Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Applegate

Is it better to rent or buy in Applegate? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to Applegate Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$58,346
$844/mo

Median in area: $844

$125,700

Median in area: $125,700

$25,140

If you Rent

$1,092 /mo
Base Rent$844
Est. Utilities$248
% of Income22.5%
Pre-tax Residual$3,770

If you Buy

$1,074 /mo
P&I (7.002%)$669
Taxes & Ins$157
Est. Utilities$248
% of Income22.1%
Pre-tax Residual$3,788

Cost of Living FAQs

Is it cheaper to rent or buy in Applegate?›

Based on median housing data, buying is currently more affordable on a monthly basis in Applegate. The estimated all-in monthly cost for renting is $1,092, while owning a median-priced home with a 20% down payment is roughly $1,074 per month (a difference of $18).

How much do utilities cost in Applegate?›

The average monthly utility cost (electricity and natural gas) for a typical home in Applegate is approximately $248. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Applegate?›

To comfortably afford the median rent and utilities in Applegate without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,680 per year.