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Cost of Living in Grants Pass

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

Rent vs. Buy Affordability Calculator

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

$63,063
$1,218/mo

Median in area: $1,218

$407,563

Median in area: $407,563

$81,513

If you Rent

🔑
$1,349 /mo
Base Rent$1,218
Est. Utilities$131
% of Income25.7%
Pre-tax Residual$3,906

If you Buy

🏠
$2,433 /mo
P&I (6.5%)$2,061
Taxes & Ins$241
Est. Utilities$131
% of Income46.3%
Pre-tax Residual$2,822

Cost of Living FAQs

Is it cheaper to rent or buy in Grants Pass?

Based on median housing data, renting is currently more affordable on a monthly basis in Grants Pass. The estimated all-in monthly cost for renting is $1,349, while owning a median-priced home with a 20% down payment is roughly $2,433 per month (a difference of $1,084).

How much do utilities cost in Grants Pass?

The average monthly utility cost (electricity and natural gas) for a typical home in Grants Pass is approximately $131. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Grants Pass?

To comfortably afford the median rent and utilities in Grants Pass without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $53,960 per year.