What Is The Cost Of Living In Coos Bay, OR?
Situated on the west side of Coos Bay, Coos Bay is the largest city on Oregon’s beautiful coast. It’s an ideal city for those who love the beach and the mountains; Coos Bay is situated perfectly between both.
Native Americans hunted, fished, and farmed the area of Coos Bay for thousands of years. Today Coos Bay is a thriving community surrounded by a beautiful, lush bay and emerald forests. Coos Bay is considered a desirable city to live within Oregon’s renowned coastline.
The median home cost of living in Coos Bay, Oregon, is $190,700. However, this does not cover other living costs, such as child care, utilities, groceries, and taxes. With a cost of living index of 84.3, it is cheaper than the US average of 100.0 and Oregon’s overall 113.1 index rating.
Oregon’s minimum wage is $11.25 an hour, while the livable wage is $18.66 an hour. Many people will have a range of pay bases to help them afford living in Coos Bay. Coos Bay’s cost is considerably less than living in Seattle or New York City, but costs do add up. Here’s a breakdown of precisely what you might spend to live monthly in Coos Bay, Oregon.
How Much Does a Home Cost to Own?
Owning a home in Coos Bay is comparatively less than in other areas of the country. Most homes in Oregon cost around $402,573, while living in Coos Bay costs approximately $190,700. The average price of a home in the US is $284,600, so Coos Bay is approximately 7% lower than the national average.
There are some expensive homes in Coos Bay where the price goes up to $2.95 million. But this is for oceanfront properties in a gated golf community. There are affordable homes in Coos Bay and something to fit your budget. If you don’t think you can afford it, try renting!
Home Rental Cost in Coos Bay, OR
When you move to Coos Bay, you will notice there are a few homes to rent. In fact, 1.5% of houses and apartments in Coos Bay are available to rent. Here’s what you can expect to pay:
|Style of Home||Price Per Month|
Compared to many states, this is affordable and can be a great deal, especially so close to a dynamic and livable city like Coos Bay.
Property Taxes for Coos Bay, OR
The current median property taxes in Coos County, Oregon, where Coos Bay is located, is $1,387 per year. One property tax exception is low-income senior homeowners. This group is eligible for a property tax exemption.
Property tax rates in Oregon are loosely tied to a property’s value. The home’s boundaries calculate actual property tax rates in relation to numerous taxing jurisdictions and the property’s assessed value. Oregon’s average property tax rate is 0.90% which is below the national average of 1.07%.
Cost of Utilities in Coos Bay
In every single state you move to, you will have to pay utilities. If you are renting a home or apartment, sometimes utility fees are rolled into monthly rental payments, but you will have to check your rental contract to be sure. For a small apartment of 915 sq ft, you can expect to pay $174.97 a month for the basic utilities. What do utilities include?
There may be certain places that do not include garbage, and you will have to find your way to dispose of your trash. Some places will cover this cost, but you must provide your garbage cans that still need to meet community requirements.
The Cost of Child Care
Caring for children can be expensive. For working parents, child care is a necessity. Child care is a part of daily life that many people don’t talk about or think about because it just has to be done. But it can be a considerable expense.
In Coos Bay, the average cost of full-time daycare per week is $375. Prices will vary depending on the age of the child. You can expect to pay approximately $1,503 per month per child for care in Coos Bay. If you are looking at a private daycare that may also teach your children or prep them for school, you will end up paying much more. It all depends on what you want and what you are looking for.
Food Cost in Coos Bay
Something we sometimes overlook when moving to a new area is the cost of food. Grocery shopping is something most of us do weekly, and sometimes monthly. The bigger your family is, the most you will pay for food.
Here is a list of some grocery items and prices in Coos Bay; this can be a good starting place to figure out what you eat and how much you’ll spend a week or a month.
|1 Gallon of Milk||$2.93|
|1 Loaf of White Bread||$2.10|
|1 Carton of Eggs||$2.25|
|1 Pound of Chicken||$3.98|
|1 Pound of Onion||$0.97|
|1 Head of Lettuce||$1.56|
|1 Bottle of Mid-Range Wine||$6.99|
|0.5 Liters of Domestic Beer||$2.61|
How Much Will Entertainment Cost?
After moving, you will want to start going to do fun activities that Huntsville offers, and most of them will cost money. What is there to do, and how much does it cost? The truth is there are many different things to do, a wide variety of things to do. You will need to set yourself a budget and stick with it. Here is a list of activities that can help you determine that budget.
|Restaurants (2 people/mid-range)||$53.75|
|Fitness Club (one adult, monthly fee)||$67.75|
|Movies (1 adult ticket)||$10.38|
Depending on where and when you go, activities fees will vary. There can always be extra expenses with activities, depending on the time of day, day of the week, number of people attending, etc.
Education in Coos Bay
Educating kids is expensive, even more so if you’re interested in sending them to private school. There are so many costs that add up every year we want to make sure you are as prepared as possible.
On average many of the teachers have 20 kids per class and spend about $5,329 per student. However, that does not mean you have to pay that amount; it means that’s what it costs the school. Here are some other things to keep in mind when looking at education costs in Huntsville.
There are six private schools in Coos Bay, Oregon. There is one private school per 8,035 people and one private school per 5 square miles. The average private school tuition in Oregon is $8,322 for elementary school and $12,161 per high school per year. Prices of private schools in Coos Bay may be slightly higher or lower.
University and Technical Colleges
Southwestern Oregon Community College is a university and technical school in Coos Bay and is an excellent option for many locals. If you are thinking of attending a University or a technical college, this may be a budget-friendly option compared to other states.
If you become an Oregon resident who attends Southwestern Oregon Community College annually, you will spend around $9,200 for tuition alone. However, this does not cover costs or room and board or any textbook fees.
How much do you need to live comfortably in Coos Bay?
On average, to live comfortably in Coos Bay, you will need to make at least $49,740 a year. This means you would need to make $4,145 a month to live on your own in Coos Bay. The bigger your family is, the more you will need to make.
Is Coos Bay a good place to live?
Coos Bay is a friendly and welcoming place to live with lots of things to see and do. There is a strong sense of community in Coos Bay and a great place to raise children. Coos Bay has access to beaches, water and appeals to people who love the outdoors located on the coast. It’s ideal for both young professionals and growing families.
What are the main industries in Coos Bay?
Agriculture and farming, commercial fishing, forestry, and tourism are major industries in Coos Bay.
Is Coos Bay, OR Right for You?
Coos Bay, Oregon, is a very desirable place to live. It may be cheaper than other areas of Oregon to live, compared to major cities like Portland. However, depending on the size of the house you choose and the size of your family, it may also be expensive, so you’ll want to keep that in mind when choosing where to live.
Coos Bay is a growing, thriving area with lots to see and do. Coos Bay is an enjoyable area to visit with nightlife and activities if you are a single person. It’s also a great place to raise a family.
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