Cost of Living Breakdown
The cost of living in Portland, OR is 30% higher than the national average. Here's how each category compares:
| Category | Index | vs National Avg |
|---|---|---|
| Overall | 130 | +30% |
| Housing | 162 | +62% |
| Groceries | 105 | +5% |
| Utilities | 97 | -3% |
| Transportation | 115 | +15% |
| Healthcare | 106 | +6% |
Housing Costs in Portland
Housing is typically the largest expense. In Portland, the housing index is 162 (national average = 100).
- Median home price: $520,000
- Median rent (1 bedroom): $1,600/month
- Median rent (2 bedrooms): $1,950/month
- Annual rent (1BR): $19,200/year
Housing in Portland is significantly more expensive than average. Consider our mortgage calculator to understand what you can afford.
How Much Do You Need to Earn in Portland?
To maintain the equivalent of a $50,000 salary at the national average cost of living, you would need to earn approximately $65,000 in Portland. The median household income of $76,231 translates to a monthly budget of approximately $6,353.
Groceries & Everyday Expenses
The grocery index in Portland is 105. Grocery prices are close to the national average.
Transportation & Utilities
Transportation costs sit at an index of 115, while utilities come in at 97. Transportation costs are reasonable compared to other major cities.
Healthcare
Healthcare costs in Portland are indexed at 106. Healthcare costs are close to or below the national average.
Compare to Oregon
See statewide salary and tax data on our average salary in Oregon page. Also see income data for this city on our average salary in Portland page.
Financial Tools
Use our free calculators to plan your finances in Portland:
- Mortgage Calculator — estimate your monthly home payment
- Home Affordability Calculator — see how much house you can afford
- Salary Calculator — convert hourly to annual pay
- Savings Goal Calculator — plan for your move or down payment