Beaverton offers a unique blend of suburban charm and urban amenities. As more individuals consider relocating to this city, understanding the cost of living becomes paramount for informed decision-making. Today we’ll break down the cost of living in Beaverton in detail, going over everything: healthcare, rent, utilities, transport, and more. Let’s go!
Housing Costs in Beaverton
When it comes to housing, Beaverton has seen a steady rise in both rent prices and housing market trends. The average rent for a one-bedroom apartment is around $1,500 per month, with home prices reflecting the overall growth in the real estate market.
Utilities and Bills
Basic utilities, including electricity, water, heating, and garbage, can cost around $150 to $200 per month for a standard-sized apartment. Additionally, factoring in internet and cable expenses contributes to the overall cost of living.
Transportation Expenses
Public transportation in Beaverton is efficient but comes at a cost. Monthly passes for buses or light rail systems can range from $60 to $100. For those relying on personal vehicles, fuel and maintenance expenses also need to be considered.
Grocery and Food Prices
Residents can expect to spend an average of $300 to $400 per month on groceries. Dining out, while a delightful experience, can add up, with meals at local restaurants costing around $15 to $30 per person.
Healthcare Costs
As we all know, medical insurance is a significant contributor to the cost of living. Premiums can vary, but on average, residents can expect to pay between $300 and $500 per month.
Education Costs
The costs of education can vary based on the type of school and level of education. Here’s a general overview:
- Public Schools: Beaverton is served by the Beaverton School District, which includes a mix of elementary, middle, and high schools. Public education in Oregon is funded through state and local taxes, so there are typically no tuition fees for attending public schools. However, there may be additional costs for school supplies, extracurricular activities, and optional programs.
- Private Schools: Private schools in Beaverton have tuition fees, and the costs can vary widely. Some notable private schools in the area include Valley Catholic School, Jesuit High School, and Oregon Islamic Academy.
- Higher Education: Beaverton is close to various higher education institutions. Costs for higher education depend on the specific college or university. Portland Community College, located nearby, offers more affordable options for a community college education.
Taxes in Beaverton
The primary types of taxes in Beaverton include:
- Income Tax: Oregon has a graduated individual income tax, with rates going from 4.75% to 9.90%. Beaverton residents are required to pay both state and federal income taxes.
- Property Tax: Property owners in Beaverton are responsible for paying property taxes of 0.82%. These taxes fund local services such as schools, public safety, and infrastructure.
One notable aspect of Beaverton, and Oregon in general, is the absence of a statewide sales tax. Unlike many other states, Oregon does not impose a sales tax on goods and services.
Comparison with Portland
When comparing Beaverton’s cost of living with nearby cities like Portland, factors such as housing, transportation, and healthcare costs may show variations.
While both cities share similar trends in housing costs, with increasing prices, Beaverton often has somewhat more affordable housing options, both for renting and buying. Utilities, transportation, and grocery prices are comparable between the two cities.
Portland, being a larger metropolitan area, may have slightly higher expenses in terms of dining out and entertainment, but these differences can vary depending on specific neighborhoods.
Conclusion
In conclusion, understanding these costs is essential for anyone considering a move to Beaverton. While expenses exist across various aspects, the quality of life and opportunities offered make Beaverton a compelling choice for anyone.