Housing costs in Portland?
A typical home costs
$286,900, which is 15.1% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Portland costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 9.3% more than the state average of
$1,070.
Can I afford Portland?
To live comfortably in Portland, Tennessee, a minimum annual income of
$55,080 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Portland?
Living in Portland, TN is quite affordable. The cost of living index is 85.1, which is 15.9% lower than the U.S. average. Housing costs make up the biggest chunk of expenses, at an average of $133,400 for a typical three-bedroom home. Other costs such as groceries and utilities are also much lower than the national average, making Portland a great place for budget-conscious individuals and families to live. Not only that, but with plenty of local amenities and attractions such as the Cumberland River Greenway and multiple parks to explore, there's something for everyone in Portland!