Silverton, OR, presents a cost of living index that aligns closely with the nationwide average, with a slight dip in housing costs. Housing stands at 95, indicating it is 5% below the average of 100. Groceries, however, show a 2% increase at 102, suggesting a bit more spending in this area. Utilities, transportation, healthcare, and miscellaneous categories hover around the national average, each within 2% of 100.
Overall, Silverton offers a cost of living that is 1% below the nationwide average, making it a slightly affordable place to live. This balanced index means residents can expect to manage expenses well, with only groceries slightly surpassing the national norm.
Silverton, OR, presents a cost of living that is close to the nationwide average, making it an attractive option for many job seekers. Specifically, the housing index is at 95, indicating that housing costs in Silverton are 5% lower than the national average. This slight decrease can provide significant savings for those relocating or considering a move to Silverton, especially in the long term.
In comparison, groceries cost slightly more, with an index of 102. This means grocery prices are 2% higher than the national average. While this might affect monthly spending, it is a relatively small difference. Utilities in Silverton are also slightly below average, with an index of 98, meaning they cost 2% less. Transportation costs are nearly on par with the national average at 97, and healthcare costs are identical at 100. Miscellaneous expenses sit at 99, suggesting they are just 1% below the national average. Overall, Silverton offers a balanced cost of living that is mostly comparable to the nationwide average, with only a few areas showing minor differences.
