 | |
| Housing | 254 | 124 | 100 | |
| Transportation | 127 | 116 | 100 | |
| Utilities | 97 | 97 | 100 | |
Happy Valley, 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 Happy Valley is $685,525.
The Median Rent in Happy Valley is $2,025.
The Median Income in Happy Valley is $120,324.
The Home Value To Income in Happy Valley is 5.7x.
The Rent To Monthly Income in Happy Valley is 0.2x.
| Statistic | Happy Valley | Oregon | United States |
|---|---|---|---|
| Median Home Value | $685,525 | $496,180 | $303,400 |
| Median Rent | $2,025 | $1,450 | $1,348 |
| Median Income | $120,324 | $80,426 | $78,538 |
| Home Value To Income | 5.7x | 6.2x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Happy Valley, OR Costs By Category
Detailed Happy Valley Services Costs Vs. Oregon
| Item | Happy Valley | Oregon |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $12.98 | $12.13 |
| Bowling | $18.31 | $18 |
| Haircut | $41.22 | $24.26 |
| Beauty Salon | $60.58 | $45.56 |
Detailed Happy Valley Groceries Costs Vs. Oregon
| Item | Happy Valley | Oregon |
|---|---|---|
| Ground Beef | $6.17 | $5.84 |
| Fried Chicken | $2.03 | $1.57 |
| Milk | $5.04 | $4.67 |
| Potatoes | $4.39 | $4.93 |
| Pizza | $12.21 | $12.09 |
| Beer | $12.07 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Happy Valley Health Costs Vs. Oregon
| Item | Happy Valley | Oregon |
|---|---|---|
| Optometrist | $131.94 | $125.68 |
| Doctor | $188.49 | $135.78 |
| Dentist | $115.08 | $113.29 |
Detailed Happy Valley Transportation Costs Vs. Oregon
| Item | Happy Valley | Oregon |
|---|---|---|
| Gasoline | $4.16 | $3.46 |
| Tire Balancing | $84.45 | $59.92 |
Detailed Happy Valley Utilities Costs Vs. Oregon
| Item | Happy Valley | Oregon |
|---|---|---|
| All Electricity | $182.73 | $193.99 |
| Phone | $190.36 | $192.25 |
Happy Valley SnackAbility
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Cost Of Living In Cities Around Happy Valley
The cost of living varies in the cities and towns around Happy Valley. 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 122, 0.8x Happy Valley.
Gresham, OR has a cost of living index of 125, 0.8x Happy Valley.
Lake Oswego, OR has a cost of living index of 166, 1.1x Happy Valley.
| City | Population | Cost Of Living | Vs. Happy Valley |
|---|---|---|---|
| Vancouver, WA | 192,696 | 122 | 0.8x |
| Gresham, OR | 112,818 | 125 | 0.8x |
| Lake Oswego, OR | 40,367 | 166 | 1.1x |
| Orchards, WA | 29,716 | 123 | 0.8x |
| West Linn, OR | 27,065 | 152 | 1.0x |
| Camas, WA | 26,779 | 142 | 0.9x |
| Hazel Dell, WA | 23,086 | 124 | 0.8x |
| Five Corners, WA | 21,444 | 123 | 0.8x |
| Milwaukie, OR | 21,256 | 127 | 0.8x |
| Oak Grove, OR | 17,408 | 128 | 0.9x |
