Cost of Living in Chenoweth, OR

With a cost of living index of 84, Chenoweth, OR is a very affordable place to live. Living here is 16% cheaper than the national average and 23% below the Oregon state average of 106. Chenoweth is a small community of 1,543 residents.

Housing costs are the biggest factor in Chenoweth's cost of living. The median monthly rent is $892 (32% below the US median of $1,319), and the median home value sits at $246,300 (19% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Chenoweth is $62,204, which is 17% lower 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. 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 Chenoweth. The area sees an average annual temperature of 54.4°F, with summers averaging 72°F and winters around 38°F. Annual rainfall totals 13.7 inches spread over roughly 96 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.