Cost of Living in Altamont, OR

Population 19,844 · Oregon · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Altamont sits on the smaller end of the Oregon city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 7.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 130 miles south of Bend, Altamont is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 66% lower than Bend's $647,000.

Cost Overview

Housing 73
Rent 76

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Altamont

The median home value in Altamont is $222,600 — 27% below the national median of $305,000. Median rent runs $998/month, 24% lower than the national median of $1,314/month. The median household income of $56,236/year is 25% lower than the US median of $74,580. The local unemployment rate is 7.8%, above the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 62.0°F and lows of 32.3°F. Overall, Altamont has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$222,600
27% below avg
Median Rent
$998/mo
24% below avg
Price-to-Rent Ratio
18.6x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$903
1 BR
$1,003
2 BR
$1,252
3 BR
$1,754
4 BR
$2,023
Owner-occupied 68.8%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$998
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,612/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
15.9 min
41% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
82.2%
Carpooled
7.4%
Public transit
0.3%
Walked
0.8%
Bicycle
0.5%
Work from home
8.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.9%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$56,236
25% below avg
Per Capita Income
$28,379
Unemployment Rate
7.8%
62% above avg
Poverty Rate
19.8%
Labor Force Participation
51.8%

🎓 Education

Bachelor's degree+ 13.3%
Graduate degree 6.4%

👥 Demographics

Median Age 36.5
Male median age 35.6
Female median age 38.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.0°F
Avg Low
32.3°F
Annual Precip
11.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424652586776868578644940
Low °F 222427293641484739312521
Precip" 1.511.121.031.061.040.660.220.280.300.741.381.80

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
59.2%
Good air days/yr
181
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Altamont, OR?

Altamont has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Altamont, OR?

The median gross rent in Altamont is $998 per month based on 2023 Census data.

What is the average home price in Altamont?

The median home value in Altamont is $222,600 according to 2023 Census ACS data.

What is the median income in Altamont?

The median household income in Altamont is $56,236 per year (2023 ACS 5-year estimates).

What is the sales tax in Altamont, OR?

The combined state and local sales tax rate in Altamont is 0.0%. The Oregon state income tax top rate is 9.9%.

Is Altamont, OR affordable?

Yes, Altamont is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in Altamont?

Altamont has average high temperatures of 62.0°F and average lows of 32.3°F. Annual precipitation is 11.1". Data from NOAA 1991–2020 Climate Normals.

Altamont at a Glance

Population
19,844
Median Income
$56,236
Home Value
$222,600
Median Rent
$998/mo
Unemployment
7.8%
Avg High Temp
62.0°F
Sales Tax
0.0%
View all cities in Oregon →
🗺️ County data for Oregon

Explore county-level cost of living data

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