Cost of Living in Gold Beach, OR

With a cost of living index of 100, Gold Beach, OR is right around the national average in cost. Living here is 0% more expensive than the national average and 6% below the Oregon state average of 106. Gold Beach is a small community of 2,455 residents.

Housing costs are the biggest factor in Gold Beach's cost of living. The median monthly rent is $1,094 (17% below the US median of $1,319), and the median home value sits at $368,900 (21% above the national median of $304,900). At current prices, the median home costs roughly 7.1x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Gold Beach is $51,662, which is 31% lower than the national median of $75,149. Residents spend roughly 25% 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 Gold Beach. The area sees an average annual temperature of 52.9°F, with summers averaging 57°F and winters around 49°F. Annual rainfall totals 58 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.