Is $40K a Good Salary in Eugene, OR?
Full budget breakdown for Eugene on $40K/year — take-home after taxes, rent burden, what you can afford, and how it compares to the city median.
Monthly budget in Eugene on $40K
US average equivalent
$37,000
Your $40K in Eugene (COL: 107) buys the same as $37,000/yr in a city with average US cost of living.
vs Eugene median
-31%
The median household income in Eugene is $58,000/yr. You're earning 31% below that.
Cities where $40K goes further
These cities have a lower rent burden at $40K than Eugene.
Other salary levels in Eugene
Frequently asked questions
Is $40K a good salary in Eugene?
$40K/year in Eugene gives you approximately $2,398/month in take-home pay after federal and state taxes. With a median 1BR rent of $1,650/month, your rent burden is 69% of take-home — which is considered difficult. Eugene is on the expensive side for this salary, ranking #140 out of 179 cities.
How much is $40K after taxes in Eugene?
On $40K/year in Eugene (OR), you take home approximately $2,398/month after federal income tax, 9.9% OR state income tax, and FICA. That is roughly $28,776/year net.
What is the cost of living in Eugene on $40K?
Monthly estimated costs in Eugene: rent $1,650, groceries ~$395, transportation ~$82, utilities ~$128, internet ~$65. Total estimated expenses: ~$2,320/month, leaving ~$78/month after essentials on a $40K salary.
Tax estimates use 2026 brackets · Rent data: Zillow Observed Rent Index · Budget figures are estimates for general guidance only