Housing costs in Portland?
A typical home costs
$594,000, which is 75.7% more expensive than the national average of
$338,100 and 26.8% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,960 per month, which is 28.9% more than the national average of
$1,520 and 6.1% more than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97219), Oregon, a minimum annual income of
$113,760 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97219 Portland, OR is relatively high compared to other areas in the United States. According to BestPlaces, the cost of living index for this area is 114.2, which is 14.2 percent higher than the national average. Rent prices in 97219 Portland are relatively high compared to other cities around the country, with an average one bedroom apartment costing nearly $1,500 per month. Groceries and restaurant prices are also more expensive here than they are nationally. However, public transportation in Portland is very affordable and efficient, making it easy to get around without having to own a car.