| Index | Springfield | Oregon | National |
| Cost of living | 109 | 111 | 100 |
| Groceries | 102 | 104 | 100 |
| Health care | 107 | 105 | 100 |
| Housing | 115 | 124 | 100 |
| Transportation | 108 | 106 | 100 |
| Utilities | 104 | 106 | 100 |
| Lifestyle & Entertainment | 106 | 107 | 100 |
| Household Items | 106 | 104 | 100 |
| Education & Childcare | 109 | 109 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Springfield? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Springfield stands at 109, making it 9% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Springfield aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Springfield residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
The most insightful perspective on a city comes from its residents. We recently surveyed 6 locals to gauge their perception of the cost of living in Springfield. The feedback revealed that 33% of respondents found the cost of living to be reasonable, with prices on the decline, while 67% regarded it as notably expensive with prices that continue to rise.
Is Springfield 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 Springfield, the median home price is 22.1% higher than the national average and monthly rent prices are 0.3% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Springfield boasting a median household income of $74,379, 8.6% lower 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 Springfield, the groceries index is 2.4% higher than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Springfield, the transportation index is 7.9% higher than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Springfield, healthcare costs are 7.3% higher than the national average.
The Springfield cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $96,282 | $8,024 | $2,246 | $2,889 |
| Renters | $55,128 | $4,594 | $1,286 | $1,654 |
| 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. |
| Lowell, OR | 1,049 | 104 | 4.4% |
| Junction City, OR | 6,305 | 111 | 10.6% |
| Creswell, OR | 5,632 | 112 | 11.9% |
| Eugene, OR | 176,249 | 119 | 19.3% |
| Coburg, OR | 1,424 | 122 | 22.3% |
| Springfield, OR | 64,872 | 109 | 8.7% |
| City | Population | Cost of Living Index | National Avg. |
| Encinitas, CA | 64,861 | 215 | 115.0% |
| West Hartford, CT | 64,994 | 127 | 27.3% |
| Skokie, IL | 65,008 | 120 | 19.6% |
| Doral, FL | 64,546 | 141 | 41.5% |
| Coon Rapids, MN | 65,205 | 106 | 5.7% |
| Springfield, OR | 64,872 | 109 | 8.7% |
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