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Metro profile · Corvallis, OR

Cost of living in Corvallis, OR

97,728 people (Census 2025 estimate). Overall prices are 4.0% above the US average, with housing at 114.4 on BEA’s index (US = 100). A single renter on $60,000 keeps $650 a month after 2026 taxes and modeled costs.

Data:Income tax: 2026 law · HUD Fair Market Rents FY2027 · Census ACS 5-year 2020-2024 · BEA Regional Price Parities 2024 · DOL childcare prices 2022 · USDA food plans August 2026 · EIA energy prices electricity 2025, natural gas 2024, gasoline week ending 2026-10-05 · State sales tax 2026-10-13 · sources & methods
Price level
104.0
US = 100 · 36th of 387
2-BR Fair Market Rent
$1,857
HUD FY2027 · 58th highest
Median home value
$513,000
ACS 2020-2024
Property tax rate
0.95%
effective, ACS median taxes ÷ value
Median household income
$77,702
ACS 2020-2024

Typical household budgets in Corvallis, OR

Computed by MoveMath’s engine with 2026 tax law, HUD Fair Market Rent for the bedrooms each household needs, DOL 2022 childcare prices for Benton County, OR in current dollars, USDA Moderate-Cost food, one car per adult and $1,000 a month of other spending at US-average prices scaled by local price levels.

Per monthSingle, $60kCouple + toddler, $110kFamily of four, $77,702
Gross income$5,000$9,167$6,475
Taxes$1,167$1,912$968
Take-home pay$3,833$7,255$5,507
Housing$1,487$1,857$1,857
Childcare$0$1,655$1,753
Food$464$1,040$1,350
Transportation$205$409$409
Other goods & services$1,028$1,028$1,028
Left over$650$1,265−$890

Family of four = two adults, a preschooler and a school-age child at the metro’s median household income ($77,702). Click a column to open it in the budget planner and change any input.

Price levels: Corvallis, OR vs Oregon and the US

BEA Regional Price Parities, 2024. 100 = US average; bars compare the metro (dark) with Oregon statewide (light).

All items
104.0
Goods
105.3
Housing (rents)
114.4
Utilities
108.6
Other services
100.3

Within Oregon, Corvallis, OR ranks 2nd of 8 metros on overall prices; the state as a whole is at 103.4. The dashed line marks the US average.

Rent and homeownership

UnitHUD Fair Market RentIncome needed at 30%Share of median income
Studio$1,365$54,60021.1%
1-bedroom$1,487$59,48023.0%
2-bedroom$1,857$74,28028.7%
3-bedroom$2,571$102,84039.7%
4-bedroom$3,102$124,08047.9%

FY2027 FMRs for Corvallis, OR MSA: 40th-percentile gross rent (rent + tenant-paid utilities) for standard-quality units. Census median gross rent, all unit sizes: $1,410 (ACS 2020-2024).

Median home value
$513,000
Median property tax paid (metro)
$4,884/yr
P&I, 20% down, 6.5%, 30 yr
$2,594/mo
+ tax + $1,800/yr insurance
$3,151/mo

Check rent against your income · Cost of owning by county

Childcare prices in Benton County, OR

Age bandCenter, weekly (2022)Center, yearly today*Home-based, weekly (2022)Home-based, yearly today*
Infant (under 2)$340$21,624$234$14,879
Toddler (2)$312$19,859$209$13,277
Preschool (3–4)$244$15,520$196$12,428
School-age (5–12)$87$5,520$166$10,538

DOL National Database of Childcare Prices, 2022 county medians for full-time care in Benton County, OR (the metro’s principal county). *52 weeks × 1.2224, the BLS CPI change for day care and preschool from the 2022 average to 2026-08.

Taxes: what you keep in Corvallis

Single filer, 2026$50,000$75,000$120,000
Federal income tax$3,820$7,670$17,570
Social Security + Medicare$3,825$5,738$9,180
Oregon income tax$3,208$5,059$9,162
Oregon payroll taxes$350$525$840
Take-home pay / month$3,233$4,667$6,937
Share of pay to taxes22.4%25.3%30.6%

No mandatory local income tax for residents of Corvallis in our data. State sales tax: 0% (state rate only; local rates add on), groceries exempt.

Calculate take-home pay for your household in Corvallis, OR

Energy and fuel

Avg residential electric bill (Oregon)
$134/mo
866 kWh at 15.46¢
Residential natural gas
$15.71/Mcf
Oregon average
Regular gasoline
$5.12/gal
West Coast less California (PADD)

EIA: electricity 2025, natural gas 2024, gasoline week ending 2026-10-05. Renters’ utilities are already inside gross rent.

Nearby metros

MetroDistancePrice level2-BR FMRSingle $60k left over
Corvallis, OR—104.0$1,857$650
Albany, OR · compare10 mi102.1$1,726$724 (+$74)
Salem, OR · compare27 mi103.6$1,692$843 (+$193)
Eugene, OR · compare36 mi101.6$1,546$955 (+$305)
Portland, OR-WA · compare74 mi105.4$1,878$505 (−$145)
Bend, OR · compare104 mi103.6$1,893$690 (+$40)
Longview, WA · compare110 mi97.5$1,398$1,270 (+$620)
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Frequently asked questions

Is Corvallis, OR expensive to live in?+

BEA’s Regional Price Parities put overall prices in the Corvallis, OR metro at 104.0 (US = 100) in 2024 — 4.0% above the national average and the 36th highest of 387 metros. Housing is 114.4, goods 105.3.

What salary do you need to live in Corvallis, OR?+

A single renter earning $60,000 keeps $3,833 a month after 2026 taxes and has $650 left after rent at HUD Fair Market Rent, food, fuel, sales tax and other modeled costs. Use the cost of living calculator to find the salary that matches your current budget.

How much is rent in Corvallis, OR?+

HUD’s FY2027 Fair Market Rent — the 40th-percentile gross rent including utilities — is $1,487 for a 1-bedroom and $1,857 for a 2-bedroom. The Census median gross rent for all units is $1,410.

Does Corvallis have a local income tax?+

No mandatory local income tax applies to residents of Corvallis in our 2026 data. Oregon state income tax does apply.