Cornelius cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCorneliusOregonNational
Cost of living index108112100
IndexCorneliusOregonNational
Goods & Services index120111100
Groceries index117107100
Health care index110105100
Housing index101122100
Transportation index108114100
Utilities index7891100
A general overview of the cost of living index for Cornelius, OR is displayed above. In Cornelius, OR, the overall cost of living index is 108, which is 3% lower than the Oregon average and 8% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Cornelius, OR, the city's goods and services are 8% higher than the Oregon average and 20% higher than the U.S. average.

Did you know?

  • The cost of living in Cornelius is 3% lower than the Oregon average.
  • The cost of living in Cornelius is 8% higher than the national average.
  • The cost of housing in Cornelius is 1% higher than the national average.
  • Oregon general sales tax is 100% lower than the national average.
  • Oregon state income tax is 125% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Cornelius, OR to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Cornelius, OR, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Cornelius, OR salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,148$4,929$1,380$1,775
Renters$35,450$2,954$827$1,064
If you want to find a good determining factor for the cost of living and the general affordability of housing in Cornelius, OR, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Cornelius, OR, the median monthly income is $59,148 for those who own their own homes. Under the standard rule, that income level would allow for $1,380 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $35,450, per the median income in the area. That would allow for renters to spend up to $827 on monthly rental expenses.

Oregon Sales Tax

StateGeneral Sales TaxWith Max Surtax
Oregon0%0%

Oregon Income Tax

StateIncome Tax (Low)Income Tax (High)
Oregon5%9.9%
The Oregon sales tax and Oregon income tax rates should definitely be considered when determining the overall cost of living in Cornelius, OR. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Oregon sales tax is 0% and the maximum surtax is 0%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Oregon income tax rates range from 5% to 9.9%.

Goods & Services

ItemCorneliusNational avg.Difference
Haircut $25.26$15.5662.3%
Beauty Salon $54.47$36.1150.9%
Toothpaste $3.91$2.4758.1%
Shampoo $1.08$0.9611.6%
Movie $10.56$10.134.3%
Bowling $4.31$4.749.1%

Groceries

ItemCorneliusNational avg.Difference
Ground Beef $5.36$3.9834.4%
Fried Chicken $1.66$1.4118.2%
Milk $2.18$2.065.5%
Potatoes $2.10$2.9829.7%
Pizza $10.33$9.479.0%
Beer $9.67$8.7910.0%

Health Care

ItemCorneliusNational avg.Difference
Optometrist $122.67$101.0421.4%
Doctor $121.58$107.4413.2%
Dentist $102.13$90.4213.0%
Ibuprofen $10.28$9.2810.8%
Lipitor $403.09$426.505.5%

Housing

ItemCorneliusNational avg.Difference
Home Price $179,500.00$175,700.002.2%
Avg. Mortgage Payment $1,625.94$1,133.2343.5%
Apartment Rent $897.00$920.002.5%

Transportation

ItemCorneliusNational avg.Difference
Gasoline $2.58$1.9929.6%
Tire Balancing $26.80$45.7641.4%

Utilities

ItemCorneliusNational avg.Difference
All Electricity$145.06$163.8111.4%
Phone $18.23$28.3935.8%
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, StatePopulationCost of Living IndexNational Avg.
King City, OR3,3511088%
Gaston, OR7031099%
Newberg, OR22,45111212%
Forest Grove, OR22,07011212%
North Plains, OR1,86811313%
Cornelius, OR12,0681088%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fort Mill, SC12,068100-0%
Brown Deer, WI12,06797-3%
Bogalusa, LA12,07182-18%
Cloquet, MN12,06494-6%
Leeds, AL12,06388-12%
Cornelius, OR12,0681088%
Source: The Cornelius, OR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.