B+
0%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
7%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Klamath Falls Oregon National
Cost of living100111100
Goods & Services104105100
Groceries107109100
Health care101105100
Housing93123100
Transportation107117100
Utilities9696100

An Overview of Cost of Living in Klamath Falls, OR

Are you thinking about relocating, but curious about the potential cost of living in Klamath Falls? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Klamath Falls stands at 100, making it 0% equal to the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Klamath Falls is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

What Do Locals Say About the Cost of Living in Klamath Falls?

The most insightful perspective on a city comes from its residents. We recently surveyed 12 locals to gauge their perception of the cost of living in Klamath Falls. The feedback revealed that 42% of respondents found the cost of living to be reasonable, with prices on the decline, while 58% regarded it as notably expensive with prices that continue to rise.

Is Klamath Falls Affordable?

Is Klamath Falls an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Klamath Falls is 2.1% lower than the national average, while the average monthly rent prices are 19.3% lower than average. The affordability of any location can also be influenced by median income levels. Klamath Falls has a median household income of $40,783, which is 26.3% lower than the national average.

What Factors can Influence the Cost of Living in Klamath Falls?

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Klamath Falls, the groceries index is 7% higher than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Klamath Falls, the healthcare costs are 0.9% higher than the national average.

Where is the Data From?

The Klamath Falls cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Klamath Falls is 10% lower than the Oregon average
  • The cost of living in Klamath Falls is equal to the national average
  • Klamath Falls housing is 7% lower than the national average
  • Oregon general sales tax is 100% lower than the national average
  • Oregon state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Klamath Falls

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Compare Klamath Falls, OR Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$62,350$5,196$1,455$1,871
      Renters$27,379$2,282$639$821
      To approximate the cost of living and the housing affordability in Klamath Falls, OR, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Klamath Falls have a median income of $62,350. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,455 per month to avoid calamity and poverty. The renters in the city have an income of about $27,379, which would make their monthly maximum allowable rental costs $639.

      Oregon Sales Tax

      State General Sales Tax With Max Surtax
      Oregon 0% 0%

      Oregon Income Tax

      State Income Tax (Low) Income Tax (High)
      Oregon 4.75% 9.9%

      Goods & Services

      Item Klamath Falls National avg. Difference
      Haircut $27.36$24.2612.8%
      Beauty Salon $43.93$45.563.6%
      Toothpaste $3.77$3.701.9%
      Shampoo $1.52$1.2818.4%
      Movie $11.07$12.138.8%
      Bowling $19.22$18.006.8%

      Groceries

      Item Klamath Falls National avg. Difference
      Ground Beef $5.60$5.844.1%
      Fried Chicken $2.03$1.5728.8%
      Milk $4.82$4.673.2%
      Potatoes $4.42$4.9310.5%
      Pizza $12.91$12.096.8%
      Beer $12.06$10.4115.8%

      Health Care

      Item Klamath Falls National avg. Difference
      Optometrist $128.83$125.682.5%
      Doctor $133.80$135.781.5%
      Dentist $129.67$113.2914.5%
      Ibuprofen $11.33$10.656.4%
      Lipitor $359.57$468.6023.3%

      Housing

      Item Klamath Falls National avg. Difference
      Home Price $180,900.00$184,700.002.1%
      Avg. Mortgage Payment $3,144.31$2,346.6934.0%
      Apartment Rent $766.00$949.0019.3%

      Transportation

      Item Klamath Falls National avg. Difference
      Gasoline $4.01$3.4615.9%
      Tire Balancing $50.89$59.9215.1%

      Utilities

      Item Klamath Falls National avg. Difference
      All Electricity $184.23$193.995.0%
      Phone $184.96$192.253.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Merrill, OR697909.5%
      Altamont, OR18,982991.3%
      Klamath Falls, OR21,5091000.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Biddeford, ME21,50211413.9%
      Anniston, AL21,5188712.7%
      Darien, CT21,519247147.2%
      Ramona, CA21,49315554.9%
      Varennes, QC21,490n/a 
      Klamath Falls, OR21,5091000.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.