Cost of Living in Mitchell, OR

With a cost of living index of 80, Mitchell, OR is a very affordable place to live. Living here is 20% cheaper than the national average and 27% below the Oregon state average of 106. Mitchell is a small community of 211 residents.

Housing costs are the biggest factor in Mitchell's cost of living. The median monthly rent is $880 (33% below the US median of $1,319), and the median home value sits at $198,400 (35% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mitchell is $44,196, which is 41% 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 Mitchell. The area sees an average annual temperature of 52.7°F, with summers averaging 70°F and winters around 37°F. Annual rainfall totals 9.8 inches spread over roughly 98 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.