F
30%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
81%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Oatfield Oregon National
Cost of living130111100
Goods & Services106105100
Groceries111109100
Health care110105100
Housing181123100
Transportation126117100
Utilities9696100

An Overview of Cost of Living in Oatfield, OR

Knowing the cost of living in Oatfield 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 Oatfield stands at 130, marking it 30% higher than the national average.

The cost of living in Oatfield is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Oatfield falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs significantly influence the Oatfield 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 81.3%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Oatfield is even less favorable, with grocery prices here being 10.5% higher than the national average.

Is Oatfield Affordable?

Is Oatfield an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Oatfield is 113.4% higher than the national average, while the average monthly rent prices are 6.4% higher than average. The affordability of any location can also be influenced by median income levels. Oatfield has a median household income of $83,800, which is 51.5% higher than the national average.

What Factors can Influence the Cost of Living in Oatfield?

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Oatfield, healthcare costs are 9.6% higher than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Oatfield, the groceries index is 10.5% higher than the national average.

Where is the Data From?

The Oatfield cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Oatfield is 17% higher than the Oregon average
  • The cost of living in Oatfield is 30% higher than the national average
  • Oatfield housing is 81% 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

Most Affordable Places to Live in and Around Oatfield

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Compare Oatfield, OR Cost of Living

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      Salary Calculator

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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$89,441$7,453$2,087$2,683
      Renters$53,158$4,430$1,240$1,595
      To approximate the cost of living and the housing affordability in Oatfield, OR, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Oatfield have a median income of $89,441. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,087 per month to avoid calamity and poverty. The renters in the city have an income of about $53,158, which would make their monthly maximum allowable rental costs $1,240.

      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 Oatfield National avg. Difference
      Haircut $41.22$24.2669.9%
      Beauty Salon $60.58$45.5633.0%
      Toothpaste $3.63$3.702.0%
      Shampoo $1.53$1.2819.5%
      Movie $12.98$12.136.9%
      Bowling $18.31$18.001.7%

      Groceries

      Item Oatfield National avg. Difference
      Ground Beef $6.17$5.845.7%
      Fried Chicken $2.03$1.5728.8%
      Milk $5.04$4.677.9%
      Potatoes $4.39$4.9311.1%
      Pizza $12.21$12.091.0%
      Beer $12.07$10.4115.9%

      Health Care

      Item Oatfield National avg. Difference
      Optometrist $131.94$125.685.0%
      Doctor $188.49$135.7838.8%
      Dentist $115.08$113.291.6%
      Ibuprofen $11.58$10.658.7%
      Lipitor $386.53$468.6017.5%

      Housing

      Item Oatfield National avg. Difference
      Home Price $394,200.00$184,700.00113.4%
      Avg. Mortgage Payment $3,332.86$2,346.6942.0%
      Apartment Rent $1,010.00$949.006.4%

      Transportation

      Item Oatfield National avg. Difference
      Gasoline $4.16$3.4620.3%
      Tire Balancing $84.45$59.9240.9%

      Utilities

      Item Oatfield National avg. Difference
      All Electricity $182.73$193.995.8%
      Phone $190.36$192.251.0%
      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.
      Barlow, OR1851098.6%
      Johnson City, OR5398514.6%
      Donald, OR1,4651098.9%
      Wood Village, OR4,0691099.0%
      Fairview, OR9,38212322.7%
      Oatfield, OR13,58813030.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Iona, FL13,58811211.6%
      Jasper, AL13,584937.1%
      Forest City, FL13,59211212.0%
      Jensen Beach, FL13,5921055.3%
      Olean, NY13,5808118.7%
      Oatfield, OR13,58813030.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.