Housing costs in Portland?
A typical home costs
$520,000, which is 53.8% more expensive than the national average of
$338,100 and 1.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Portland costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 16.2% cheaper than the state average of
$1,650.
Can I afford Portland?
To live comfortably in Portland, Colorado, a minimum annual income of
$99,720 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in Portland, CO is slightly higher than the national average. Housing costs are slightly higher than average, with median rents being around $1,400 per month for a two-bedroom unit. The cost of utilities and other necessities like groceries is also slightly above the national average. Despite this, Portland remains an attractive option for many due to its unique culture and vibrancy. Overall, the city offers a great quality of life at a reasonable price.