Cost of Living in Lake Oswego, OR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
232.3
100 = national avg
+132.3 vs national average
Living Wage (1 Adult)
$102,210
per year
Living Wage (Family of 4)
$241,588
per year
Cost Index by Category
Housing319.6
Food157.3
Transportation214.7
Healthcare145.9
Utilities178.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,677
per month
2 Bedroom
$1,922
per month
The overall cost of living index in Lake Oswego is 232.3, which is 132.3% above the national average. Housing costs are above the national average at an index of 319.6. A single adult needs to earn approximately $102,210 per year to cover basic expenses.