Happy Valley, OR Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 142, with 100 being the average.

  • The cost of living index in Happy Valley is 1.4x higher than the national average.

  • Happy Valley ranks as the #94 cheapest in Oregon out of 98.

  • Happy Valley ranks as the #5,646 cheapest out of 6,412 in the US.

  • The median home value in Happy Valley is $559,300.

  • The median income in Happy Valley is $131,980.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
142
Happy Valley's Overall Cost Of Living
1.4x
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 142, which is 1.4x higher than the national index of 100.

Compared to Oregon, Happy Valley has a cost of living index that's 1.2x higher than Oregon's index of 116.

The standard of living in Happy Valley ranks as #94 most affordable out of the 98 places we measured in Oregon. By definition, that implies Happy Valley ranks as the #4 most expensive place in the Beaver State.

For more reading on life in Happy Valley, check out:

94 out of 98
In Oregon
5,646 out of 6,412
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 120.

  • The Groceries index in Happy Valley is 114.

  • The Health index in Happy Valley is 116.

  • The Housing index in Happy Valley is 200.

  • The Transportation index in Happy Valley is 128.

  • The Utilities index in Happy Valley is 89.

Living Expense Happy Valley Oregon National Average
Overall 142 116 100
Services 120 106 100
Groceries 114 107 100
Health 116 103 100
Housing 200 140 100
Transportation 128 117 100
Utilities 89 97 100
For more reading on cost of living around Oregon, check out:
Happy Valley Cost of Living Vs. OR

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 2017-2021. The key points are:

  • The Median Home Value in Happy Valley is $559,300.

  • The Median Rent in Happy Valley is $1,807.

  • The Median Income in Happy Valley is $131,980.

  • The Home Value To Income in Happy Valley is 4.2x.

  • The Rent To Monthly Income in Happy Valley is 0.16x.

Statistic Happy Valley Oregon United States
Median Home Value $559,300 $362,200 $244,900
Median Rent $1,807 $1,250 $1,163
Median Income $131,980 $70,084 $69,021
Home Value To Income 4.2x 5.2x 3.5x
Rent To Monthly Income 0.16x 0.21x 0.2x
Search Homes For Sale In Happy Valley, OR
$559,300
Median Home Value
$1,807
Median Rent
$131,980
Median Income

Happy Valley, OR Costs By Category

Detailed Happy Valley Services Costs Vs. Oregon

Item Happy Valley Oregon
Shampoo $1.23 $1.06
Movie $11.1 $10.68
Bowling $19.95 $14.67
Haircut $33.67 $18.62
Beauty Salon $56.44 $39.05

Detailed Happy Valley Groceries Costs Vs. Oregon

Item Happy Valley Oregon
Ground Beef $4.74 $4.22
Fried Chicken $1.58 $1.39
Milk $2.12 $2.05
Potatoes $2.34 $3.29
Pizza $11.99 $10.62
Beer $11.24 $9.38
Toothpaste $2.65 $2.34

Detailed Happy Valley Health Costs Vs. Oregon

Item Happy Valley Oregon
Optometrist $146.25 $108.57
Doctor $168.67 $116.17
Dentist $101.75 $99.13

Detailed Happy Valley Transportation Costs Vs. Oregon

Item Happy Valley Oregon
Gasoline $2.78 $2.22
Tire Balancing $68.4 $50.07

Detailed Happy Valley Utilities Costs Vs. Oregon

Item Happy Valley Oregon
All Electricity $143.85 $167.67
Phone $170.53 $175.64

Happy Valley SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9.5
Affordability
7
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
9
Commute
5

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 116, 0.8x Happy Valley.

  • Gresham, OR has a cost of living index of 115, 0.8x Happy Valley.

  • Lake Oswego, OR has a cost of living index of 153, 1.1x Happy Valley.

City Population Cost Of Living Vs. Happy Valley
Vancouver, WA 188,331 116 0.8x
Gresham, OR 114,164 115 0.8x
Lake Oswego, OR 40,390 153 1.1x
Orchards, WA 28,371 114 0.8x
West Linn, OR 27,173 140 1.0x
Camas, WA 25,774 130 0.9x
Hazel Dell, WA 21,650 116 0.8x
Milwaukie, OR 21,108 116 0.8x
Five Corners, WA 20,428 114 0.8x
Oak Grove, OR 17,382 124 0.9x

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