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Melrose, OR vs Redwood, OR

116
Melrose
Oregon
VS
+7.4%
108
Redwood
Oregon

Redwood is moderately more affordable than Melrose, with a 7.4% lower cost of living index. Melrose scores 116 compared to 108 for Redwood, where the US average is 100. This difference means residents of Melrose can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Melrose are $483,000 compared to $381,000 in Redwood, a 27% gap.

Median household income in Melrose is $115,536 compared to $73,135 in Redwood (+58%). While Melrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Melrose is notably warmer with an average of 55.9°F compared to 48.9°F in Redwood. Redwood receives more rainfall at 40.7" per year compared to 32.1" in Melrose.

Income & Cost

Cost of Living Index
Melrose
116
Redwood
108
7% cheaper
Median Household Income
Melrose
$115,536
37% higher
Redwood
$73,135

Housing

Median Rent
Melrose
Redwood
$1,379
Median Home Value
Melrose
$483,000
Redwood
$381,000
21% cheaper
Population
Melrose
1,150
Redwood
3,150

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Melrose 55.9°F
Redwood 48.9°F
Summer High
Melrose 86°F
Redwood 77°F
Winter Low
Melrose 37°F
Redwood 33°F
Rainfall
Melrose 32.1"
Redwood 40.7"
Rainy Days
Melrose 141d
Redwood 126d