Gearhart, OR vs Mount Hood Villages, OR
Gearhart, OR and Mount Hood Villages, OR have a very similar cost of living, with only a 4.6% difference in their overall index. Gearhart scores 113 while Mount Hood Villages scores 118 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Gearhart is $1,089/month compared to $1,425/month in Mount Hood Villages — a 24% difference. Interestingly, home values tell a different story: while Gearhart has cheaper rent, Mount Hood Villages actually has lower median home values ($455,600 vs $522,100).
Median household income in Gearhart is $85,966 compared to $89,717 in Mount Hood Villages (-4.2%). The higher salaries in Mount Hood Villages partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gearhart spend roughly 15.2% of their income on rent, less than the 19.1% in Mount Hood Villages.
Climate-wise, Mount Hood Villages is notably warmer with an average of 54.7°F compared to 51.4°F in Gearhart. Gearhart receives more rainfall at 70.3" per year compared to 40.7" in Mount Hood Villages.
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