Cost of Living in Vale, OR

With a cost of living index of 76, Vale, OR is a very affordable place to live. Living here is 24% cheaper than the national average and 31% below the Oregon state average of 106. Vale is a small community of 2,259 residents.

Housing costs are the biggest factor in Vale's cost of living. The median monthly rent is $844 (36% below the US median of $1,319), and the median home value sits at $162,500 (47% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Vale is $48,854, which is 35% lower than the national median of $75,149. Residents spend roughly 21% 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 Vale. The area sees an average annual temperature of 53.7°F, with summers averaging 75°F and winters around 33°F. Annual rainfall totals 9.5 inches spread over roughly 80 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.