Cost of Living in Portland, OR
Portland has a cost of living index of 130 (100 = national average), making it significantly more expensive than the national average. The median household income is $73,097 and the median home price is $520,000.
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Portland at a Glance
Population
635,067
Cost of Living Index
130
Median Income
$73,097
Median Home Price
$520,000
Property Tax Rate
0.98%
Sales Tax Rate
0.00%
Rent Index
125
State
Oregon
Living in Portland
Portland is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $520,000. However, the median household income of $73,097 partially offsets the higher costs.
The combined sales tax rate in Portland is 0.00%, and the effective property tax rate is 0.98%. Property taxes are close to the national average.