Housing costs in Portland?
A typical home costs
$561,000, which is 65.9% more expensive than the national average of
$338,100 and 19.8% more 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 97205), Oregon, a minimum annual income of
$107,640 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Portland?
97205 Portland, OR has an average cost of living that is slightly above the national average. The median home price in 97205 is around $367,000 and rents in the area range from $1,200 to nearly $2,000 per month. Utilities run about 21% higher than the national median. Groceries are about 7% cheaper than the national median. Transportation costs are on par with the US Average. Overall, 97205 has a higher than average cost of living, but provides its residents with access to many outdoor activities and plenty of green spaces throughout the city.