Cost of Living in Bandon, OR

With a cost of living index of 101, Bandon, OR is right around the national average in cost. Living here is 1% more expensive than the national average and 5% below the Oregon state average of 106. Bandon is a small community of 3,323 residents.

Housing costs are the biggest factor in Bandon's cost of living. The median monthly rent is $907 (31% below the US median of $1,319), and the median home value sits at $449,600 (47% above the national median of $304,900). At current prices, the median home costs roughly 9.7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Bandon is $46,250, which is 38% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Bandon. The area sees an average annual temperature of 50.4°F, with summers averaging 57°F and winters around 44°F. Annual rainfall totals 65.3 inches spread over roughly 181 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.