The cost of living index in Silverton, Oregon, shows varied expenses compared to the nationwide average. Housing costs are notably higher, standing at 110, which means they are 10% above the national average. While groceries and transportation are slightly below average, housing and utilities reflect a significant increase. Overall, Silverton’s cost of living index is 101. This indicates that living costs are just 1% higher than the nationwide average. This slight increase makes Silverton a relatively affordable place to live while offering slightly higher expenses in specific areas.
Job seekers considering Silverton, OR, should take into account the cost of living index, which reflects the average expenses for various goods and services compared to the nationwide average. In Silverton, housing costs are notably higher than the nationwide average, with an index of 110. This indicates that housing expenses in Silverton are 10% more than the national average. Housing often represents a significant portion of one’s budget, so this increase can affect overall living expenses for potential residents.
Besides housing, Silverton's groceries index stands at 95, which is 5% below the nationwide average. This presents an opportunity for cost savings in grocery shopping. Utilities in Silverton also slightly exceed the national average, with an index of 105, meaning they are 5% higher. Transportation costs are nearly on par with the nationwide average, with an index of 98, which is just 2% lower. Healthcare costs are a bit lower, with an index of 90, suggesting a 10% savings in this area. Finally, miscellaneous expenses in Silverton align with the nationwide average, with an index of 100. This combination of higher and lower costs presents a mixed picture for job seekers evaluating whether Silverton meets their budget needs.
