Cost of Living in Saunders Lake, OR

With a cost of living index of 111, Saunders Lake, OR is somewhat more expensive than average. Living here is 11% more expensive than the national average and 4% above the Oregon state average of 106. Saunders Lake is a small community of 1,495 residents.

Housing costs are the biggest factor in Saunders Lake's cost of living. The median monthly rent is $1,367 (4% above the US median of $1,319), and the median home value sits at $396,500 (30% above 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 Saunders Lake is $87,750, which is 17% higher than the national median of $75,149. Residents spend roughly 19% 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 Saunders Lake. The area sees an average annual temperature of 53°F, with summers averaging 59°F and winters around 47°F. Annual rainfall totals 59.1 inches spread over roughly 159 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.