Cost of Living in Cave Junction, OR

With a cost of living index of 89, Cave Junction, OR is a very affordable place to live. Living here is 11% cheaper than the national average and 18% below the Oregon state average of 106. Cave Junction is a small community of 1,701 residents.

Housing costs are the biggest factor in Cave Junction's cost of living. The median monthly rent is $1,076 (18% below the US median of $1,319), and the median home value sits at $252,000 (17% below the national median of $304,900). At current prices, the median home costs roughly 7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Cave Junction is $35,927, which is 52% lower than the national median of $75,149. Residents spend roughly 36% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Cave Junction. The area sees an average annual temperature of 48.9°F, with summers averaging 62°F and winters around 38°F. Annual rainfall totals 40.7 inches spread over roughly 126 days.

Everyday prices in the Grants Pass, OR (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.