| Index | Canby | Oregon | National |
| Cost of living | 126 | 111 | 100 |
| Groceries | 104 | 104 | 100 |
| Health care | 103 | 105 | 100 |
| Housing | 175 | 124 | 100 |
| Transportation | 106 | 106 | 100 |
| Utilities | 102 | 106 | 100 |
| Lifestyle & Entertainment | 106 | 107 | 100 |
| Household Items | 104 | 104 | 100 |
| Education & Childcare | 109 | 109 | 100 |
Knowing the cost of living in Canby allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Canby stands at 126, marking it 26% higher than the national average.
If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Canby is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Canby falls into this category, which may not align with your goal of finding a budget-friendly living environment.
Housing costs significantly influence the Canby cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 75.2%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.
Is Canby affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Canby, the median home price is 98.3% higher than the national average and monthly rent prices are 21.4% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Canby boasting a median household income of $111,608, 37.2% higher than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Canby, the utilities index stands at 2.2% higher than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Canby, the groceries index registers 4.4% higher than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Canby, the transportation index stands at 5.9% higher than the national average.
The Canby cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Groceries index | |
| Health care index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $138,196 | $11,516 | $3,224 | $4,146 |
| Renters | $74,702 | $6,225 | $1,743 | $2,241 |
| State | General Sales Tax | With Max Surtax |
| Oregon | 0% | 0% |
| State | Income Tax (Low) | Income Tax (High) |
| Oregon | 4.75% | 9.9% |
| City | Population | Cost of Living Index | National Avg. |
| Barlow, OR | 189 | 105 | 4.7% |
| Johnson City, OR | 554 | 83 | 17.4% |
| Brooks, OR | 638 | 104 | 4.4% |
| Donald, OR | 1,499 | 106 | 5.8% |
| Woodburn, OR | 26,769 | 111 | 11.5% |
| Canby, OR | 18,522 | 126 | 25.9% |
| City | Population | Cost of Living Index | National Avg. |
| Sheridan, WY | 18,519 | 105 | 4.5% |
| Russell, ON | 18,518 | n/a | |
| Avon, IN | 18,517 | 104 | 3.8% |
| Westerly, RI | 18,517 | 121 | 20.6% |
| Dover, NJ | 18,528 | 121 | 21.0% |
| Canby, OR | 18,522 | 126 | 25.9% |
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