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2024 BEA RPP All 4 categories Federal source

Medford, OR

Cost-of-living indicators for Medford, OR, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 32780 · Data year: 2024 · Rank: #62 of 387

Medford, OR has a cost of living index of 101.4, meaning it's 1.4% more expensive than the national average. Goods cost 5.3% more, services 2.3% more, and rents are 2.3% below average. A $100K national salary has the purchasing power of $98,587 here.

What the Numbers Mean for Medford

Medford ranks #62 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 101.4, Medford, OR is 1.4% more expensive than the national baseline of 100. The gap between Medford's most and least expensive categories — goods at 105.3 versus rents at 97.7 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $98,587 inside Medford, while a household needs roughly $101,433 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 97.7 — 2.3% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Medford's overall index has risen by 4.0 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 105.3 and services at 102.3, meaning everyday spending in Medford is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Medford Cost Index at a Glance

Medford all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100101.4

Medford category breakdown

BEA RPP composition by goods, services, rents, overall

Rents97.658Services102.266Goods105.261Overall101.433

Price Index Summary

Overall

101.4

+1.4 above avg

Goods

105.3

+5.3 above avg

Services

102.3

+2.3 above avg

Rents

97.7

-2.3 below avg

Price Index vs National Average (100)

Overall
National avg

Index 101.4 (+1.4 vs national avg)

Goods
National avg

Index 105.3 (+5.3 vs national avg)

Services
National avg

Index 102.3 (+2.3 vs national avg)

Rents
National avg

Index 97.7 (-2.3 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Goods +5.3% (105.3)
Services +2.3% (102.3)
Overall +1.4% (101.4)

Below National Average

Rents -2.3% (97.7)

Income Adequacy in Medford

Medford income adequacy score

$75,000 median income vs RPP 101.4

0/100100/10099/100

Salary Equivalent

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

$101,433

in Medford, OR purchasing power

$50,000 nationally
$50,717
$75,000 nationally
$76,075
$125,000 nationally
$126,791
$150,000 nationally
$152,150
$200,000 nationally
$202,866

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 4.0 points over this period.

Year Overall
2008 97.5
2009 99.6
2010 98.7
2011 102.0
2012 100.9
2013 97.2
2014 98.4
2015 98.7
2016 98.1
2017 100.0
2018 102.6
2019 99.9
2020 101.9
2021 102.2
2022 105.7
2023 103.4
2024 101.4

Related Data for Medford

Frequently Asked Questions

What is the cost of living in Medford, OR?
Medford, OR has a Regional Price Parity (RPP) index of 101.4, meaning it is 1.4% more expensive than the national average. Goods are indexed at 105.3, services at 102.3, and rents at 97.7. It ranks #62 out of 387 U.S. metro areas by overall cost.
What salary do I need in Medford, OR to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $101,433 in Medford, OR. Conversely, $100K earned in Medford, OR has the purchasing power of $98,587 at the national average.
How expensive is rent in Medford, OR?
Rents in Medford, OR are indexed at 97.7, which is 2.3% below the national average. This is close to the U.S. average.
Is Medford, OR getting more expensive?
From 2008 to 2024, Medford, OR's overall cost index changed by +4.0 points (from 97.5 to 101.4). The cost of living has been trending upward.
What costs the most in Medford, OR?
The most expensive category in Medford, OR is goods at 105.3, which is 5.3% above the national average. The most affordable category is rents at 97.7, 2.3% below average.
What metros have a similar cost of living to Medford, OR?
Metros with the most similar overall cost index include Orlando-Kissimmee-Sanford, Eugene-Springfield, Hanford-Corcoran. These areas have RPP values within a few points of Medford, OR's 101.4.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

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.

All federal data sources used on this page