Cost of Living in Hood River, OR

With a cost of living index of 130, Hood River, OR is a notably expensive place to live. Living here is 30% more expensive than the national average and 23% above the Oregon state average of 106. Hood River is a smaller community of 8,360 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Hood River's cost of living. The median monthly rent is $1,446 (10% above the US median of $1,319), and the median home value sits at $602,800 (98% above the national median of $304,900). At current prices, the median home costs roughly 7.7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Hood River is $77,975, which is 4% higher than the national median of $75,149. Residents spend roughly 22% 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 Hood River. 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.