What is the cost of living in Monmouth, OR?
According to the most recent data on the cost of living, Monmouth has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Oregon, Monmouth has a cost of living index that's 1.1x higher than Oregon's index of 109.
The standard of living in Monmouth ranks as #42 most affordable out of the 100 places we measured in Oregon. By definition, that implies Monmouth ranks as the #58 most expensive place in the Beaver State.
For more reading on life in Monmouth, check out:
Monmouth Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Monmouth. Here is how it fares on each of the criteria:
The Services index in Monmouth is 107.
The Groceries index in Monmouth is 108.
The Health index in Monmouth is 131.
The Housing index in Monmouth is 106.
The Transportation index in Monmouth is 111.
The Utilities index in Monmouth is 105.
| Living Expense | Monmouth | Oregon | National Average |
|---|---|---|---|
| Overall | 116 | 109 | 100 |
| Services | 107 | 104 | 100 |
| Groceries | 108 | 106 | 100 |
| Health | 131 | 125 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 111 | 106 | 100 |
| Utilities | 105 | 105 | 100 |
Monmouth 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 Monmouth Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Monmouth, 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 Monmouth is $473,961.
The Median Rent in Monmouth is $1,114.
The Median Income in Monmouth is $69,170.
The Home Value To Income in Monmouth is 6.9x.
The Rent To Monthly Income in Monmouth is 0.19x.
Monmouth, OR Costs By Category
Detailed Monmouth Services costs vs. Oregon
Detailed Monmouth Groceries costs vs. Oregon
Detailed Monmouth Health costs vs. Oregon
Detailed Monmouth Transportation costs vs. Oregon
Monmouth SnackAbility
Cost Of Living In Cities Around Monmouth
The cost of living varies in the cities and towns around Monmouth. Here's a quick look at the cost of living in the most populous nearby places:
Salem, OR has a cost of living index of 116, 1.0x Monmouth.
Corvallis, OR has a cost of living index of 128, 1.1x Monmouth.
Albany, OR has a cost of living index of 112, 1.0x Monmouth.
| City | Population | Cost Of Living | Vs. Monmouth |
|---|---|---|---|
| Salem, OR | 178,865 | 116 | 1.0x |
| Corvallis, OR | 59,960 | 128 | 1.1x |
| Albany, OR | 56,839 | 112 | 1.0x |
| Keizer, OR | 39,082 | 118 | 1.0x |
| Hayesville, OR | 21,246 | 109 | 0.9x |
| Dallas, OR | 17,531 | 111 | 1.0x |
| Four Corners, OR | 16,275 | 108 | 0.9x |
| Independence, OR | 10,199 | 111 | 1.0x |
| Sheridan, OR | 6,339 | 107 | 0.9x |
