Housing costs in Portland?
A typical home costs
$538,400, which is 59.2% more expensive than the national average of
$338,100 and 14.9% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$2,360 per month, which is 55.3% more than the national average of
$1,520 and 22.0% more than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97209), Oregon, a minimum annual income of
$103,320 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97209 Portland, OR is quite high. The median home value is $467,100, which is significantly higher than the national median of $184,700. Rent prices are also quite high with a median rent of $1,817 per month. These costs can be offset somewhat by the area's relatively low taxes and utilities costs. Grocery and healthcare costs are also on the higher end, but overall Portland remains an affordable city to live in with a wide range of amenities.