Cost of Living in Ione, OR

With a cost of living index of 78, Ione, OR is a very affordable place to live. Living here is 22% cheaper than the national average and 29% below the Oregon state average of 106. Ione is a small community of 372 residents.

Housing costs are the biggest factor in Ione's cost of living. The median monthly rent is $1,125 (15% below the US median of $1,319), and the median home value sits at $85,600 (72% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.

The median household income in Ione is $62,500, which is 17% lower 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. 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 Ione. The area sees an average annual temperature of 53.9°F, with summers averaging 72°F and winters around 37°F. Annual rainfall totals 8.6 inches spread over roughly 80 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.