Cost of Living in Madras, OR

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

Cost of Living Overview

Overall Index

101.6

100 = national avg

+1.6 vs national average

Living Wage (1 Adult)

$44,723

per year

Living Wage (Family of 4)

$105,709

per year

Cost Index by Category

Housing
120.7
Food
93.3
Transportation
86.5
Healthcare
94.6
Utilities
100.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$945

per month

2 Bedroom

$1,229

per month

The overall cost of living index in Madras is 101.6, which is 1.6% above the national average. Housing costs are above the national average at an index of 120.7. A single adult needs to earn approximately $44,723 per year to cover basic expenses.