Looking for a fresh start in a new Milwaukie neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Milwaukie for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 1,060
-7%
Cost of Living Index 116 vs 125
7% lower than Milwaukie
Population 2,315
-2%
Cost of Living Index 123 vs 125
2% lower than Milwaukie
Population 479
-1%
Cost of Living Index 123 vs 125
1% lower than Milwaukie
Population 1,426
0%
Cost of Living Index 124 vs 125
equal to Milwaukie
Population 4,059
0%
Cost of Living Index 125 vs 125
equal to Milwaukie
Population 4,312
0%
Cost of Living Index 125 vs 125
equal to Milwaukie
Population 3,774
1%
Cost of Living Index 126 vs 125
1% higher than Milwaukie
Population 2,968
4%
Cost of Living Index 129 vs 125
4% higher than Milwaukie
Population 1,377
8%
Cost of Living Index 135 vs 125
8% higher than Milwaukie
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