Cost of Living in Monmouth, OR

Population 11,176 · Oregon · Data vintage 2023

109
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Monmouth 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 — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Monmouth sits roughly 11 miles west of Salem. Housing prices track closely with Salem's $382,000 median.

Cost Overview

Housing 125
Rent 87

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

About the Cost of Living in Monmouth

The median home value in Monmouth is $380,500 — 25% above the national median of $305,000. Median rent runs $1,137/month, 13% lower than the national median of $1,314/month. The median household income of $66,858/year is 10% lower than the US median of $74,580. The local unemployment rate is 6.7%, 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 64.4°F and lows of 43.9°F. Overall, Monmouth has a cost of living index of 109 versus the US average of 100, meaning it is 9% more expensive.

🏠 Housing

Median Home Value
$380,500
25% above avg
Zillow Home Value
$469,807
Zillow ZHVI
Median Rent
$1,137/mo
13% below avg
Zillow Rent
$1,397/mo
Zillow ZORI
Price-to-Rent Ratio
27.9x
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 45.5%
Renter-occupied 54.5%

💰 Estimated Monthly Budget

Rent median rent
$1,137
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,751/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
26.3 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.7%

Commute Mode

Drove alone
70.3%
Carpooled
8.2%
Public transit
1.0%
Walked
7.1%
Bicycle
1.6%
Work from home
10.7%

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
$66,858
10% below avg
Per Capita Income
$28,060
Unemployment Rate
6.7%
38% above avg
Poverty Rate
15.6%
Labor Force Participation
63.3%

🎓 Education

Bachelor's degree+ 17.2%
Graduate degree 10.7%

👥 Demographics

Median Age 26.2
Male median age 25.7
Female median age 27.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
43.9°F
Annual Precip
40.1"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485257626975848478655447
Low °F 363638414651555551443935
Precip" 6.084.544.353.122.251.250.250.391.463.475.956.97

Frequently Asked Questions

What is the cost of living in Monmouth, OR?

Monmouth has a cost index of 109 (100 = national average). It is 9% above the national average.

What is average rent in Monmouth, OR?

The median gross rent in Monmouth is $1,137 per month based on 2023 Census data.

What is the average home price in Monmouth?

The median home value in Monmouth is $380,500 according to Zillow and Census data.

What is the median income in Monmouth?

The median household income in Monmouth is $66,858 per year (2023 ACS 5-year estimates).

What is the sales tax in Monmouth, OR?

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

Is Monmouth, OR affordable?

Monmouth is near the national average in terms of cost of living, with an index of 109 (100 = US average).

What is the weather like in Monmouth?

Monmouth has average high temperatures of 64.4°F and average lows of 43.9°F. Annual precipitation is 40.1". Data from NOAA 1991–2020 Climate Normals.

Monmouth at a Glance

Population
11,176
Median Income
$66,858
Home Value
$380,500
Median Rent
$1,137/mo
Unemployment
6.7%
Avg High Temp
64.4°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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