Housing costs in Portland?
A typical home costs
$389,600, which is 15.2% more expensive than the national average of
$338,100 and 16.8% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,630 per month, which is 7.2% more than the national average of
$1,520 and 12.9% cheaper than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97233), Oregon, a minimum annual income of
$74,520 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 97233 Portland, OR is slightly higher than average when compared to the rest of the United States. However, this is largely due to the high level of amenities and services in this area. Residents can expect to pay higher than average rent prices for apartments and houses, as well as higher costs for utilities and groceries. Transportation costs are also higher, particularly for public transportation, but overall these expenses still remain within a reasonable range relative to other areas. Fortunately, there are plenty of affordable options available for people looking to budget their expenditures and make ends meet each month.