Cost of Living in Portland, MI

Population 3,821 · Michigan · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Portland can reasonably expect a home to cost less than three years of household income — $165,000 against $65,116 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.

Located 20 miles northwest of Lansing, Portland falls within that metro's commuting orbit. Median home values run roughly 38% higher than Lansing's $119,000.

Cost Overview

Housing 54
Rent 77

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Portland

The median home value in Portland is $165,000 — 46% below the national median of $305,000. Median rent runs $1,016/month, 23% lower than the national median of $1,314/month. The median household income of $65,116/year is 13% lower than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Portland has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$165,000
46% below avg
Zillow Home Value
$279,520
Zillow ZHVI
Median Rent
$1,016/mo
23% below avg
Price-to-Rent Ratio
13.5x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 64.9%
Renter-occupied 35.1%

💰 Estimated Monthly Budget

Rent median rent
$1,016
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,630/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.9 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
87.8%
Carpooled
4.2%
Walked
1.8%
Work from home
6.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$65,116
13% below avg
Per Capita Income
$37,563
Unemployment Rate
2.4%
51% below avg
Poverty Rate
6.7%
Labor Force Participation
58.4%

🎓 Education

Bachelor's degree+ 20.9%
Graduate degree 5.2%

👥 Demographics

Median Age 39.4
Male median age 33.8
Female median age 39.7

🏫 Schools

NCES CCD 2019 — public school district data

72%
4-Year Graduation Rate
19.4:1
Student-teacher ratio
4
Public schools
2,098
Total enrollment

Frequently Asked Questions

What is the cost of living in Portland, MI?

Portland has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Portland, MI?

The median gross rent in Portland is $1,016 per month based on 2023 Census data.

What is the average home price in Portland?

The median home value in Portland is $165,000 according to Zillow and Census data.

What is the median income in Portland?

The median household income in Portland is $65,116 per year (2023 ACS 5-year estimates).

What is the sales tax in Portland, MI?

The combined state and local sales tax rate in Portland is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Portland, MI affordable?

Yes, Portland is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

Portland at a Glance

Population
3,821
Median Income
$65,116
Home Value
$165,000
Median Rent
$1,016/mo
Unemployment
2.4%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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