Cost of Living in Fairview, OR

With a cost of living index of 86, Fairview, OR is a very affordable place to live. Living here is 14% cheaper than the national average and 21% below the Oregon state average of 106. Fairview is a small community of 523 residents.

Housing costs are the biggest factor in Fairview's cost of living. The median monthly rent is $888 (33% below the US median of $1,319), and the median home value sits at $269,300 (12% below the national median of $304,900). At current prices, the median home costs roughly 5.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Fairview is $45,321, which is 40% lower than the national median of $75,149. Residents spend roughly 24% 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 Fairview. The area sees an average annual temperature of 52.9°F, with summers averaging 65°F and winters around 42°F. Annual rainfall totals 37.6 inches spread over roughly 158 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.