Cost of Living: Lake Oswego, OR vs Gresham, OR
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,006/mo in Lake Oswego, OR versus $4,006/mo in Gresham, OR. In the model, rent is about 29.59% of gross in Lake Oswego, OR versus 21.98% in Gresham, OR, so Gresham, OR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lake Oswego, OR and Gresham, OR.
At a glance
- Cheaper overall (lower cost-of-living index): Gresham, OR
- Lower rent (median 1BR/2BR): Gresham, OR
- Lower home prices: Gresham, OR
- Higher median household income: Lake Oswego, OR
Cost of Living Index
Lake Oswego, OR: 100 (U.S. = 100) · Gresham, OR: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Lake Oswego, OR: $1,930/mo (midpoint of 1BR/2BR) · Gresham, OR: $1,433/mo
Median rent in Lake Oswego, OR is $497/mo higher than in Gresham, OR.
Median Home Price
Lake Oswego, OR: $894,000 · Gresham, OR: $440,000
Median home price in Lake Oswego, OR is $454,000 higher than in Gresham, OR.
Median Household Income
Lake Oswego, OR: $140,441 · Gresham, OR: $73,608
Lake Oswego, OR has a higher median household income than Gresham, OR by $66,833.
Lake Oswego, OR overview · Gresham, OR overview · Popular comparisons