Cost of Living in Running Y Ranch, OR

With a cost of living index of 143, Running Y Ranch, OR is one of the most expensive cities in the United States. Living here is 43% more expensive than the national average and 36% above the Oregon state average of 106. Running Y Ranch is a small community of 841 residents.

Housing costs are the biggest factor in Running Y Ranch's cost of living. The median monthly rent is $1,984 (50% above the US median of $1,319), and the median home value sits at $558,200 (83% above the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Running Y Ranch is $166,375, which is 121% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Running Y Ranch. The area sees an average annual temperature of 47.1°F, with summers averaging 64°F and winters around 32°F. Annual rainfall totals 11.1 inches spread over roughly 88 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.