Silverton, OR Cost Of Living

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

Cost Of Living In Silverton, OR Summary

Cost of living in Silverton 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 Silverton 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 Silverton is 116, with 100 being the average.

  • The cost of living index in Silverton is 1.2x higher than the national average.

  • Silverton ranks as the #63 cheapest in Oregon out of 98.

  • Silverton ranks as the #4,558 cheapest out of 6,412 in the US.

  • The median home value in Silverton is $344,000.

  • The median income in Silverton is $69,612.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
116
Silverton's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Silverton, OR?

According to the most recent data on the cost of living, Silverton has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.

Compared to Oregon, Silverton has a cost of living index that's 1.0x lower than Oregon's index of 116.

The standard of living in Silverton ranks as #63 most affordable out of the 98 places we measured in Oregon. By definition, that implies Silverton ranks as the #35 most expensive place in the Beaver State.

For more reading on life in Silverton, check out:

63 out of 98
In Oregon
4,558 out of 6,412
In America

Silverton Cost Of Living Vs. Oregon

Six factors go into calculating the cost of living index in Silverton. Here is how it fairs on each of the criteria:

  • The Services index in Silverton is 121.

  • The Groceries index in Silverton is 113.

  • The Health index in Silverton is 116.

  • The Housing index in Silverton is 117.

  • The Transportation index in Silverton is 128.

  • The Utilities index in Silverton is 89.

Living Expense Silverton Oregon National Average
Overall 116 116 100
Services 121 106 100
Groceries 113 107 100
Health 116 103 100
Housing 117 140 100
Transportation 128 117 100
Utilities 89 97 100
For more reading on cost of living around Oregon, check out:
Silverton Cost of Living Vs. OR

Silverton, 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 Silverton is $344,000.

  • The Median Rent in Silverton is $1,202.

  • The Median Income in Silverton is $69,612.

  • The Home Value To Income in Silverton is 4.9x.

  • The Rent To Monthly Income in Silverton is 0.21x.

Statistic Silverton Oregon United States
Median Home Value $344,000 $362,200 $244,900
Median Rent $1,202 $1,250 $1,163
Median Income $69,612 $70,084 $69,021
Home Value To Income 4.9x 5.2x 3.5x
Rent To Monthly Income 0.21x 0.21x 0.2x
Search Homes For Sale In Silverton, OR
$344,000
Median Home Value
$1,202
Median Rent
$69,612
Median Income

Silverton, OR Costs By Category

Detailed Silverton Services Costs Vs. Oregon

Item Silverton 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 Silverton Groceries Costs Vs. Oregon

Item Silverton 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 Silverton Health Costs Vs. Oregon

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

Detailed Silverton Transportation Costs Vs. Oregon

Item Silverton Oregon
Gasoline $2.78 $2.22
Tire Balancing $68.4 $50.07

Detailed Silverton Utilities Costs Vs. Oregon

Item Silverton Oregon
All Electricity $143.85 $167.67
Phone $170.53 $175.64

Silverton SnackAbility

8.5
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
6
Diversity
6
Safety
7
Amenities
8.5
Education
8
Commute
5

Cost Of Living In Cities Around Silverton

The cost of living varies in the cities and towns around Silverton. 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 112, 1.0x Silverton.

  • Keizer, OR has a cost of living index of 114, 1.0x Silverton.

  • Woodburn, OR has a cost of living index of 107, 0.9x Silverton.

City Population Cost Of Living Vs. Silverton
Salem, OR 174,193 112 1.0x
Keizer, OR 39,119 114 1.0x
Woodburn, OR 25,877 107 0.9x
Hayesville, OR 21,887 104 0.9x
Canby, OR 18,078 119 1.0x
Four Corners, OR 16,608 107 0.9x
Molalla, OR 10,060 115 1.0x
Stayton, OR 8,199 112 1.0x

Articles About Oregon

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