Cost of Living in Bay City, OR

With a cost of living index of 99, Bay City, OR is right around the national average in cost. Living here is 1% cheaper than the national average and 7% below the Oregon state average of 106. Bay City is a small community of 2,022 residents.

Housing costs are the biggest factor in Bay City's cost of living. The median monthly rent is $1,146 (13% below the US median of $1,319), and the median home value sits at $337,500 (11% above the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Bay City is $80,329, which is 7% higher than the national median of $75,149. Residents spend roughly 17% 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 Bay City. The area sees an average annual temperature of 52.9°F, with summers averaging 65°F and winters around 42°F. Annual rainfall totals 37.6 inches spread over roughly 158 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.