Cost of Living in Wasco, OR

With a cost of living index of 89, Wasco, OR is a very affordable place to live. Living here is 11% cheaper than the national average and 18% below the Oregon state average of 106. Wasco is a small community of 523 residents.

Housing costs are the biggest factor in Wasco's cost of living. The median monthly rent is $1,158 (12% below the US median of $1,319), and the median home value sits at $204,300 (33% below 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 Wasco is $60,000, which is 20% lower than the national median of $75,149. Residents spend roughly 23% 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 Wasco. The area sees an average annual temperature of 54.4°F, with summers averaging 72°F and winters around 38°F. Annual rainfall totals 13.7 inches spread over roughly 96 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.