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Cost of Living in Pendleton

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

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Rent vs. Buy Affordability Calculator

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

$72,352
$946/mo

Median in area: $946

$241,564

Median in area: $241,564

$48,313

If you Rent

$1,022 /mo
Base Rent$946
Est. Utilities$76
% of Income17.0%
Pre-tax Residual$5,007

If you Buy

$1,721 /mo
P&I (6.883%)$1,271
Taxes & Ins$374
Est. Utilities$76
% of Income28.5%
Pre-tax Residual$4,309

Cost of Living FAQs

Is it cheaper to rent or buy in Pendleton?›

Based on median housing data, renting is currently more affordable on a monthly basis in Pendleton. The estimated all-in monthly cost for renting is $1,022, while owning a median-priced home with a 20% down payment is roughly $1,721 per month (a difference of $699).

How much do utilities cost in Pendleton?›

The average monthly utility cost (electricity and natural gas) for a typical home in Pendleton is approximately $76. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Pendleton without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $40,880 per year.