Cost of Living in Powers, OR

With a cost of living index of 75, Powers, OR is a very affordable place to live. Living here is 25% cheaper than the national average and 31% below the Oregon state average of 106. Powers is a small community of 645 residents.

Housing costs are the biggest factor in Powers's cost of living. The median monthly rent is $857 (35% below the US median of $1,319), and the median home value sits at $153,100 (50% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in Powers is $42,750, which is 43% 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 Powers. The area sees an average annual temperature of 50.4°F, with summers averaging 57°F and winters around 44°F. Annual rainfall totals 65.3 inches spread over roughly 181 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.