CostIndexUSA

Medford, OR vs Roanoke, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Medford
101.4
overall index
$1,700/mo rent
More AffordableVA
Roanoke
93.6
overall index
$1,350/mo rent

Roanoke is moderately cheaper than Medford — 7.7% lower overall cost of living.

To match an $80,000 salary in Medford, you would need $73,800 in Roanoke. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing19.7%
Medford
97.7
Roanoke
78.5
🛒 Groceries8.1%
Medford
105.3
Roanoke
96.8
🚗 Transportation1.7%
Medford
105.3
Roanoke
103.5
🏥 Healthcare1.7%
Medford
95.3
Roanoke
93.7
Utilities13.1%
Medford
102.3
Roanoke
88.9

Salary Equivalency Calculator

Enter your current salary in Medford to see what you'd need to earn in Roanoke to maintain the same purchasing power.

$
Equivalent salary in Roanoke, VA
$73,800
$6,200 less needed in Roanoke

Formula: salary × (93.6 ÷ 101.4) = salary × 0.9231. Based on BEA Regional Price Parities.

Housing Market

Medford, OR

Median Home Price
$425,000
Median Monthly Rent
$1,700
Housing Index
97.7
Price-to-Rent Ratio
20.8×

Roanoke, VA

Median Home Price
$287,000
Median Monthly Rent
$1,350
Housing Index
78.5
Price-to-Rent Ratio
17.7×

Medford has 19.7% lower housing costs compared to Roanoke.

Income & Job Market

Medford, OR

Median Household Income
$71,700
Per Capita Income
$40,900
Unemployment Rate
4.3%
Population
85,824
Top Industries
HealthcareAgricultureRetailManufacturingTourism

Roanoke, VA

Median Household Income
$65,500
Per Capita Income
$37,300
Unemployment Rate
3.2%
Population
99,394
Top Industries
HealthcareManufacturingRetailFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Medford, OR
3.5×income-to-rent ratio

72% of income left after rent (median)

Roanoke, VA
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.