Cost of Living in Jefferson, OR
Housing
The housing market plays a significant role in determining the cost of living in Jefferson, OR.
- Housing Index: 116.2 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1757 per month
- Average Rent (2 BR House): $1910 per month
In Jefferson, OR, the housing index is 0.0, which indicates a significant amount of available housing options or a potential market slowdown. The median home price is set at 300000, making home ownership more accessible compared to other markets. However, it’s important to note that the average rent for both 2-bedroom apartments and houses stands at 0.0, suggesting limited rental availability or outdated data. Moving to Jefferson could provide a favorable opportunity for buyers, given the affordability of home prices, but prospective renters may need to explore further options. Always consider future growth and economic factors when making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jefferson, OR.
- Electricity Price: $15.12 USD (median by state)
- Natural Gas Price: $16.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $248 per month
Living in Jefferson, OR could entail higher utility costs. Electricity costs sit at $15.12, while natural gas is priced at $16.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $248 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Jefferson is a financially viable option for your relocation.