Cost of Living in Three Rivers, OR

With a cost of living index of 143, Three Rivers, OR is one of the most expensive cities in the United States. Living here is 43% more expensive than the national average and 37% above the Oregon state average of 106. Three Rivers is a small community of 3,966 residents.

Housing costs are the biggest factor in Three Rivers's cost of living. The median monthly rent is $2,231 (69% above the US median of $1,319), and the median home value sits at $470,400 (54% above the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Three Rivers is $82,780, which is 10% higher than the national median of $75,149. Residents spend roughly 32% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Three Rivers. The area sees an average annual temperature of 48.9°F, with summers averaging 65°F and winters around 35°F. Annual rainfall totals 8.5 inches spread over roughly 78 days.

Everyday prices in the Bend, OR (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.