Portland, OR Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Portland, OR in 2024?

Overall, on average, a gross annual salary of $75,531 is required for an average quality of life in Portland, OR.

Is the Cost of Living High in Portland, OR?

Portland, OR is ranked 263rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Portland, OR's average monthly rent is 8% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Portland, OR in 2024?

A gross annual salary of $50,000 in Portland, OR will yield an average annual net salary of $41,683. Considering that the total average annual cost of living in Portland, OR is $52,564, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Portland, OR?

The average monthly rent in Portland, OR in the city center is $1,900 for a 1 bedroom apartment, $2,301 for a 2 bedroom apartment and $3,005 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,405 for a 1 bedroom apartment, $1,701 for a 2 bedroom apartment and $2,002 for a 3 bedroom apartment.