Cost of Living in Mill City, OR

With a cost of living index of 97, Mill City, OR is slightly more affordable than average. Living here is 3% cheaper than the national average and 10% below the Oregon state average of 106. Mill City is a small community of 1,876 residents.

Housing costs are the biggest factor in Mill City's cost of living. The median monthly rent is $1,204 (9% below the US median of $1,319), and the median home value sits at $289,900 (5% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mill City is $70,000, which is 7% lower than the national median of $75,149. Residents spend roughly 21% 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 Mill City. The area sees an average annual temperature of 54.1°F, with summers averaging 67°F and winters around 42°F. Annual rainfall totals 40.1 inches spread over roughly 148 days.

Everyday prices in the Albany, OR (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.