Housing costs in McMinnville?
A typical home costs
$456,900, which is 35.1% more expensive than the national average of
$338,100 and 2.5% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in McMinnville costs
$1,590 per month, which is 4.6% more than the national average of
$1,520 and 15.7% cheaper than the state average of
$1,840.
Can I afford McMinnville?
To live comfortably in McMinnville (zip 97128), Oregon, a minimum annual income of
$87,480 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about McMinnville?
The cost of living in McMinnville, OR (97128) is very reasonable compared to many other cities in the United States. The median home value in 97128 is just over $250,000 which is much lower than the national average. Additionally, the median household income in 97128 is also significantly lower than the national average, coming in below $50,000 per year. Despite this, McMinnville offers an array of amenities and services at affordable prices. Groceries and basic necessities such as gas are available for low prices all around town while restaurants and entertainment options are relatively inexpensive. All things considered, 97128 McMinnville has an attractive cost of living that allows residents to live comfortably without breaking the bank.