Cost of Living in Portland, IN
Population 6,341 · Indiana · Data vintage 2023
(100 = US avg)
Portland's median household income of $45,431 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (17% here).
Located 45 miles south of Fort Wayne, Portland falls within that metro's commuting orbit. Median home values run roughly 47% lower than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Portland
The median home value in Portland is $90,600 — 70% below the national median of $305,000. Median rent runs $722/month, 45% lower than the national median of $1,314/month. The median household income of $45,431/year is 39% lower than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Portland has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.
Portland has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Portland, IN?
Portland has a cost index of 40 (100 = national average). It is 60% below the national average.
What is average rent in Portland, IN?
The median gross rent in Portland is $722 per month based on 2023 Census data.
What is the average home price in Portland?
The median home value in Portland is $90,600 according to Zillow and Census data.
What is the median income in Portland?
The median household income in Portland is $45,431 per year (2023 ACS 5-year estimates).
What is the sales tax in Portland, IN?
The combined state and local sales tax rate in Portland is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Portland, IN affordable?
Yes, Portland is generally considered affordable, with a cost of living index of 40 — about 60% below the US national average of 100.
Portland at a Glance
- Population
- 6,341
- Median Income
- $45,431
- Home Value
- $90,600
- Median Rent
- $722/mo
- Unemployment
- 4.7%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
Similar Cost Cities
Cities in other states with comparable housing costs