Cost of Living in Corvallis, OR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

132.8

100 = national avg

+32.8 vs national average

Living Wage (1 Adult)

$58,425

per year

Living Wage (Family of 4)

$138,096

per year

Cost Index by Category

Housing
191.6
Food
98.8
Transportation
97.5
Healthcare
99.0
Utilities
117.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,290

per month

2 Bedroom

$1,622

per month

The overall cost of living index in Corvallis is 132.8, which is 32.8% above the national average. Housing costs are above the national average at an index of 191.6. A single adult needs to earn approximately $58,425 per year to cover basic expenses.