Cost of Living in Rockaway Beach, OR

With a cost of living index of 104, Rockaway Beach, OR is somewhat more expensive than average. Living here is 4% more expensive than the national average and in line with the Oregon state average. Rockaway Beach is a small community of 1,577 residents.

Housing costs are the biggest factor in Rockaway Beach's cost of living. The median monthly rent is $1,308 (1% below the US median of $1,319), and the median home value sits at $341,100 (12% above the national median of $304,900). At current prices, the median home costs roughly 6.2x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Rockaway Beach is $55,188, which is 27% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Rockaway Beach. 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.