Housing costs in Portland?
A typical home costs
$710,700, which is 110.2% more expensive than the national average of
$338,100 and 51.7% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,990 per month, which is 30.9% more than the national average of
$1,520 and 7.5% more than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97212), Oregon, a minimum annual income of
$136,080 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97212 Portland, OR is relatively high compared to the rest of the country. According to BestPlaces, the cost of living index is 37% higher than the US average. Housing costs are especially high, with a median monthly rent for a one-bedroom apartment at $1,739. Eating out and groceries are also expensive as restaurants have an 18% higher cost than the national average and grocery prices are 15% higher than the US average. Despite this, it's still possible to find affordable options if you look hard enough and research what's available in the area.