Silverton, Oregon, features a cost of living index that is notably higher than the nationwide average. Housing costs are 20% above the national average, and utilities are 5% lower. Groceries, transportation, and miscellaneous costs also exceed the average, ranging from 5% to 10% higher. This makes Silverton a place where job seekers should consider these higher living expenses.
Silverton, OR, exhibits a cost of living that is slightly above the national average. The housing index stands at 120, indicating that housing costs are 20% higher than the nationwide average. This elevated cost is a significant factor for job seekers considering relocation, as housing represents a major expense. Groceries in Silverton are also somewhat pricier, with an index of 105, meaning they cost 5% more than the national average. This slight increase can add up over time, impacting the overall budget of residents.
Transportation costs in Silverton are 10% above the national average, with an index of 110. While this is a notable expense, it remains relatively close to the nationwide figures. Utilities, however, are slightly lower, with an index of 95, meaning they cost 5% less than the national average. Healthcare costs in Silverton align closely with the national average, with an index of 100, offering some relief for families. Miscellaneous expenses show a modest increase, with an index of 102, indicating a 2% rise over the national average. Overall, Silverton presents a cost of living that is marginally higher than the national average, with housing and groceries being the most significant factors.