Housing costs in Bay City?
A typical home costs
$358,900, which is 6.2% more expensive than the national average of
$338,100 and 23.4% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Bay City costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 39.4% cheaper than the state average of
$1,520.
Can I afford Bay City?
To live comfortably in Bay City (zip 97107), Oregon, a minimum annual income of
$68,760 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Bay City?
The cost of living in 97107 Bay City, OR is relatively affordable. According to the BestPlaces Bureau, the median household income for this area is approximately $53,000, and the median housing value is about $223,800. The monthly rent for a two-bedroom apartment averages around $1,000 per month. Groceries are also lower than most areas due to numerous local farms providing fresh produce at reasonable prices. The average price for utilities such as electricity and water is also lower than other locations in the state. All in all, Bay City offers residents an affordable lifestyle with plenty of amenities nearby.