Cost of living in Lake Oswego, Oregon

Lake Oswego, Oregon has about 40,381 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $932,200.

HUD's fair-market rent for a 2-bedroom in Clackamas County is $1,878 a month. That is the county number, not an apartment listing in Lake Oswego. It runs from October 2026 through September 2027.

In the Portland-Vancouver-Hillsboro, OR-WA metro area, prices sit at 105.4 when the U.S. average is 100. That is a 2024 BEA index.

Oregon taxes wages. A typical combined sales tax is 0.0% as of January 1, 2026. That mix is statewide, not Lake Oswego's exact store tax.

Some places in Oregon add a local wage tax. In 2023 the state average was about 0.18% of income. That is not a Lake Oswego bill.

In July 2026, a typical Oregon home paid 15.97¢ per kilowatt-hour. That is a state average from EIA, not Lake Oswego's bill.

EIA does not publish a Oregon gasoline price. The West Coast (PADD 5) Except California all-grades price was $5.167 a gallon on September 15, 2026. The weekly file does not include that series, so this is the monthly price. At 12,000 miles a year and 25 mpg, the index counts that as $2,480.16 a year. Those miles are our standard, not a Census figure, and every town in Oregon shares this price.

Among 208 places we list in Oregon with a rent figure, 4 have higher typical rent than Lake Oswego.