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Metro cost profile · 2024 BEA RPP

Corvallis, OR

Cost-of-living indicators for Corvallis, OR, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

104.0
Overall RPP
#36
of 387 metros
114.4
Rents RPP
$96K
$100K national buys

Corvallis ranks #36 of 387 U.S. metros by cost, and its overall price index has risen 4.7 points since 2008.

  • rising since 2008
  • similar cost to Modesto

The verdict

Corvallis is more expensive than 91% of U.S. metros, an overall cost index of 104.0, 4.0% above the national average, led by rents at 114.4.

top 9%
by overall cost, nationwide
105.3
goods RPP, tradable items
108.6
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $96,138 here; matching a $100K lifestyle takes roughly $104,017.

Latest BEA release change

What changed from 2023 to 2024

Corvallis's overall RPP fell -2.5 points, from 106.5 in 2023 to 104.0 in 2024. The largest category movement was services, changing from 91.8 to 108.6. This is a relative change against the national benchmark, not a household's dollar bill.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 4.7 points over this period. The largest single-year move was in 2018, when the index jumped 4.4 points from the year before.

Corvallis overall RPP, 2008-2024

Every year on record, national average = 100

Up 4.7 pts
95100105110 20082024 99.3 104 ▲ +4.7%
Year Overall
2008 99.3
2009 100.0
2010 97.0
2011 96.2
2012 96.6
2013 96.9
2014 98.8
2015 98.7
2016 98.9
2017 98.8
2018 103.2
2019 103.0
2020 102.7
2021 101.9
2022 106.1
2023 106.5
2024 104.0

Housing-led cost profile

How Corvallis's cost structure works

Housing is the defining pressure in Corvallis: rents index at 114.4, the furthest component above the national benchmark. The overall index of 104.0 places Corvallis in the upper 25% by overall cost; the rent line explains why a similar headline RPP can still require a different housing budget.

Across all reported metros, the closest component-profile matches are Baltimore-Columbia-Towson, MD, Salem, OR, Bend, OR. They resemble Corvallis across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Corvallis's overall index has risen by 4.7 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Corvallis vs every U.S. metro

Where this metro sits in the national cost distribution

104 Top 9% higher than 91% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). Below this entry. 100–104: 54 US metros (14%). Below this entry. 104–108: 17 US metros (4%). This entry sits in this band. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Corvallis cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Corvallis's cost structure is housing-led: rents at 114.4 depart furthest from 100, while services sits at 108.6. This is a rent-sensitive profile, not a claim that every local expense moves together.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Corvallis's cost comes from

Metros near Corvallis's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 105.2, rents 110.3). Corvallis is above the peer median on both rents and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 104.9105105.1105.2105.3105.4 106108110112114116118 Goods RPP (tradable items) → Rents RPP (housing) → CorvallisModestoWenatcheeYuba CityOlympiaSalemBend
Crosshairs sit at the group median (goods 105.2, rents 110.3). Corvallis is above the peer median on both rents and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Corvallis (Corvallis, this metro): goods RPP 105.3, rents RPP 114.4
  • Modesto: goods RPP 105.2, rents RPP 108.5
  • Wenatchee: goods RPP 105, rents RPP 115
  • Yuba City: goods RPP 105.2, rents RPP 108.3
  • Olympia: goods RPP 105, rents RPP 116.7
  • Salem: goods RPP 105.3, rents RPP 110.3
  • Bend: goods RPP 105.3, rents RPP 110

Price Index Summary

Overall

104.0

Above avg

Goods

105.3

Above avg

Services

108.6

Above avg

Rents

114.4

Expensive

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$104,017

in Corvallis, OR purchasing power

$50,000 nationally
$52,009
$75,000 nationally
$78,013
$125,000 nationally
$130,021
$150,000 nationally
$156,026
$200,000 nationally
$208,034

Use the salary calculator for custom amounts.

Affordability score

F
14/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
14th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

OR-relative analysis

Services prices places Corvallis, OR toward the top of OR's metros

Among the 8 OR metros PlainCost tracks with reported services prices data, Corvallis, OR ranks #1 - the 88th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Corvallis, OR only against its own state's metros, not the full US field.

Goods prices
#1 of 8
13th percentile in OR
Services prices
#1 of 8
88th percentile in OR
Rent prices
#2 of 8
75th percentile in OR

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within OR only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Corvallis, OR: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Decision peers

Metros with a similar cost mix

These metros are closest to Corvallis's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Corvallis, OR's index of 104.0.

Showing the 6 closest of 387 metro areas tracked nationally.

Shareable PlainCost cost snapshot for Corvallis cost of living snapshot

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Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

What this means for Corvallis

How to read Corvallis's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $96,138 in Corvallis. Salary calculator
  • Start with rents: it indexes at 114.4, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Corvallis head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Corvallis, OR?

Corvallis, OR has a Regional Price Parity (RPP) index of 104.0, meaning it is 4.0% more expensive than the national average. Goods are indexed at 105.3, services at 108.6, and rents at 114.4. It ranks #36 out of 387 U.S. metro areas by overall cost.

What salary do I need in Corvallis, OR to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $104,017 in Corvallis, OR. Conversely, $100K earned in Corvallis, OR has the purchasing power of $96,138 at the national average.

How expensive is rent in Corvallis, OR?

Rents in Corvallis, OR are indexed at 114.4, which is 14.4% above the national average. This is significantly higher than typical U.S. rents.

Is Corvallis, OR getting more expensive?

From 2008 to 2024, Corvallis, OR's overall cost index changed by +4.7 points (from 99.3 to 104.0). The cost of living has been trending upward.

What costs the most in Corvallis, OR?

The priciest category in Corvallis, OR is rents at 114.4, 14.4% above the national average. The most affordable category is goods at 105.3, 5.3% above average, still the lowest of the three categories.

What metros have a similar cost of living to Corvallis, OR?

Metros with the most similar overall cost index include Modesto, Wenatchee-East Wenatchee, Yuba City. These areas have RPP values within a few points of Corvallis, OR's 104.0.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.