McMinnville, Oregon Cost Of Living

C

9%

Overall NAT. AVG.

16%

Goods & Services NAT. AVG.

3%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	McMinnville	Oregon	National
Cost of living	109	115	100
Goods & Services	116	116	100
Groceries	108	108	100
Health care	115	115	100
Housing	103	123	100
Transportation	126	126	100
Utilities	90	90	100

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Cost Of Living Quick Facts

The cost of living in McMinnville is 5% lower than the Oregon average
The cost of living in McMinnville is 9% higher than the national average
McMinnville housing is 3% higher than the national average
Oregon general sales tax is 100% lower than the national average
Oregon state income tax is 111% higher than the national average

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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	$62,305	$5,192	$1,454	$1,869
Renters	$32,083	$2,674	$749	$963

A good way to judge both the affordability of the housing and the cost of living in McMinnville 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. McMinnville has a median income of about $62,305 for people who own homes. Based on that number, a maximum of $1,454 should be spent on expenses related to housing. Renters have a slightly different median income, which is $32,083. Based on this average, renters should spend no more than $749 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	McMinnville	National avg.	Difference
Haircut	$36.96	$20.27	82.3%
Beauty Salon	$60.28	$40.39	49.2%
Toothpaste	$2.63	$2.36	11.5%
Shampoo	$1.19	$1.08	10.6%
Movie	$11.14	$10.99	1.4%
Bowling	$18.45	$15.49	19.1%

Groceries

Item	McMinnville	National avg.	Difference
Ground Beef	$3.99	$4.30	7.1%
Fried Chicken	$1.58	$1.40	12.9%
Milk	$2.61	$2.20	18.6%
Potatoes	$2.71	$3.22	15.7%
Pizza	$11.86	$10.74	10.4%
Beer	$10.77	$9.60	12.2%

Health Care

Item	McMinnville	National avg.	Difference
Optometrist	$146.25	$109.73	33.3%
Doctor	$168.67	$118.34	42.5%
Dentist	$101.75	$100.94	0.8%
Ibuprofen	$10.46	$9.93	5.3%
Lipitor	$495.37	$469.53	5.5%

Housing

Item	McMinnville	National avg.	Difference
Home Price	$200,800.00	$184,700.00	8.7%
Avg. Mortgage Payment	$1,953.60	$1,229.62	58.9%
Apartment Rent	$864.00	$949.00	9.0%

Transportation

Item	McMinnville	National avg.	Difference
Gasoline	$3.31	$2.71	22.0%
Tire Balancing	$68.40	$51.86	31.9%

Utilities

Item	McMinnville	National avg.	Difference
All Electricity	$148.23	$170.84	13.2%
Phone	$177.93	$187.18	4.9%

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.
Labish Village, OR	218	93	7.1%
Willamina, OR	1,899	102	1.8%
Brooks, OR	930	102	2.0%
Sheridan, OR	6,054	104	3.6%
Gervais, OR	2,591	105	4.9%
McMinnville, OR	33,724	109	9.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Butte-Silver Bow, MT	33,708	91	8.6%
Leawood, KS	33,763	123	23.2%
Riviera Beach, FL	33,683	102	1.5%
Salisbury, NC	33,674	90	10.2%
Long Beach, NY	33,670	158	58.1%
McMinnville, OR	33,724	109	9.4%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.