Housing costs in Portland?
A typical home costs
$566,400, which is 67.5% more expensive than the national average of
$338,100 and 20.9% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$2,270 per month, which is 49.3% more than the national average of
$1,520 and 18.9% more than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97211), Oregon, a minimum annual income of
$108,360 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about Portland?
97211 Portland, OR is an expensive place to live. The median home price in the area is $479,300 and the cost of living index is 127.5, which is significantly higher than the national average of 100. Renters may be better off in terms of budgeting since the median rent is $1,297 per month. Groceries and health care tend to be more expensive as well, with prices being 14% and 11% above the national averages respectively. That said, those that are able to afford living in 97211 Portland, OR can enjoy a quality of life that includes access to parks and great dining scenes.