Oregon · Population 112,818 · Updated March 2026
How far your income goes in Gresham
State-level tax rates that affect your costs
Gresham is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 119 (where 100 equals the national median), Gresham residents can expect to pay median rent of $1,508/month while earning a median household income of $73,608/year.
The median home value in Gresham, OR is $440,000, with typical monthly owner costs around $1,590 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Oregon's top income tax rate of 9.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 0% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Gresham.
Common questions about living costs in Gresham
Similar-sized cities to compare
Compare the cost of living in Gresham, OR with 299 other major U.S. cities