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Happy Valley, OR vs Monmouth, OR

154
Happy Valley
Oregon
VS
+51.5%
102
Monmouth
Oregon

The cost of living difference between Happy Valley, OR and Monmouth, OR is dramatic. Monmouth is 51.5% cheaper than Happy Valley, a gap that translates to thousands of dollars per year in household expenses. Happy Valley has a cost index of 154 while Monmouth sits at 102, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Happy Valley is $2,025/month compared to $1,137/month in Monmouth — a 78% difference. Home values follow the same pattern: Monmouth is more affordable at $380,500 median vs $671,800.

Median household income in Happy Valley is $120,324 compared to $66,858 in Monmouth (+80%). While Happy Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Happy Valley spend roughly 20.2% of their income on rent, less than the 20.4% in Monmouth.

Climate-wise, both cities share similar average temperatures (54.7°F vs 54.1°F). Happy Valley receives more rainfall at 40.7" per year compared to 40.1" in Monmouth.

Income & Cost

Cost of Living Index
Happy Valley
154
Monmouth
102
34% cheaper
Median Household Income
Happy Valley
$120,324
44% higher
Monmouth
$66,858

Housing

Median Rent
Happy Valley
$2,025
Monmouth
$1,137
44% cheaper
Median Home Value
Happy Valley
$671,800
Monmouth
$380,500
43% cheaper
Population
Happy Valley
25,572
Monmouth
11,176

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Happy Valley 54.7°F
Monmouth 54.1°F
Summer High
Happy Valley 82°F
Monmouth 84°F
Winter Low
Happy Valley 37°F
Monmouth 36°F
Rainfall
Happy Valley 40.7"
Monmouth 40.1"
Rainy Days
Happy Valley 159d
Monmouth 148d