Cost of Living in Springfield, OR

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

Cost of Living Overview

Overall Index

116.2

100 = national avg

+16.2 vs national average

Living Wage (1 Adult)

$51,123

per year

Living Wage (Family of 4)

$120,837

per year

Cost Index by Category

Housing
145.6
Food
101.4
Transportation
90.0
Healthcare
101.1
Utilities
109.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,286

per month

2 Bedroom

$1,688

per month

The overall cost of living index in Springfield is 116.2, which is 16.2% above the national average. Housing costs are above the national average at an index of 145.6. A single adult needs to earn approximately $51,123 per year to cover basic expenses.