Cost of Living in Portland, OR
Population 642,715 · Oregon · Data vintage 2023
(100 = US avg)
Portland's housing market reflects its status as a high-earning metro: $558,000 for a typical home, 83% above the US median, paired with household incomes around $88,792 that put it in the upper third of the state.
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 $557,600 — 83% above the national median of $305,000. Median rent runs $1,596/month, 21% higher than the national median of $1,314/month. The median household income of $88,792/year is 19% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 63.9°F and lows of 46.2°F, with about 4.2" of annual snowfall. Overall, Portland has a cost of living index of 158 versus the US average of 100, meaning it is 58% more expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 48 | 52 | 57 | 62 | 69 | 74 | 82 | 82 | 77 | 64 | 54 | 47 |
| Low °F | 36 | 37 | 40 | 44 | 49 | 54 | 59 | 59 | 54 | 47 | 41 | 36 |
| Precip" | 5.03 | 3.68 | 3.97 | 2.89 | 2.51 | 1.63 | 0.51 | 0.54 | 1.52 | 3.42 | 5.45 | 5.77 |
| Snow" | 1.7 | 1.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.2 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Portland, OR?
Portland has a cost index of 158 (100 = national average). It is 58% above the national average.
What is average rent in Portland, OR?
The median gross rent in Portland is $1,596 per month based on 2023 Census data.
What is the average home price in Portland?
The median home value in Portland is $557,600 according to Zillow and Census data.
What is the median income in Portland?
The median household income in Portland is $88,792 per year (2023 ACS 5-year estimates).
What is the sales tax in Portland, OR?
The combined state and local sales tax rate in Portland is 0.0%. The Oregon state income tax top rate is 9.9%.
Is Portland, OR affordable?
Portland is above average in cost of living, with an index of 158 — about 58% higher than the national average.
What is the weather like in Portland?
Portland has average high temperatures of 63.9°F and average lows of 46.2°F. Annual precipitation is 36.9". Average annual snowfall is 4.2". Data from NOAA 1991–2020 Climate Normals.
Portland at a Glance
- Population
- 642,715
- Median Income
- $88,792
- Home Value
- $557,600
- Median Rent
- $1,596/mo
- Unemployment
- 5.5%
- Avg High Temp
- 63.9°F
- Sales Tax
- 0.0%
Nearby Cities
Compare Portland
Explore county-level cost of living data
Oregon Rankings
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