Cost of living in Newberg 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 Newberg 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 Newberg is 129, with 100 being the average.
The cost of living index in Newberg is 1.3x higher than the national average.
Newberg ranks as the #72 cheapest in Oregon out of 99.
Newberg ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Newberg is $528,392.
The median income in Newberg is $91,389.
According to the most recent data on the cost of living, Newberg has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Oregon, Newberg has a cost of living index that's 1.2x higher than Oregon's index of 112.
The standard of living in Newberg ranks as #72 most affordable out of the 99 places we measured in Oregon. By definition, that implies Newberg ranks as the #27 most expensive place in the Beaver State.
For more reading on life in Newberg, check out:
Six factors go into calculating the cost of living index in Newberg. Here is how it fairs on each of the criteria:
The Services index in Newberg is 104.
The Groceries index in Newberg is 113.
The Health index in Newberg is 111.
The Housing index in Newberg is 172.
The Transportation index in Newberg is 125.
The Utilities index in Newberg is 97.
| Living Expense | Newberg | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 129 | 112 | 100 | |
| Services | 104 | 107 | 100 | |
| Groceries | 113 | 107 | 100 | |
| Health | 111 | 104 | 100 | |
| Housing | 172 | 124 | 100 | |
| Transportation | 125 | 116 | 100 | |
| Utilities | 97 | 97 | 100 | |
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 Newberg is $528,392.
The Median Rent in Newberg is $1,562.
The Median Income in Newberg is $91,389.
The Home Value To Income in Newberg is 5.8x.
The Rent To Monthly Income in Newberg is 0.21x.
The cost of living varies in the cities and towns around Newberg. Here's a quick look at the cost of living in the most populous nearby places:
Tigard, OR has a cost of living index of 139, 1.1x Newberg.
Aloha, OR has a cost of living index of 129, 1.0x Newberg.
Lake Oswego, OR has a cost of living index of 166, 1.3x Newberg.
| City | Population | Cost Of Living | Vs. Newberg |
|---|---|---|---|
| Tigard, OR | 55,395 | 139 | 1.1x |
| Aloha, OR | 53,362 | 129 | 1.0x |
| Lake Oswego, OR | 40,367 | 166 | 1.3x |
| Bethany, OR | 31,700 | 158 | 1.2x |
| West Linn, OR | 27,065 | 152 | 1.2x |
| Wilsonville, OR | 26,183 | 139 | 1.1x |
| Sherwood, OR | 20,227 | 138 | 1.1x |
| Oatfield, OR | 12,709 | 130 | 1.0x |
| Oak Hills, OR | 11,464 | 143 | 1.1x |
| Oregon, WI | 11,384 | 116 | 0.9x |