Cost of Living in Bunker Hill, OR

With a cost of living index of 85, Bunker Hill, OR is a very affordable place to live. Living here is 15% cheaper than the national average and 21% below the Oregon state average of 106. Bunker Hill is a small community of 1,694 residents.

Housing costs are the biggest factor in Bunker Hill's cost of living. The median monthly rent is $913 (31% below the US median of $1,319), and the median home value sits at $255,400 (16% below the national median of $304,900). At current prices, the median home costs roughly 4.8x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Bunker Hill is $53,098, which is 29% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Bunker Hill. The area sees an average annual temperature of 53°F, with summers averaging 59°F and winters around 47°F. Annual rainfall totals 59.1 inches spread over roughly 159 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.