Cost of living in Veneta 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 Veneta 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 Veneta is 108, with 100 being the average.
The cost of living index in Veneta is 1.1x higher than the national average.
Veneta ranks as the #29 cheapest in Oregon out of 98.
Veneta ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Veneta is $248,600.
The median income in Veneta is $53,885.
According to the most recent data on the cost of living, Veneta has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Oregon, Veneta has a cost of living index that's 0.9x lower than Oregon's index of 116.
The standard of living in Veneta ranks as #29 most affordable out of the 98 places we measured in Oregon. By definition, that implies Veneta ranks as the #69 most expensive place in the Beaver State.
For more reading on life in Veneta, check out:
Six factors go into calculating the cost of living index in Veneta. Here is how it fairs on each of the criteria:
The Services index in Veneta is 121.
The Groceries index in Veneta is 114.
The Health index in Veneta is 117.
The Housing index in Veneta is 93.
The Transportation index in Veneta is 131.
The Utilities index in Veneta is 88.
|Living Expense||Veneta||Oregon||National Average|
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 Veneta is $248,600.
The Median Rent in Veneta is $1,070.
The Median Income in Veneta is $53,885.
The Home Value To Income in Veneta is 4.6x.
The Rent To Monthly Income in Veneta is 0.24x.
|Median Home Value||$248,600||$362,200||$244,900|
|Home Value To Income||4.6x||5.2x||3.5x|
|Rent To Monthly Income||0.24x||0.21x||0.2x|
The cost of living varies in the cities and towns around Veneta. Here's a quick look at the cost of living in the most populous nearby places:
Eugene, OR has a cost of living index of 118, 1.1x Veneta.
Springfield, OR has a cost of living index of 106, 1.0x Veneta.
Corvallis, OR has a cost of living index of 123, 1.1x Veneta.
|City||Population||Cost Of Living||Vs. Veneta|
|Cottage Grove, OR||10,569||108||1.0x|
|Sweet Home, OR||9,716||104||1.0x|