Cost Of Living in Wood Village, OR

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	Wood Village	Oregon	National
Cost of living	109	111	100
Goods & Services	106	105	100
Groceries	111	109	100
Health care	110	105	100
Housing	110	123	100
Transportation	126	117	100
Utilities	96	96	100

New Real Estate Listings in Wood Village Area

For Sale For Rent

Search

Search Homes for Sale in Wood Village, OR

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Wood Village is 2% lower than the Oregon average
The cost of living in Wood Village is 9% higher than the national average
Wood Village housing is 10% higher 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 Wood Village

See all the best places to live around Wood Village

Compare Wood Village, OR Cost of Living

Write a review to give others more information about this area.

See all Wood Village poll results

The best places in Oregon

Here are the best places to live in Oregon

Most Dangerous States In The US

Check out the 10 safest cities in Oregon

Check out the 10 most dangerous cities in Oregon

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	$58,549	$4,879	$1,366	$1,757
Renters	$44,899	$3,742	$1,048	$1,347

A good way to judge both the affordability of the housing and the cost of living in Wood Village is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Wood Village has a median income of about $58,549 for people who own homes. Based on that number, a maximum of $1,366 should be spent on expenses related to housing. Renters have a slightly different median income, which is $44,899. Based on this average, renters should spend no more than $1,048 on all rental costs if they want to maintain a non-impoverished standard of living.

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	Wood Village	National avg.	Difference
Haircut	$41.22	$24.26	69.9%
Beauty Salon	$60.58	$45.56	33.0%
Toothpaste	$3.63	$3.70	2.0%
Shampoo	$1.53	$1.28	19.5%
Movie	$12.98	$12.13	6.9%
Bowling	$18.31	$18.00	1.7%

Groceries

Item	Wood Village	National avg.	Difference
Ground Beef	$6.17	$5.84	5.7%
Fried Chicken	$2.03	$1.57	28.8%
Milk	$5.04	$4.67	7.9%
Potatoes	$4.39	$4.93	11.1%
Pizza	$12.21	$12.09	1.0%
Beer	$12.07	$10.41	15.9%

Health Care

Item	Wood Village	National avg.	Difference
Optometrist	$131.94	$125.68	5.0%
Doctor	$188.49	$135.78	38.8%
Dentist	$115.08	$113.29	1.6%
Ibuprofen	$11.58	$10.65	8.7%
Lipitor	$386.53	$468.60	17.5%

Housing

Item	Wood Village	National avg.	Difference
Home Price	$188,100.00	$184,700.00	1.8%
Avg. Mortgage Payment	$3,332.86	$2,346.69	42.0%
Apartment Rent	$1,215.00	$949.00	28.0%

Transportation

Item	Wood Village	National avg.	Difference
Gasoline	$4.16	$3.46	20.3%
Tire Balancing	$84.45	$59.92	40.9%

Utilities

Item	Wood Village	National avg.	Difference
All Electricity	$182.73	$193.99	5.8%
Phone	$190.36	$192.25	1.0%

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.
Johnson City, OR	539	85	14.6%
Walnut Grove, WA	9,324	113	13.0%
Fairview, OR	9,382	123	22.7%
Hazel Dell, WA	21,830	123	23.3%
Gresham, OR	110,456	124	23.9%
Wood Village, OR	4,069	109	9.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hazlehurst, GA	4,069	82	17.5%
Brittany Farms-The Highlands, PA	4,069	122	21.8%
Baie-D'Urfé, QC	4,068	n/a
Pupukea, HI	4,070	245	145.3%
Fayetteville, NY	4,067	105	5.0%
Wood Village, OR	4,069	109	9.0%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Wood Village, OR