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 153, which is 1.5x higher than the national index of 100.
Compared to Oregon, Happy Valley has a cost of living index that's 1.4x higher than Oregon's index of 109.
The standard of living in Happy Valley ranks as #95 most affordable out of the 100 places we measured in Oregon. By definition, that implies Happy Valley ranks as the #5 most expensive place in the Beaver State.
For more reading on life in Happy Valley, check out:
Happy Valley Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Happy Valley. Here is how it fares on each of the criteria:
The Services index in Happy Valley is 103.
The Groceries index in Happy Valley is 108.
The Health index in Happy Valley is 259.
The Housing index in Happy Valley is 110.
The Transportation index in Happy Valley is 111.
The Utilities index in Happy Valley is 107.
| Living Expense | Happy Valley | Oregon | National Average |
|---|---|---|---|
| Overall | 153 | 109 | 100 |
| Services | 103 | 104 | 100 |
| Groceries | 108 | 106 | 100 |
| Health | 259 | 125 | 100 |
| Housing | 110 | 104 | 100 |
| Transportation | 111 | 106 | 100 |
| Utilities | 107 | 105 | 100 |
Happy Valley Cost Of Living Compared To Oregon Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Oregon, check out:
Protect your home budget Compare home warranties in Happy Valley Get matched →Source: Cost-of-living index 2026, normalized to US average = 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 2020-2024. The key points are:
The Median Home Value in Happy Valley is $681,241.
The Median Rent in Happy Valley is $2,029.
The Median Income in Happy Valley is $122,151.
The Home Value To Income in Happy Valley is 5.6x.
The Rent To Monthly Income in Happy Valley is 0.2x.
| Statistic | Happy Valley | Oregon | United States |
|---|---|---|---|
| Median Home Value | $681,241 | $499,003 | $332,700 |
| Median Rent | $2,029 | $1,525 | $1,413 |
| Median Income | $122,151 | $83,011 | $80,734 |
| Home Value To Income | 5.6x | 6.0x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.21x |
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
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 128, 0.8x Happy Valley.
Gresham, OR has a cost of living index of 126, 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 | 195,300 | 128 | 0.8x |
| Gresham, OR | 112,378 | 126 | 0.8x |
| Lake Oswego, OR | 40,381 | 166 | 1.1x |
| Orchards, WA | 29,438 | 128 | 0.8x |
| Camas, WA | 27,007 | 140 | 0.9x |
| West Linn, OR | 26,935 | 153 | 1.0x |
| Hazel Dell, WA | 23,237 | 123 | 0.8x |
| Milwaukie, OR | 21,392 | 124 | 0.8x |
| Five Corners, WA | 21,194 | 127 | 0.8x |
| Washougal, WA | 17,490 | 127 | 0.8x |
