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Fair Oaks, OR vs Prospect, OR

102
Fair Oaks
Oregon
VS
+21.7%
84
Prospect
Oregon

There is a significant gap in the cost of living between these two cities. Prospect is 21.7% cheaper than Fair Oaks. With a cost index of 84 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Prospect to Fair Oaks should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Fair Oaks are $312,500 compared to $309,000 in Prospect, a 1% gap.

Median household income in Fair Oaks is $64,688 compared to $39,808 in Prospect (+62.5%). While Fair Oaks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (55.9°F vs 55.9°F). Fair Oaks receives more rainfall at 32.1" per year compared to 18.4" in Prospect.

Income & Cost

Cost of Living Index
Fair Oaks
102
Prospect
84
18% cheaper
Median Household Income
Fair Oaks
$64,688
38% higher
Prospect
$39,808

Housing

Median Rent
Fair Oaks
Prospect
$744
Median Home Value
Fair Oaks
$312,500
Prospect
$309,000
1% cheaper
Population
Fair Oaks
247
Prospect
724

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fair Oaks
Prospect $3.21
US $3.07
🥚
Eggs (grade A, large)
Fair Oaks
Prospect $2.62
US $2.50
🥛
Milk (whole)
Fair Oaks
Prospect $4.22
US $4.03
🍞
Bread (white)
Fair Oaks
Prospect $1.94
US $1.85
🍗
Chicken breast
Fair Oaks
Prospect $4.34
US $4.14
Electricity
Fair Oaks
Prospect $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fair Oaks 55.9°F
Prospect 55.9°F
Summer High
Fair Oaks 86°F
Prospect 92°F
Winter Low
Fair Oaks 37°F
Prospect 33°F
Rainfall
Fair Oaks 32.1"
Prospect 18.4"
Rainy Days
Fair Oaks 141d
Prospect 103d