Housing costs in Portland?
A typical home costs
$316,300, which is 6.4% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Portland costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$1,660.
Can I afford Portland?
To live comfortably in Portland, Connecticut, a minimum annual income of
$60,480 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in Portland, CT is quite reasonable. According to BestPlaces, the overall cost of living index is 80.91, which is 6% lower than the Connecticut average. Housing costs are 11% lower than the Connecticut average, with an average rent for a one-bedroom apartment in the city being around $800 per month. Groceries and other necessities also tend to be affordable, making it easier for everyday life expenses to fit into a budget. Overall, Portland, CT is a great place to live for those looking for an affordable lifestyle without having to sacrifice too much in terms of quality of life or amenities.