?WhereToHQ

Washington County · Oregon · West · 641k residents

Portland, OR: cost of living, taxes & quality of life

Residential facts for Portland: housing, taxes, monthly costs, climate, schools, and household income, with the Oregon median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: Curated city row; coverage varies by fact.

The median home value in Portland is $540,000, 17% above the Oregon median. A two-bedroom rents for about $1,950/mo. Day-to-day costs index at 116 against a national baseline of 100. The median household here earns $82,000 a year.

What the numbers show

Source-confirmed findings

Limited coverage: This profile does not yet have enough source-confirmed local data for a city brief.

This profile does not yet have enough source-confirmed local data for a city brief.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A green, independent-minded city where food carts, bookstores, gardens, and local makers set the tone.

Known for: Food carts, craft beer, books, cycling, gardens, and access to the Oregon outdoors.

Calendar note: The Portland Rose Festival is the city’s signature annual tradition.

Story source: Travel Portland

  • Scale: A large city with a quarter-million or more residents in the profile data.
  • Setting: The profile places Portland about 52 miles from the nearest tracked mountain.
  • Climate signal: The profile records 144 sunny days.
  • Daily pace: The profile records a walk score of 67 and an average commute of 27 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Portland side by side

Cost of living index

116

cheaper than 29% of US cities

Median home value

$540,000

+17% vs state mediancheaper than 24% of US cities

2-bedroom rent

$1,950/mo

cheaper than 22% of US cities

Median household income

$82,000

2.6% vs state median≈ US median

Housing momentum

How fast Portland's housing market is moving, ranked against the US cities we track.

30/100

Cooling

Home prices YoY: -0.7% (bottom 28%)Rents YoY: +1.4% (bottom 35%)Home prices MoM: -0.5% (bottom 9%)
Momentum rising · +12 over 2 yr

Ranks Portland's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Portland's cost-of-living index versus the US average.

All facets · Portland
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Real listings in Portland

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Portland, OR?
Portland indexes at 116 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,950/mo and a median home value of $540,000.
How much does a house cost in Portland?
The median home value in Portland is $540,000, 17% above the Oregon median (compiled estimate; individual listings vary).
How much is rent in Portland?
A two-bedroom in Portland rents for about $1,950/mo.