Retirement in Oregon

Overview

 

Oregon is known for its dynamic outdoor lifestyle and cultural events like the Oregon Shakespeare Festival, Britt Festivals, and the Medford Jazz Festival.

 

The other interesting destinations in Oregon include Portland Metro, Mt. Hood, Oregon Coast, Rogue River National Forest, Crater Lake National Park, and Mount Ashland. The Oregon coastal areas are spectacular, and the small towns along the coast are both retirement-friendly and uncommonly beautiful.

If you are an outdoor enthusiast and looking for an active lifestyle, then Retirement Homes in Oregon may be an ideal choice for you. So get ready to spend your golden years hiking, cross-country skiing, sailing, biking, white water rafting, and scuba diving in Oregon. Oregon is also one of the most environmentally conscious states in the US.

 

 

Oregon - at a Glance

 

 

Population Climate State Income Tax State Sales Tax Median Home Price
3,421,399 Cold winters, Hot Summers in Eastern Oregon, Moderate to Cool Summer in Central and Costal Oregon 5% to 9% None $ 442,674.00

Pros:There is full exclusion of Social Security retirement benefits from the state income taxes.

Cons:There is very less precipitation in the Alvord Desert region of eastern Oregon.

Cost of Living in Oregon

 

The above table shows the cost of living in Oregon by category of expense as a percentage as compared to national averages, which are normalized to100%.

The absence of a sales tax in Oregon significantly reduces the cost of consumer items. As one can see, retirement (or living) in Oregon is near the national average in cost. Many retired residents, or those seeking second careers, choose small town or rural locations, which offer lower housing costs. For example, if you are looking for a retirement location in Oregon, you may choose a community such as Bend. Bend, Oregon, is known for its excellent local breweries, museums, theaters, restaurants, and galleries. A scenic park lines the river running through Bend. If you choose to find a retirement home in Bend, the approx prices you can expect to pay for various goods and services* would be:

Coffee - $4.44

Cereal - $3.93

Orange juice - $4.02

Half gallon milk - $1.92

Dozen eggs - $1.95

Tuna - $0.87

Wine - $7.04

* As of October 2007