Cost of Living in Portland
Overall index: 130.5 — 18 points above Oregon average. Oregon statewide average: 112.8.
Where your money goes in Portland
Estimated spending breakdown on a $75,000 salary in Portland
Estimated annual spending: $87,159($12,159 over budget)
What things cost in Portland
| Item | Portland | Oregon avg | US avg |
|---|---|---|---|
| Median home price | $520,000 | $490,000 | $360,000 |
| Average 2BR rent | $1,850/mo | $1,784/mo | $1,400/mo |
| Gas (regular) | $4.26/gal | $4.26/gal | $3.50/gal |
| Electric bill | $98/mo | $98/mo | $137/mo |
| Infant childcare | $20,500/yr | $19,064/yr | $13,500/yr |
Index by category
Portland vs Oregon statewide. National average = 100.
FAQ
What is the cost of living in Portland?
Portland has an overall cost-of-living index of 130.5 (national average = 100). This is higher than the Oregon statewide average of 112.8. Median home prices are $520,000 and average 2BR rent is $1,850/month.
Is Portland expensive to live in?
Yes, Portland is more expensive than the national average with an index of 130.5. Housing is the biggest factor at 168% of the national average.
How much does rent cost in Portland?
Average 2-bedroom rent in Portland is $1,850/month, compared to the national average of $1,400/month and the Oregon statewide average of $1,784/month.
What salary do I need to live in Portland?
A $75,000 salary at the national average cost of living is equivalent to $97,875 in Portland. You'll need a higher income to maintain the same standard of living.
Where does this data come from?
Metro-level data combines BEA Regional Price Parities (2024), C2ER COLI metro indices (2025), Zillow ZHVI/ZORI metro data (2024-2025), and state-level data from MERIC, AAA, EIA, and Child Care Aware.
Related tools
- Oregon Cost of Living — Statewide averages and all metro areas
- Oregon Paycheck Calculator — Calculate take-home pay
- House Affordability in Oregon — How much house can you afford?
- Compare any two states
Metro-level data from BEA Regional Price Parities (2024), C2ER COLI (2025), and Zillow ZHVI (2024-2025). Where metro data is unavailable, Oregon statewide averages are used.