Cost of Living in Nehalem, OR

With a cost of living index of 106, Nehalem, OR is somewhat more expensive than average. Living here is 6% more expensive than the national average and in line with the Oregon state average. Nehalem is a small community of 225 residents.

Housing costs are the biggest factor in Nehalem's cost of living. The median monthly rent is $1,167 (12% below the US median of $1,319), and the median home value sits at $418,400 (37% above the national median of $304,900). At current prices, the median home costs roughly 6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Nehalem is $69,464, which is 8% lower than the national median of $75,149. Residents spend roughly 20% 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 Nehalem. The area sees an average annual temperature of 51.4°F, with summers averaging 60°F and winters around 44°F. Annual rainfall totals 70.3 inches spread over roughly 196 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.