Cost of Living in Portland, OR
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Portland is $1,680, while home prices circle around $616,586.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Portland, energy bills cost around $146.06 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.38 in Portland, a dozen eggs go for around $2.30 and a pound of potatoes circles around $2.65.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Portland, an optometry check-up costs around $146.25, while a dentist appointment is priced $101.75 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.79 in Portland, while getting your tires balanced will run you about $68.40.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $41.89 here. Meanwhile, a pair of women's slacks will set you back around $31.63.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Portland, you should budget around $11.07 a month. When it comes to personal services, a haircut usually goes for $35.54, while dry cleaning costs about $14.85.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Portland, the median household income is $73,159.