Two Oregon towns have recently been named among the 10 most expensive in the United States. According to a study reported by KGW.com, the towns of Lake Oswego and West Linn have made the list due to their high cost of living.
Lake Oswego, known for its picturesque waterfront views and upscale homes, has long been considered a desirable place to live in the Portland metropolitan area. With a median home price of over $700,000, it is no surprise that this affluent community has landed in the top 10 most expensive towns in the country.
West Linn, another affluent suburb located just south of Portland, also made the list due to its high housing costs. The median home price in West Linn is over $600,000, making it one of the most expensive places to live in the US.
The study’s findings highlight the growing issue of housing affordability in Oregon, particularly in the Portland area. As housing prices continue to rise, many residents are finding it increasingly difficult to afford to live in these affluent communities.
While living in Lake Oswego and West Linn may come with a hefty price tag, residents can enjoy a high quality of life with access to top-rated schools, beautiful parks, and a strong sense of community. Despite the high cost of living, many are willing to pay a premium to live in these desirable towns.
As Oregon continues to attract new residents and businesses, it is likely that the housing market in Lake Oswego and West Linn will remain competitive and prices will continue to rise. For those looking to make a move to these affluent communities, it is important to carefully consider the costs and benefits before taking the plunge.
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