Oregon is 7.0% cheaper than Washington. The cost of living in Oregon generally decreases. There are cheap housing opportunities in eastern Washington and on the Olympic Peninsula, but the Puget Sound region is more expensive than Oregon. On the contrary, only the Portland metropolitan area can offer this type of housing.
The price of homes in Oregon is slightly cheaper than the national average, but it is significantly higher. The good news about Washington is that it has a personal income tax and is low enough in sales tax that you don't have to choose it. The bad news from Oregon is that there is another tax and it's high enough. Income taxes are another consideration when deciding whether to buy a home in Washington or Oregon.
And there is a clear difference here. Washington is one of seven states in the country that do not charge income taxes. Oregon, on the other hand, does collect income tax from its residents. However, Oregon does not charge a sales tax on purchased goods, while Washington has a sales tax of up to 10%.
Oregon isn't noticeably cheaper when it comes to housing. House prices in Oregon are slightly lower than in Washington, but they have been rising steadily in recent years. Unless you live in the heart of central Oregon, it's so easy to find a quiet neighborhood to live in. Washington residents, on the other hand, while paying sales taxes, do not pay income taxes and house prices are much lower than their Oregon neighbors.
Washington State is a better destination to retire if you want to spend your golden years in a fast-paced city. Even though Washington schools have well-paid teachers and a greater focus on students, they don't perform as well as other states when it comes to standardized test scores. Anyway, by the time the tax money goes to Washington and returns to the local community, it's probably 10 cents on the dollar, so it's also very inefficient. Real estate prices in Oregon are a little cheaper than nationally, although they are higher than both.
Although Oregon has one of the highest income tax rates in the country, the state currently has no sales tax. Those looking to buy a new home have many amazing places to choose from in the region, including Washington and Oregon. I just moved to Portland %26 each one keeps saying I'm traveling to work from Washington, but I'm grateful for their honest opinion. The population is very dense in many areas of Washington, and this makes it very easy for traffic to become very congested.
If you want to see a graph of median house prices over the years in Washington, go to this website. Washington and Oregon are great places to live, and they have a very similar climate, but it's up to you to decide where you want to live. Enjoying the fresh air and nature is an important part of Washington's culture, even if you don't want to play on the playground. The cost of buying a home in Washington isn't cheap, and prices can be shocking for many first-time buyers.
Perhaps high income tax, high property taxes, or regulations are making producers prefer to do business in Washington, resulting in a higher equilibrium price in Portland.
