Housing costs in Portland?
A typical home costs
$540,700, which is 59.9% more expensive than the national average of
$338,100 and 15.4% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,540 per month, which is 1.3% more than the national average of
$1,520 and 19.5% cheaper than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97204), Oregon, a minimum annual income of
$103,680 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97204 Portland, OR is relatively high compared to other parts of the country. According to Best Places, the average cost of living index is 144, which is significantly higher than the national average of 100. Housing costs are particularly expensive in the area, with a median home value of $336,100 and monthly rent for a two-bedroom apartment averaging around $1,495. Groceries and healthcare also tend to be slightly more costly than the national average. Despite this relatively high cost of living, there many advantages to living in 97204 Portland, OR such as beautiful surroundings and access to excellent job opportunities.