Housing costs in Portland?
A typical home costs
$334,400, which is 1.1% less expensive than the national average of
$338,100 and 7.6% 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 (zip 06480), Connecticut, a minimum annual income of
$64,080 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 06480 Portland, CT is slightly higher than the national average, but still relatively affordable. The median home value is around $220,000 and the median rent price is around $900. The cost of groceries, utilities, and transportation are all on par with national averages. Despite being a small town, there are plenty of restaurants, bars, and entertainment options that offer great prices for residents. Overall, Portland offers an excellent quality of life at a reasonable cost.