Cost of Living in Wheeler, OR

With a cost of living index of 99, Wheeler, OR is right around the national average in cost. Living here is 1% cheaper than the national average and 8% below the Oregon state average of 106. Wheeler is a small community of 469 residents.

Housing costs are the biggest factor in Wheeler's cost of living. The median monthly rent is $933 (29% below the US median of $1,319), and the median home value sits at $412,200 (35% above the national median of $304,900). At current prices, the median home costs roughly 7.3x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Wheeler is $56,333, which is 25% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Wheeler. The area sees an average annual temperature of 51.4°F, with summers averaging 60°F and winters around 44°F. Annual rainfall totals 70.3 inches spread over roughly 196 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.