Cost of Living in Drain, OR

With a cost of living index of 87, Drain, OR is a very affordable place to live. Living here is 13% cheaper than the national average and 19% below the Oregon state average of 106. Drain is a small community of 975 residents.

Housing costs are the biggest factor in Drain's cost of living. The median monthly rent is $1,016 (23% below the US median of $1,319), and the median home value sits at $241,000 (21% below the national median of $304,900). At current prices, the median home costs roughly 5.1x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Drain is $47,281, which is 37% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Drain. The area sees an average annual temperature of 55.9°F, with summers averaging 69°F and winters around 44°F. Annual rainfall totals 32.1 inches spread over roughly 141 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.