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.

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