Housing costs in Portland?
A typical home costs
$281,900, which is 16.6% less expensive than the national average of
$338,100 and 1.6% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Portland costs
$1,150 per month, which is 7.5% more than the national average of
$1,070 and 20.0% cheaper than the state average of
$1,380.
Can I afford Portland?
To live comfortably in Portland (zip 37148), Tennessee, a minimum annual income of
$54,000 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 37148 Portland, TN is relatively low compared to other regions. The overall cost of living index is 80.3, which is 20 percent lower than the national average and considered to be very affordable. Housing in particular is much cheaper than the national average, with an index of 61.4. This means that renters and homeowners can find spacious and comfortable places for a fraction of what it would cost in other areas. Additionally, the cost of food, transportation, utilities, and healthcare are all below average as well. Overall, 37148 Portland offers a great quality of life for people looking for an affordable place to live.