Housing costs in Portland?
A typical home costs
$574,700, which is 70.0% more expensive than the national average of
$338,100 and 22.7% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$2,430 per month, which is 59.9% more than the national average of
$1,520 and 24.3% more than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97201), Oregon, a minimum annual income of
$110,160 for a family, and
$85,200 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97201 Portland, OR is relatively high. The median home price is around $400,000 and the median rent is around $1,500 per month. Utilities can be expensive as well, with average monthly electric bills being around $100 and water/sewer bills ranging from about $60-$90. Transportation costs can also add up quickly, with a monthly transit pass costing about $100 and an Uber or Lyft ride costing an average of between $10-$15. All in all, 97201 Portland, OR is quite pricey when it comes to the cost of living.