Cost of Living in Gresham, OR

Population 112,818 · Oregon · Data vintage 2023

132

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gresham lands reasonably close to national benchmarks on most cost indicators, with a median home value of $440,000 — 44% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Oregon.

Cost Overview

Housing 144

Rent 115

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

About the Cost of Living in Gresham

The median home value in Gresham is $440,000 — 44% above the national median of $305,000. Median rent runs $1,508/month, 15% higher than the national median of $1,314/month. The median household income of $73,608/year is 1% lower than the US median of $74,580. The local unemployment rate is 5.3%, 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 63.5°F and lows of 45.9°F. Overall, Gresham has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.

🏠 Housing

Median Home Value

$440,000

44% above avg

Zillow Home Value

$463,410

Zillow ZHVI

Median Rent

$1,508/mo

15% above avg

Zillow Rent

$1,593/mo

Zillow ZORI

Price-to-Rent Ratio

24.3x

Favors renting

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 56.1%

Renter-occupied 43.9%

💰 Estimated Monthly Budget

Rent median rent

$1,508

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,122/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

29.1 min

8% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

11.5%

Commute Mode

Drove alone

68.7%

Carpooled

12.1%

Public transit

3.9%

Walked

2.5%

Bicycle

0.3%

Work from home

11.5%

⚡ 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

$73,608

1% below avg

Per Capita Income

$35,390

Unemployment Rate

5.3%

11% above avg

Poverty Rate

12.7%

Labor Force Participation

65.2%

🎓 Education

Bachelor's degree+ 15.2%

Graduate degree 8.3%

👥 Demographics

Median Age 37.2

Male median age 35.5

Female median age 39.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

63.5°F

Avg Low

45.9°F

Annual Precip

40.7"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	47	51	57	62	69	74	82	82	76	64	53	46
Low °F	37	38	40	43	49	53	57	57	52	46	42	37
Precip"	5.01	3.71	4.41	3.58	2.91	2.11	0.55	0.63	1.75	4.02	5.83	6.15

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good

73.2%

Good air days/yr

117

Max AQI recorded

206

PM2.5 days

155

Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

78%

4-Year Graduation Rate

22.5:1

Student-teacher ratio

Public schools

11,945

Total enrollment

Frequently Asked Questions

What is the cost of living in Gresham, OR?

Gresham has a cost index of 132 (100 = national average). It is 32% above the national average.

What is average rent in Gresham, OR?

The median gross rent in Gresham is $1,508 per month based on 2023 Census data.

What is the average home price in Gresham?

The median home value in Gresham is $440,000 according to Zillow and Census data.

What is the median income in Gresham?

The median household income in Gresham is $73,608 per year (2023 ACS 5-year estimates).

What is the sales tax in Gresham, OR?

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

Is Gresham, OR affordable?

Gresham is above average in cost of living, with an index of 132 — about 32% higher than the national average.

What is the weather like in Gresham?

Gresham has average high temperatures of 63.5°F and average lows of 45.9°F. Annual precipitation is 40.7". Data from NOAA 1991–2020 Climate Normals.

Gresham at a Glance

Population: 112,818
Median Income: $73,608
Home Value: $440,000
Median Rent: $1,508/mo
Unemployment: 5.3%
Avg High Temp: 63.5°F
Sales Tax: 0.0%

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