Cost of Living in Central Point, OR

With a cost of living index of 104, Central Point, OR is somewhat more expensive than average. Living here is 4% more expensive than the national average and in line with the Oregon state average. Central Point is a smaller community of 19,183 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Central Point's cost of living. The median monthly rent is $1,268 (4% below the US median of $1,319), and the median home value sits at $357,700 (17% above the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Central Point is $80,450, which is 7% higher than the national median of $75,149. Residents spend roughly 19% 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 Central Point. The area sees an average annual temperature of 55.9°F, with summers averaging 72°F and winters around 41°F. Annual rainfall totals 18.4 inches spread over roughly 103 days.

Everyday prices in the Medford, 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.