Housing costs in Portland?
A typical home costs
$449,200, which is 32.9% more expensive than the national average of
$338,100 and 4.1% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,720 per month, which is 13.2% more than the national average of
$1,520 and 7.0% cheaper than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97230), Oregon, a minimum annual income of
$86,040 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97230 Portland, OR is considered to be quite high. The median home price is $402,100. Renters will spend an average of $2,082 per month for a one bedroom apartment in the neighborhood. Utilities are also relatively expensive with a combined bill for all basic amenities running an average of $150 per month. Groceries are also more costly than the national average and transportation is slightly more expensive as well. All in all, the cost of living in 97230 Portland, OR is significantly higher than the national average and should be considered when planning to move to the area.